- Together for Sustainability – an initiative of 47 chemical companies – chooses Siemens’ “Sigreen” solution for digital exchange of Product Carbon Footprint (PCF) data
- Pilot project aims to demonstrate the scalability of PCF data exchange across an entire industry
- Chemical industry is a pioneer in product-related environmental data
Together for Sustainability (TfS) and Siemens are announcing a partnership on decarbonization to advance the overall sustainability of the chemical industry. TfS is a global initiative to promote sustainability in the chemical industry’s supply chain, consisting of 47 international companies, including some of the largest chemical groups. Siemens, a leading technology company and supplier of automation and industrial software, will leverage the power of its Sigreen solution, a tool to track and manage product carbon footprint (PCF) and part of the Siemens Xcelerator portfolio.
- Profit impact of around 300 million Euros in Q2 FY22
- Closing expected in July 2022
- Single ownership of Valeo provides strong prospects for joint
venture
- Another successful milestone for Siemens Portfolio Companies
Siemens AG has signed an agreement to sell
its 50 percent stake in the Valeo Siemens e-Automotive (VSeA) joint venture to
Valeo. The positive profit impact of around 300 million Euros will be recorded
in the second quarter of fiscal 2022 and closing is expected in July 2022,
subject to regulatory approvals.
- MHMM to become sole owner of
Primetals Technologies
- Closing expected by early calendar year 2020
- Financial details not disclosed
Mitsubishi-Hitachi Metals Machinery (MHMM) – an MHI group company – and Siemens AG reached agreement on September 30, 2019, that MHMM will acquire Siemens’ 49 percent stake in Primetals Technologies. Closing of the transaction is subject to customary conditions and is expected by early 2020. Siemens will support the process to ensure a successful closing of the transaction. Following closing, MHMM will assume sole control of Primetals Technologies. Financial details of the transaction were not disclosed.
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- Siemens AG to spin off 55 percent of Siemens Energy to Siemens shareholders
- Plans call for further reducing Siemens’ stake significantly within 12 to 18 months after spin-off’s effective date
- Siemens AG contractually obligated to ensure Siemens Energy’s autonomy and independence
- Siemens Energy to have strong capital and liquidity base; solid investment-grade rating targeted
- Initial listing of new shares planned for September 28, 2020
Siemens AG has today published key details of the spin-off of its energy business, together with the invitation to the Extraordinary Shareholders’ Meeting on July 9, 2020. Issuance of the spin-off report marks another key milestone in the creation of an independent, world-leading energy pure play. Siemens shareholders are to automatically receive one share of Siemens Energy AG for every two shares of Siemens AG. Fifty-five percent of Siemens Energy will be spun off to Siemens shareholders. Depending on the strategic and operational development of the two companies, Siemens AG intends to further reduce its stake in Siemens Energy significantly within 12 to 18 months. In addition, Siemens has placed itself under a contractual obligation to refrain from exercising a controlling influence over the new company in the future. Subject to approval by the Extraordinary Shareholders’ Meeting, plans call for the spin-off to take place, as announced, by the end of September 2020. The initial listing is to take place on September 28th, 2020.
- At €57.1 billion, revenue at prior-year level; orders decline slightly to €60.0 billion
- At €7.6 billion, adjusted EBITA for Industrial Businesses only slightly below prior-year level; adjusted EBITA margin of 14.3 percent (FY 2019: 14.4 percent) stable at a high level
- Net income of €4.2 billion (FY 2019: €5.6 billion)
- Free cash flow up substantially to €6.4 billion (FY 2019: €5.8 billion); highest level in past ten years
- Vision 2020+ execution successfully driven
- Total dividend of €3.50 per share (FY 2019: €3.90)
- Outlook: Siemens expects moderate rise in net income for FY 2021 despite significant burdens from currency translation effects
In extremely difficult economic times, Siemens AG delivered a strong financial performance in fiscal 2020 (ended September 30), while successfully driving the Group’s historic transformation. Despite the major challenges worldwide caused by the COVID-19 pandemic, Siemens successfully completed its fiscal year with a strong fourth quarter. In appreciation of their outstanding performance during the crisis, Siemens is paying about €200 million in bonuses to its employees worldwide. Shareholders are also to participate in the company’s business success and financial strength. For this reason, the Managing Board and Supervisory Board are proposing to the Annual Shareholders’ Meeting a dividend of €3.00 plus an additional €0.50, for a total of €3.50 per share. Adjusted by ten percent to take account of the market value of the Siemens Energy spin-off, this amount is at the same level as the prior-year dividend of €3.90.
- Together with customers and partners including Sony, AWS, Red Bull Racing, Unlimited Tomorrow, and Blendhub, Siemens highlights how technology is transforming the everyday
- Siemens partners with Sony to introduce new solution for immersive engineering that combines Sony head mounted display with Siemens Xcelerator software
- AWS and Siemens to make generative AI more accessible to application developers through combination of AWS Bedrock and Mendix Low-Code platform
- Siemens enhances Siemens Xcelerator open business platform with new capabilities to combine real and digital worlds and drive digital transformation across industries
Siemens
unveiled innovations that are combining the real world and the digital worlds
to redefine reality as it opened CES 2024, the world’s leading technology gathering.
Siemens announced new partnerships and breakthroughs in AI and immersive
engineering to enable the industrial metaverse, and highlighted how these
technologies are empowering the world’s innovators to thrive using its open
digital business platform, Siemens Xcelerator.
- About one sixth of all electricity generated worldwide is based on Siemens Energy technology
- Leading portfolio from conventional to renewable energy
- Clear commitment to accelerate profitability by rigorously driving operational excellence, portfolio adjustments and gradually shifting innovation focus towards sustainability and service
- Clear target for Adjusted EBITA margin (before Special Items) of 6.5 to 8.5% for fiscal year 2023
At a virtual capital market day, Siemens Energy, a world leader in energy infrastructure, today laid out its post-spin-off strategy. Siemens Energy is aiming for accelerated profitable growth. Management aims to achieve an Adjusted EBITA margin before Special Items of 6.5% to 8.5% for fiscal 2023. The Executive Board is committed to drive operational excellence, portfolio adjustments to meet market demand and gradually shift the focus of innovation and R&D to sustainability and service.
Zermatt is a truly unique destination nestled in the Swiss Alps. The town is primarily renowned for its iconic Matterhorn Mountain, which stands at 4,478 meters and is one of the highest and most recognizable peaks in the Alps. Zermatt’s landscape includes 38 peaks over 4,000 meters. With around 2.5 million overnight stays recorded in 2023, Zermatt is one of the most popular tourist destinations in Switzerland. However, due to the town’s remote location and rugged terrain, Zermatt faces specific challenges. These include the need for reliable and sustainable infrastructure and the management of natural risks, such as avalanches and extreme weather events, which can disrupt infrastructure and pose safety concerns. These factors, combined with the altitude difference, oxygen-deficient air, and steep terrain, underscore the need for innovative solutions. For decades, together with its innovative customers, Siemens has been developing technological solutions to meet these challenges.
- Several records in Q2 2023, including impressive margin increases and all-time highs in profit for Digital Industries and Smart Infrastructure, as well as another record order backlog
- At €23.6 billion, orders reached a very high level (Q2 2022: €21.0 billion)
- Revenue rose 15 percent on a comparable basis to €19.4 billion(Q2 2022: €17.0 billion)
- Profit Industrial Business surged 47 percent to €2.6 billion (Q2 2022: €1.8 billion)
- Net income nearly tripled to €3.6 billion (Q2 2022: €1.2 billion)
- Excellent free cash flow all-in at Group level totaled €2.3 billion (Q2 2022: €1.3 billion)
- Outlook for revenue growth and earnings per share pre PPA effects raised again
Siemens continued
its strong growth momentum also in Q2 2023 (ended March 31, 2023). The
quarter was characterized by very strong order intake, outstanding revenue
growth driven by substantial increases at Digital Industries, Smart
Infrastructure and Mobility, and higher Profit Industrial Business, including
sharp increases at Smart Infrastructure and Digital Industries, which both
achieved their highest-ever quarterly profit. Following the strong first half of fiscal 2023, Siemens
is again raising its outlook for the fiscal year.
- Siemens Advanta and the Institute for Automotive Research (IfA) to explore innovative technologies in automotive sales and after-sales as part of Zukunftswerkstatt 4.0 (“Workshop for the Future 4.0”)
- Focus on practical research into new digital services and business models related to connected electric vehicles and autonomous driving
- Zukunftswerkstatt 4.0 to showcase automotive industry innovations to prepare companies for growing need to transform and innovate
Zukunftswerkstatt 4.0, which translates to “Workshop for the Future 4.0,” and Siemens Advanta, Siemens’ Business Unit for digital transformation consulting and implementation, are jointly exploring innovative technologies that span the customer journey in the field of automotive sales and after-sales. The aim is to develop new approaches for digital products and services in all areas related to connected electric vehicles and autonomous driving – and thus help shape the future of mobility.