With the recent closing of its acquisition of electronic design automation (EDA) software leader, Mentor Graphics Corporation, Siemens sets out to underscore the significant customer value it envisions for both Electronic Systems and Integrated Circuit (IC) design tools. Mentor is now part of Siemens' product lifecycle management (PLM) software business, making the combined organization the world's leading supplier of industrial software used for product design, simulation, verification, testing and manufacturing.
- Orders and revenue both 5% higher compared to fiscal 2015, at €86.5 billion and €79.6 billion, respectively, for a book-to-bill ratio of 1.09; excluding currency translation effects, orders and revenue both up 6%
- Industrial Business profit up 13%, at €8.7 billion; strong increases in Power and Gas, Energy Management, and Wind Power and Renewables and growth in other Divisions and Healthineers, more than offsetting a substantial decline in Process Industries and Drives
- Industrial Business profit margin reached 10.8%, with all industrial businesses except Process Industries and Drives within their target ranges
- Net income of €5.6 billion reflects the strong operating performance; fiscal 2015 net income of €7.4 billion included €3.0 billion related to divestments of the hearing aid business and Siemens' stake in BSH Bosch und Siemens Hausgeräte GmbH (BSH)
- Basic earnings per share (EPS) of €6.74, above the raised target range announced in the third quarter; basic EPS of €8.84 a year earlier included €3.66 related to the sale of the hearing aid business and the BSH stake
- Siemens proposes a dividend of €3.60 per share
"The fiscal year just ended was one of the strongest in the history of our company. Setting aside portfolio divestments, it was actually the best. We worked hard and I am proud of what our global team has achieved. In fiscal 2017 we will continue working with full concentration on the execution of Vision 2020."
We released our fourth quarter results and preliminary figures for fiscal year 2016 on November 10, 2016. The Press Conference and the Analyst Call were broadcast live.
- Public listing planned
- Leading position to be expanded
Siemens intends to further develop its healthcare business, Siemens Healthineers, and give it even greater flexibility in implementing its growth plans. To this end, the company is planning to publicly list its healthcare business.
The discovery of the dynamo-electric principle has brought about greater changes to the way our society lives than practically any other scientific breakthrough. By inventing the dynamo machine, not only did Werner von Siemens help bring about the advent of electrical machinery, he was also instrumental in accelerating and facilitating industrial processes. Seen from the perspective of society, this completely changed accepted concepts of time and mobility.
- Ananth joins Siemens from Hewlett Packard Enterprise in Silicon Valley
- Many years of experience in the venture capital industry
Lakshmikanth "Lak" Ananth (43) has been appointed to head Siemens' new next47 startup unit, effective November 15, 2016. An India-born U.S. citizen, Ananth joins Siemens from Hewlett Packard Pathfinder, the venture capital program at Hewlett Packard Enterprise (HPE), where he spent the past two years building HPE's investment and partnership program. He was previously responsible, among other things, for business strategy and corporate development at HPE and for the acquisition of early-stage technology companies. Ananth has also worked in the venture capital and corporate development at Cisco.
The Velaro D is the fourth generation of high-speed trains that Siemens has developed on the basis of the Velaro platform. Deutsche Bahn AG (DB) classifies the train as the new Series 407 ICE 3 (predecessors: Series 403 and Series 406 ICE 3). In December 2013, Germany's Federal Railway Authority (EBA) approved the trains' operation – also in multiple-unit or so-called double-traction mode – on the Deutsche Bahn rail network. Passenger operation started on December 21, 2013.
Authorization for operation in single-traction mode in France was granted in April 2015. Since June 2015 the trains have been travelling to Paris in regular passenger operation. In addition to Germany and France, the Velaro D is also intended for cross-border operation in Belgium.
Since 2007, trains based on the Velaro platform have operated with high reliability for more than one billion kilometers in China, Russia, Spain and Turkey – equal to roughly 25,000 times around the globe.
Hermann O. Franz, Chairman of the Supervisory Board of Siemens AG from 1993 to 1998 and longtime member of the company's Managing Board, died on October 7, 2016 at the age of 87.
- Current CIO Norbert Kleinjohann to retire
- Siemens IT supports the company's digital transformation
Effective October 1, 2016, Helmuth Ludwig (54) will serve as Siemens' new Chief Information Officer (CIO), thus assuming responsibility for global IT at the company. He succeeds Norbert Kleinjohann (62), who is retiring. Ludwig was previously Chief Digital Officer of the Product Lifecycle Management (PLM) Business Unit at Siemens' Digital Factory Division.
The Supervisory Board of Siemens AG and Managing Board member Siegfried Russwurm have mutually agreed that the company's contract with Russwurm, which will expire at the end of March 2017, will not be renewed. Russwurm has been a member of the Managing Board since January 2008 and, in addition to his responsibilities as Chief Technology Officer, was the partner on the Managing Board for the separately managed Healthcare business. In addition, he was responsible for the Middle East and CIS regions.