- Orders rose 15 percent on a comparable basis to €24.2 billion and again reached a very high level (Q3 2022: €22.0 billion)
- Revenue grew 10 percent on a comparable basis to €18.9 billion (Q3 2022: €17.9 billion)
- Profit Industrial Business totaled €2.8 billion (Q3 2022: €2.9 billion) with a strong increase at Smart Infrastructure and Digital Industries
- Net income was €1.4 billion (Q3 2022: a net loss of €1.5 billion)
- Free cash flow all-in at group level was an outstanding €3.0 billion, a 29 percent increase (Q3 2022: €2.3 billion)
- Outlook on group level confirmed for fiscal 2023 for revenue growth and EPS pre PPA, excluding the Siemens Energy Investment
Siemens continued
its profitable growth trajectory in Q3 2023 (ended June 30, 2023),
with all industrial businesses achieving strong revenue growth. Order momentum
in the company’s major projects and systems business was also strong. The
book-to-bill ratio was an excellent 1.28, while the order backlog of €110 billion
was again at a record high level. Siemens confirms its outlook on group level
for fiscal 2023 and continues to expect revenue growth of 9 percent to 11 percent
and basic earnings per share before purchase price allocation accounting (EPS
pre PPA) of €9.60 to €9.90, excluding the Siemens Energy Investment.
- Supporting formal coordination and adoption of a national view on interoperability to advance safety and productivity across Australian rail networks
Siemens Mobility has signed a Memorandum of
Cooperation (MoC) with governments and industry, aimed at enhancing rail
interoperability throughout Australia and addressing long-standing legacy
issues in the rail industry. The signing took place at Siemens Mobility Port
Melbourne manufacturing site where signalling products are locally designed and
manufactured with Australian Made certification.
-
90 new trains in size XXL
- For the first time, all cars are completely integrated and set new standards
with a train length of over 200 meters
- Financing guaranteed by
the State of Bavaria
Passengers on Munich’s S-Bahn can soon look
forward to traveling on the most modern S-Bahn trains in Germany. Siemens
Mobility will deliver 90 superlative new S-Bahn trains worth more than two
billion euros after winning an EU-wide tender. The contract includes an option
for additional trains. Financing for the trains is guaranteed by the State of
Bavaria through a leasing model.
Siemens Mobility and
Deutsche Bahn have jointly launched a groundbreaking project that takes public
transportation in Munich to a new level. As part of this pioneering
collaboration, modern S-Bahn trains have been developed to provide passengers
with an even more pleasant and efficient travel experience. The new S-Bahn
trains not only promise increased capacity but also set new standards in terms
of comfort, sustainability, and technology.
- 15 additional Vectron AC and Vectron MS
locomotives
- Delivery includes locomotives with a top speed
of 200 km/h
- Milestone reached: 100 Vectrons ordered by
Akiem since 2021
Akiem, a leading European
rolling stock leasing company, has ordered an additional 15 Vectron AC and
Vectron MS locomotives from Siemens Mobility. The order was placed as part of a
framework agreement for the purchase of locomotives that was signed in December
2021. Locomotives from this new call will be delivered between 2025 and 2027.
Akiem previously ordered 20 Vectron locomotives from Siemens Mobility in December
2021 and an additional 65 units last August.
- Delivery of 15 Vectron MS locomotives
- MSC subsidiary MEDWAY Belgium NV will take
delivery of equipment and is a new customer of Siemens Mobility
- Locomotives can operate in 12 European
countries
Siemens
Mobility has received an order from MSC subsidiary MEDWAY Belgium NV for 15 Vectron
MS locomotives. MEDWAY plans to use the locomotives for cross-border freight
transport in Europe and also for supplementing container transport by ship in
serving the eastern hinterland of Antwerp.
City of Hamburg, Deutsche Bahn, and Siemens
Mobility sign cooperation agreement for Digitale S-Bahn Hamburg 2.0
New
intelligent operations control system to be tested until UITP Congress 2025
Partners jointly invest 35 million euros
(Hamburg, July 18,
2023) With the Digitale S-Bahn Hamburg, train travel will become even more
environmentally friendly in the future. Deutsche Bahn (DB), the city of
Hamburg, and Siemens Mobility are introducing a new intelligent operations
control system for the Digitale S-Bahn in Hamburg, aiming to reduce the trains'
power consumption by up to 30 percent. The system will be tested until the UITP
World Congress 2025. The project, costing 35 million euros, is jointly funded
by DB, the city of Hamburg, and Siemens Mobility. A cooperation agreement for
the Digitale S-Bahn Hamburg 2.0 was signed by representatives of the partners
today.
- Siemens to donate EUR 500,000 to foundation for mountain rescue services
- Funds to further develop globally unique Bavarian Mountain Rescue Service's center for Safety and Training in Bad Tölz
- Half of donations from Siemens employees
Siemens and
the charitable association Siemens Caring Hands e.V. are supporting the Stiftung
Bergwacht, a non-profit foundation for mountain rescue services, with a
donation of €500,000. The foundation will use the donation to further develop
the Bavarian Mountain Rescue Service’s Center for Safety and Training in Bad
Tölz, Germany, and thus improve disaster prevention in Germany and Europe. Half
the donation is from Siemens employees and half from Siemens AG. The funds are part
of a donation pool that Siemens set up in 2021 in response to the flood
disaster on the Ahr River in the German states of Rhineland-Palatinate, North
Rhine-Westphalia and Bavaria. Over the past two years, €2.8 million from the
pool has been used to support 25 emergency, reconstruction and prevention
projects.
Siemens is rigorously executing its announced €2 billion investment strategy. Of this amount, the company plans to invest around €1 billion in Germany, thereby boosting the country’s innovative strength.
- Investment of €1 billion planned in Germany, €500 million for new Technology Campus in Erlangen
- Part of €2 billion global investment strategy in 2023 for boosting growth, innovation and resilience across all regions
- Further investments in Europe and the U.S.
- New campus to become global development and manufacturing hub and nucleus for technology activities for industrial metaverse
- Erlangen location to promote and accelerate ecosystem of partners from business and scientific communities
- Transition to environmentally sustainable net-zero location
Siemens is
rigorously executing its announced €2 billion investment strategy. Of this
amount, the company plans to invest around €1 billion in Germany, thereby boosting
the country’s innovative strength. In the presence of German Chancellor Olaf Scholz,
the technology company today announced the establishment of its new Technology Campus in Erlangen, Germany, with
investments of around €500 million in the expansion of development and manufacturing
capacities. As a result, Siemens is establishing the Erlangen location as a
global research and development hub and the nucleus of global technology
activities for the industrial metaverse. These steps will enable Siemens to
accelerate its overall growth, drive innovation and increase its resilience.