- Gerhard Cromme reelected Supervisory Board Chairman
- Ten new shareholder representatives elected to Supervisory Board
At the Annual Shareholders' Meeting of Siemens AG on Wednesday, ten shareholder representatives were elected to the company's Supervisory Board. Their election had been proposed in the previously published agenda. At the Supervisory Board meeting held immediately following the Annual Shareholders' Meeting, Gerhard Cromme was reelected Chairman of the Supervisory Board.
- Acts of Managing and Supervisory Boards ratified by large majority
- Dividend proposal of €3.00 per share endorsed
- Osram spinoff approved
Voting at the company's Annual Shareholders' Meeting, the shareholders of Siemens AG have ratified the acts of the Managing and Supervisory Boards for fiscal 2012. As recommended by the Managing and Supervisory Boards, the shareholders also approved by large majorities a dividend payout of €3.00 per share and the planned spinoff of Osram.
We released our first quarter results for fiscal 2013 on January 23, 2013. The press conference was broadcast live on the internet.
- Revenue slightly above prior-year level
- Book-to-bill ratio again above 1
- Total Sectors profit up four percent
- No economic tailwinds expected in fiscal 2013
Siemens is starting fiscal 2013 with solid figures. Compared to the same period last year, revenue increased slightly in the first quarter due to the good order backlog. Although new orders declined moderately year-over-year, the book-to-bill ratio was again above 1, having been below 1 for the previous three quarters in a row. Total Sectors profit rose four percent. "In an uncertain economic environment, we got off to a solid start in fiscal 2013. For the rest of the year as well, we don't expect any tailwinds from the global economy to help us reach our ambitious goals. Our full attention is on implementing our Siemens 2014 program," said Siemens President and CEO Peter Löscher.
"In an uncertain economic environment, we got off to a solid start in fiscal 2013. For the rest of the year as well, we don't expect any tailwinds from the global economy to help us reach our ambitious goals. Our full attention is on implementing our Siemens 2014 program."
- 34,67 percent of voting capital represented
- Mars rover Curiosity major attraction
- Event completely powered by green electricity
The Annual Shareholders' Meeting of Siemens AG was well attended again this year. Despite wintry conditions, roughly 8,100 shareholders were present in Munich's Olympiahalle at noon on Wednesday. Some 8,800 shareholders attended the annual event last year. A total of about 34,67 percent of Siemens' voting capital was represented at this year's Annual Shareholders' Meeting. More than 15,000 shareholders had ordered tickets for the event, and over 80,000 had exercised their voting rights by proxy or absentee ballot. Many opted for the convenient alternative of participating in the Annual Shareholders' Meeting and exercising or transferring their voting rights via PC.
Siemens held its Annual Shareholders' Meeting at the Olympia Hall in Munich on January 23, 2013.
- 98.21 percent of shareholders at Annual Shareholders' Meeting approve spinoff
- Siemens shareholders to receive one additional share of OSRAM Licht AG for every ten Siemens shares
- Initial listing on stock exchanges in Frankfurt and Munich in April at the earliest
At today's Annual Shareholders' Meeting in Munich, shareholders of Siemens AG voted overwhelmingly to approve Osram's planned spinoff. The measure was endorsed by 98.21 percent of the valid votes cast. A 75 percent majority was required.
Siemens AG is commissioning an independent academic study of the company's development from 1981 to 2011. The project is to be undertaken by the economic and company historian Hartmut Berghoff and the contemporary historian Cornelia Rauh. Both are being given unrestricted access to the company archives and they will be interviewing contemporary witnesses as well as researching documents. The results are expected to be published in 2014.
The number of patent applications filed by Siemens continues to rise: in fiscal 2012, the company filed some 4,600 patent applications – seven percent more than a year earlier. Siemens' patent portfolio now comprises 57,300 patents worldwide. The number of invention disclosures submitted also reached a new high of 8,900. Twelve particularly successful researchers and developers whom Siemens honored as Inventors of the Year 2012 in Munich on December 13 played a leading role here. These individuals alone account for 613 invention disclosures and 734 individual patents. "Your brilliant ideas are the basis for highly innovative products that are already driving energy efficiency and productivity in many industries," said Siemens President and CEO Peter Löscher at the awards ceremony. "With every invention and every patent, our researchers and developers are paving the way for Siemens' continued growth."