- Annual Shareholders’ Meeting to be
held on February 8, 2024
- Main
content of speeches to be given by Supervisory Board Chairman Jim Hagemann Snabe
as well as President and CEO Roland Busch are expected to be published by no
later than January 31, 2024
- Supervisory Board and Managing Board propose increasing dividend to €4.70 (fiscal
2022: €4.25)
- PwC is being proposed to 2024 Annual
Shareholders’ Meeting as new independent auditors for fiscal 2024
Siemens AG has
published its Notice of Annual
Shareholders’ Meeting, along with the agenda of this meeting, which is to be
held on February 8, 2024. Based on an authorization approved by a large
majority at Siemens’ 2023 Annual Shareholders’ Meeting, the Annual
Shareholders’ Meeting will again be held in a virtual format.
- Siemens
publishes Sustainability Report of fiscal year 2023 showing strong progress
towards ambitious targets
- CO2
emissions in own operations halved since 2019
- Approximately
190 million tons customer emissions avoided with Siemens’ products and
solutions sold in FY 2023 (24 percent improvement)
- €416 million
invested in training and continuing education across the Siemens Group (up 11 percent)
- Nearly one-third
of the company’s top management positions are held by women
Siemens has published its
fiscal year 2023 Sustainability Report which demonstrates strong progress
towards a range of targets. Since the baseline year of
fiscal 2019, the CO2 emissions within Siemens’ own operations have
been halved. In addition, more than 90 percent of Siemens’ business
enables customers to have a positive sustainability impact: With the aid of
Siemens technologies sold in fiscal 2023, customers will avoid around
190 million tons of CO2 emissions – an improvement of about
24 percent over the prior year.
- Powered by Siemens’ PartQuest software, RS DesignSpark Circuit Simulator is a comprehensive cloud native environment for designing, modeling, simulating and analyzing electronic/mechatronic circuits and systems
- 1.3 million DesignSpark community members will have access to the new DesignSpark Circuit Simulator tool
Siemens
Digital Industries Software announced today that
the RS Group plc, a global provider of product and service solutions to more
than 1.1 million industrial customers, has selected Siemens as its strategic
electronic design automation (EDA) provider for its new, cloud native, DesignSpark
Circuit Simulator tool – empowering users to streamline the design process.
- Siemens expands its portfolio for water industry customers with a focus on non-revenue water reduction
- BuntPlanet offers cloud-hosted AI solutions for water utilities
- Offering to be integrated into the Siemens Xcelerator business platform
Today, Siemens has announced the acquisition of
BuntPlanet, a technology company based in San Sebastian, Spain. BuntPlanet’s award winning software has been deployed around the world
to support customers with smart metering solutions, water quality, asset
management, and integration of hydraulic models and artificial intelligence for
detecting leaks and other anomalies in water networks. Siemens has had a
licensing agreement with BuntPlanet since 2019 to sell their leakage detection
software known as SIWA LeakPlus. With this acquisition, BuntPlanet’s entire
offering and team will be integrated with Siemens’ application portfolio for
water utilities making it even more comprehensive for water customers.
- Siemens and Intel to collaborate to advance semiconductor manufacturing production efficiency and sustainability across scopes 1-3 of the value chain
- Semiconductors are crucial for the global economy and for lowering carbon footprints across economies by enabling sustainable solutions
- Intel and Siemens will leverage their respective portfolios of cutting edge IoT solutions, along with Siemens automation solutions to enhance semiconductor manufacturing efficiency and sustainability
Siemens
AG, a leading technology company, and Intel Corporation, one of the world’s
largest semiconductor companies, have signed a Memorandum of Understanding
(MoU) to collaborate on driving digitalization and sustainability of
microelectronics manufacturing. The companies will focus on advancing future
manufacturing efforts, evolving factory operations and cybersecurity, and supporting
a resilient global industry ecosystem.
- HEEDS AI Simulation Predictor empowers organizations to take full advantage of the digital twin to optimize products through advanced state-of-the-art AI with built-in accuracy awareness
- Innovative, high-performing, designs can be produced faster by using knowledge and learnings from historical simulation studies
- Simcenter Reduced Order Modeling uses high-fidelity simulation or test data to train and validate AI/ML models to make predictions in fractions of a second
Siemens Digital Industries Software today set the benchmark for innovation in the field of engineering simulation with the launch of two groundbreaking solutions - HEEDS™ AI Simulation Predictor software and Simcenter™ Reduced Order Modeling software. These tools empower engineers to tackle the most complex challenges manufacturers face, delivering predictive performance with speed, precision, and efficiency.
- AWS IoT SiteWise Edge now available as application on Siemens Industrial Edge Marketplace
- Seamless integration of edge and cloud helps customers optimize industrial operations
- Collect, organize, and analyze Industrial Internet of Things (IIoT) data at scale to make better, data-driven decisions
AWS IoT SiteWise Edge is now available on the Siemens Industrial Edge Marketplace. From there,
customers can deploy it on Siemens Industrial Edge for centralized app and
device management and combine it with a variety of other apps and edge devices,
from Siemens and other vendors, to configure an IoT solution for their specific
challenges. AWS IoT SiteWise Edge is an on-premises software that is part of the Industrial
IoT services portfolio of Amazon Web Services Inc. (AWS) and can collect,
process, and monitor equipment data locally, even without an internet
connection.
- Red Bull Ford Powertrains is using the Siemens Xcelerator portfolio of industry software to develop a new hybrid power unit for 2026 racing season
- Hybrid power unit specifications for the 2026 season require a more even split between Internal Combustion Engine (ICE) and electric power
Siemens Digital Industries Software
announced today that Red Bull Ford Powertrains has leveraged the Siemens
Xcelerator portfolio of industry software to rapidly develop the next
generation hybrid ICE/electric driven Power Unit (PU) for the Formula 1 2026
racing season.
- Orders in fiscal 2023 rose 7 percent on a comparable basis to €92.3 billion (fiscal 2022: €89.0 billion)
- Revenue in fiscal 2023 grew 11 percent on a comparable basis to €77.8 billion (fiscal 2022: €72.0 billion)
- New record highs: Profit Industrial Business of €11.4 billion (fiscal 2022: €10.3 billion); profit margin Industrial Business climbed to 15.4 percent (fiscal 2022: 15.1 percent)
- Free cash flow for Siemens Group at record level of €10.0 billion (fiscal 2022: €8.2 billion)
- Net income nearly doubled to historic high of €8.5 billion (fiscal 2022: €4.4 billion)
- Increased dividend of €4.70 per share proposed (fiscal 2022: €4.25)
- Innomotics: Preparation of standalone options to be initiated
- Outlook for fiscal 2024: Siemens expects revenue growth of 4 percent to 8 percent on a comparable basis and basic earnings per share before purchase price allocation accounting, excluding the Siemens Energy Investment, of between €10.40 and €11.00
Siemens successfully
continued its profitable growth trajectory and set multiple new records in
fiscal 2023 (ended September 30, 2023). In a historic, record-breaking
performance by Siemens’ operating business, revenue for the full year rose 11 percent
on a comparable basis – excluding currency translation and portfolio effects – to
the upper end of the company’s raised guidance (9 percent to 11 percent).
The profit and profitability of the Industrial Business reached new record
levels as did net income. Shareholders are also to benefit
from the company’s outstanding performance. The Supervisory Board and Managing
Board propose increasing the dividend from €4.25 in fiscal 2022 to €4.70 a share.