We have released our second quarter results for fiscal year 2023 on May 17, 2023. The Press Conference Call and the Analyst Call have been broadcast live.
- 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.
- 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.
- Performance optimized, easy to use and future-proof servo drive system
- Flexible and compact – scalable depending on the application
- Easy engineering thanks to integration in TIA, integrated web server and one-button tuning function
With Sinamics S200, Siemens is launching a new servo drive system designed
for a variety of standard applications in the battery, electronics as well as other
industries. It consists of a precise servo drive, powerful servo motors and
easy-to-use cables and offers high dynamic performance. Applications that
require precision in speed and torque, such as winding and unwinding machines in
battery manufacturing and cell assembly, particularly benefit from the new
servo drive system. For this purpose, Sinamics S200 offers optimized speed
ripple, cogging torque compensation, 17/21-bit ST and 21-bit MT encoders, and
cycle-synchronous communication for optimized performance by
Profinet IRT in minimum 250us.
- Cellforce selects Siemens Xcelerator open digital business platform to produce premium-segment EV batteries
- Agreement sets benchmark for scalable, sustainable, competitive battery cell production and efficient building operations
- Siemens to become preferred supplier with its Industrial Operations X software and hardware portfolio and Building X digital building platform
- Siemens to further expand footprint in battery market
High-end battery manufacturer Cellforce and Siemens have concluded a
Memorandum of Understanding with the aim to enter a strategic partnership.
Cellforce develops and manufactures high performance Li-Ion battery cells for the
automotive market utilizing advanced battery materials and cutting-edge production
technologies.
The pump and drive system-OEMs team up through
their IoT-platforms for enhanced pump operations
- Siemens Arts Program engaging for first time in Alexandria, Egypt, with a production of Mozart’s opera “Don Giovanni”
- German-Egyptian education project set to provide fresh momentum for opera tradition in Alexandria
- Don Giovanni premiering at Bibliotheca Alexandrina on May 18, 2023
Siemens
intends to further expand its cultural commitment in Egypt and is supporting an
exceptional opera production in Alexandria for the first time. Together with
the German cultural institution Goethe-Institut, the Egyptian conductor Nayer Nagui
and the Bibliotheca Alexandrina library, the Siemens Arts Program is making the
Egyptian premiere of Mozart’s “Don Giovanni” possible. The performance will
take place at the Bibliotheca Alexandrina at 7 p.m.
on Thursday, May 18, 2023.
- The two companies are developing a new systems engineering and asset management combined software solution to support traceability and sustainable product development – linking domains including mechanical, electronics, electrical and software engineering
Siemens Digital
Industries Software and IBM (NYSE:IBM) today
announced they are expanding their long-term partnership by collaborating to
develop a combined software solution integrating their respective offerings for systems
engineering, service lifecycle management and asset
management.
- Siemens, Bausch+Ströbel, Bosch Rexroth, CADENAS, Festo, HARTING, SICK, Phoenix Contact, and WAGO use the Asset Administration Shell (AAS) to exchange digital twins in engineering
- Defined AAS standard is crucial for the interoperable and efficient exchange of digital twin data
- At Hannover Messe, partners demonstrate a specific application with machinery manufacturer Bausch+Ströbel
- Collaboration in an open ecosystem from component manufacturer to the customer
At Hannover Messe 2023, Siemens, Bausch+Ströbel,
Bosch Rexroth, CADENAS, Festo, HARTING, SICK, Phoenix Contact, and WAGO jointly
demonstrate how the Asset Administration Shell standard can be implemented in
practice. The companies have exchanged digital twin data according to the AAS
standard and evaluated the added value based on a specific application with
machinery manufacturer Bausch+Ströbel. In doing so, the nine partners thus made
the interoperable digital twin based on an Asset Administration Shell from the
component manufacturer to the customer possible for the first time.