- First digital bond on a public blockchain in accordance with Germany’s Electronic Securities Act (eWpG)
- Siemens is a pioneer in the ongoing digital transformation of capital and securities markets
- The bond has a volume of €60 million and maturity of one year
- Bond sold directly to investors
- Classic payment via bank account
Siemens is one of the first
companies in Germany to issue a digital bond, in accordance with Germany’s
Electronic Securities Act (Gesetz über elektronische Wertpapiere, eWpG).
Worth 60 million, it has a maturity of one year and is underpinned by a public
blockchain. Issuing the bond on a blockchain offers a number of benefits
compared to previous processes. For instance, it makes paper-based global
certificates and central clearing unnecessary. What’s more, the bond can be
sold directly to investors without needing a bank to function as an
intermediary.
- Shareholders approve dividend
proposal of €4.25 per share
- Large majority at Annual
Shareholders’ Meeting ratifies the acts of the Managing and Supervisory Boards
- Annual Shareholders’ Meeting elects
three new Supervisory Board members to join the oversight body and reelects
four members
At the Siemens AG Annual Shareholders’ Meeting held today, the
shareholders decided by a large majority of 99.75 percent to approve the Managing
and Supervisory Boards’ proposal that a dividend of €4.25 per share entitled to
a dividend be distributed for fiscal 2022. As a result, the dividend has been raised
by €0.25 compared to the prior year, and Siemens has continued to pursue
its progressive dividend policy in an impressive manner. In addition, with a
large majority of the votes, the Annual Shareholders’ Meeting ratified the acts
of the members of the Managing and Supervisory Boards for fiscal 2022. The number
of people following the virtual Annual Shareholders’ Meeting peaked at more
than 4,500. About 147 questions were asked at the event.
- Siemens AG and Siemens Healthineers provide
immediate humanitarian assistance
- Internal call for donations: the
company will match every euro donated by employees
- Siemens Caring Hands e.V. supports relief
organizations in Türkiye and Syria
Siemens AG
and Siemens Healthineers have provided immediate assistance of €500,000, respectively,
to help the victims of the earthquake in Türkiye and Syria and to support
rescue efforts. In addition, both companies have called on their employees for
donations – every euro donated by their employees will be matched.
- Continuing growth momentum and very good results in Q1
- Revenue up 8 percent on a comparable basis to €18.1 billion
(Q1 2022: €16.5 billion)
- At €22.6 billion, orders at a high level (Q1 2022: €24.2 billion)
- Profit Industrial Business at €2.7 billion – a 9 percent increase and at a record level in Q1 2023 (Q1 2022: €2.5 billion)
- Net income of €1.6 billion (Q1 2022: €1.8 billion)
- Guidance raised: Siemens now expects comparable revenue growth in the range of 7 percent to 10 percent (previously expected at 6 percent to 9 percent) and an increase in basic EPS pre PPA to a range of €8.90 to €9.40 (previously expected at €8.70 to €9.20)
Siemens started
fiscal 2023 (to December 31, 2022) with a strong performance and maintained its
continuing growth momentum with very good results in Q1. The company leveraged
growth opportunities in its key markets despite a still complex macroeconomic
environment. Following the strong start in fiscal 2023, Siemens raises its
outlook for fiscal 2023. For the Siemens Group, the company now expects
comparable revenue growth, net of currency translation and portfolio effects,
in the range of 7 percent to 10 percent (previously expected at 6 percent to 9 percent)
and continues to expect a book-to-bill ratio above 1. Furthermore, Siemens now
expects this profitable growth of its industrial businesses to drive an
increase in basic EPS from net income before purchase price allocation
accounting (EPS pre PPA) to a range of €8.90 to €9.40 (previously expected at
€8.70 to €9.20) in fiscal 2023.
- Pilot operation with climate-friendly battery-powered trains
- Record performance of powerful Mireo Plus B on topographically challenging Westerwald route
- Diesel trains to be replaced by eco-friendly battery trains
Hessische
Landesbahn has opted for three two-car Mireo Plus B battery trains from Siemens
Mobility for their Upper and Lower Westerwald railway pilot project. Both
routes in the Westerwald, with demanding gradients and long non-electrified
sections, require high-performance trains. With its high drive power, the Mireo
Plus B is ideally suited to meet this challenge. Battery-powered trains will
achieve substantial CO2 savings and reduce noise levels and exhaust
emissions in the region when they replace diesel trains.
- BASF, BMW Group, Henkel, Mercedes-Benz, SAP, Schaeffler, Siemens, T-Systems, Volkswagen and ZF jointly founded Cofinity-X to accelerate the operation and adoption of Catena-X use-cases throughout the automotive industry.
- Cofinity-X aims to operate an open marketplace for applications and provide products and services to enable the efficient and secure exchange of data between all participants of the ecosystem initially focusing on the European market.
- Cofinity-X will help to make important progress with the operationalization and build-up of end-to-end data-chains to trace material flows throughout the entire value chain.
- Basis for the operation will be the trusted Catena-X and Gaia-X principles ensuring full data sovereignty for data sharing parties in an open, trusted, collaborative, and secure environment.
With the
foundation of Cofinity-X the shareholders BASF, BMW Group, Henkel,
Mercedes-Benz, SAP, Schaeffler, Siemens, T-Systems, Volkswagen and ZF initiate
the next step in Europe to foster the Catena-X initiative. Cofinity-X strives
to be one of the first operating companies which aims to provide products and
services for the secure exchange of data throughout the entire automotive value
chain.
- Siemens Advanta expands its footprint in the United Kingdom
- Vendigital is a leading UK-based Operations Consultancy
- Complementary capabilities to add value for Siemens’ clients
Siemens has acquired the UK-based consulting company Vendigital, which will
become part of Siemens Advanta, the professional services business
unit of Siemens. The transaction was signed
and closed on December 22, 2022.
- Siemens
Mobility to deliver 1,200 electric locomotives and provide
35 years of full service maintenance
- Single largest
locomotive order in the history of Siemens Mobility and single largest order in
the history of Siemens India
- Siemens
Mobility strengthens its position in important growth market: India is a lead
country in the railway industry with an almost fully electrified rail network
Siemens Mobility has received an order for 1,200 locomotives of 9,000 horsepower
(HP) from Indian Railways, marking the single largest locomotive order in the
history of Siemens Mobility and single largest order in the history of Siemens India.
Siemens Mobility will design, manufacture, commission and test the locomotives.
Deliveries are planned over an eleven-year period, and the contract includes 35
years of full service maintenance. The locomotives will
be assembled in the Indian Railways factory in Dahod, in the state of Gujarat, India. Maintenance will be performed in
four Indian Railways depots located in Vishakhapatnam, Raipur, Kharagpur and
Pune. Locomotive assembly and maintenance will be implemented together
with the staff of Indian Railways. The contract has a total value of
approximately €3 billion, excluding taxes and price variation.
- Siemens technology and capital is aiding 80 Acres Farms and its technology subsidary, Infinite Acres, in expansion to meet global food supply demands
- Siemens hardware and software solutions provide key technologies for 80 Acres' farm facilities and operations via Infinite Acres' Loop platform
Siemens announced its collaboration with 80 Acres Farms, a leader in the
indoor farming industry. With five production farms in southwestern Ohio, a new
farm in Florence, Kentucky, a future farm in Covington, Georgia, and R&D
facilities in Arkansas and the Netherlands, 80 Acres Farms specializes in
growing the next generation of food — food grown in eco-friendly indoor farms
closer to consumers’ tables.