- Continuing growth momentum and very good results in Q1
- Revenue up 8 percent on a comparable basis to €18.1 billion
(Q1 2022: €16.5 billion)
- At €22.6 billion, orders at a high level (Q1 2022: €24.2 billion)
- Profit Industrial Business at €2.7 billion – a 9 percent increase and at a record level in Q1 2023 (Q1 2022: €2.5 billion)
- Net income of €1.6 billion (Q1 2022: €1.8 billion)
- Guidance raised: Siemens now expects comparable revenue growth in the range of 7 percent to 10 percent (previously expected at 6 percent to 9 percent) and an increase in basic EPS pre PPA to a range of €8.90 to €9.40 (previously expected at €8.70 to €9.20)
Siemens started
fiscal 2023 (to December 31, 2022) with a strong performance and maintained its
continuing growth momentum with very good results in Q1. The company leveraged
growth opportunities in its key markets despite a still complex macroeconomic
environment. Following the strong start in fiscal 2023, Siemens raises its
outlook for fiscal 2023. For the Siemens Group, the company now expects
comparable revenue growth, net of currency translation and portfolio effects,
in the range of 7 percent to 10 percent (previously expected at 6 percent to 9 percent)
and continues to expect a book-to-bill ratio above 1. Furthermore, Siemens now
expects this profitable growth of its industrial businesses to drive an
increase in basic EPS from net income before purchase price allocation
accounting (EPS pre PPA) to a range of €8.90 to €9.40 (previously expected at
€8.70 to €9.20) in fiscal 2023.
- Pilot operation with climate-friendly battery-powered trains
- Record performance of powerful Mireo Plus B on topographically challenging Westerwald route
- Diesel trains to be replaced by eco-friendly battery trains
Hessische
Landesbahn has opted for three two-car Mireo Plus B battery trains from Siemens
Mobility for their Upper and Lower Westerwald railway pilot project. Both
routes in the Westerwald, with demanding gradients and long non-electrified
sections, require high-performance trains. With its high drive power, the Mireo
Plus B is ideally suited to meet this challenge. Battery-powered trains will
achieve substantial CO2 savings and reduce noise levels and exhaust
emissions in the region when they replace diesel trains.
- BASF, BMW Group, Henkel, Mercedes-Benz, SAP, Schaeffler, Siemens, T-Systems, Volkswagen and ZF jointly founded Cofinity-X to accelerate the operation and adoption of Catena-X use-cases throughout the automotive industry.
- Cofinity-X aims to operate an open marketplace for applications and provide products and services to enable the efficient and secure exchange of data between all participants of the ecosystem initially focusing on the European market.
- Cofinity-X will help to make important progress with the operationalization and build-up of end-to-end data-chains to trace material flows throughout the entire value chain.
- Basis for the operation will be the trusted Catena-X and Gaia-X principles ensuring full data sovereignty for data sharing parties in an open, trusted, collaborative, and secure environment.
With the
foundation of Cofinity-X the shareholders BASF, BMW Group, Henkel,
Mercedes-Benz, SAP, Schaeffler, Siemens, T-Systems, Volkswagen and ZF initiate
the next step in Europe to foster the Catena-X initiative. Cofinity-X strives
to be one of the first operating companies which aims to provide products and
services for the secure exchange of data throughout the entire automotive value
chain.
Siemens turns ski lifts into high-tech systems
Siemens Mobility has received an order for 1,200 locomotives
of 9,000 horsepower (HP) from Indian Railways, marking the single largest
locomotive order in the history of Siemens Mobility and single largest order in
the history of Siemens India. Siemens Mobility will design, manufacture,
commission and test the locomotives. Deliveries are planned over an eleven-year
period, and the contract includes 35 years of full service maintenance.
- Siemens Advanta expands its footprint in the United Kingdom
- Vendigital is a leading UK-based Operations Consultancy
- Complementary capabilities to add value for Siemens’ clients
Siemens has acquired the UK-based consulting company Vendigital, which will
become part of Siemens Advanta, the professional services business
unit of Siemens. The transaction was signed
and closed on December 22, 2022.
- Siemens
Mobility to deliver 1,200 electric locomotives and provide
35 years of full service maintenance
- Single largest
locomotive order in the history of Siemens Mobility and single largest order in
the history of Siemens India
- Siemens
Mobility strengthens its position in important growth market: India is a lead
country in the railway industry with an almost fully electrified rail network
Siemens Mobility has received an order for 1,200 locomotives of 9,000 horsepower
(HP) from Indian Railways, marking the single largest locomotive order in the
history of Siemens Mobility and single largest order in the history of Siemens India.
Siemens Mobility will design, manufacture, commission and test the locomotives.
Deliveries are planned over an eleven-year period, and the contract includes 35
years of full service maintenance. The locomotives will
be assembled in the Indian Railways factory in Dahod, in the state of Gujarat, India. Maintenance will be performed in
four Indian Railways depots located in Vishakhapatnam, Raipur, Kharagpur and
Pune. Locomotive assembly and maintenance will be implemented together
with the staff of Indian Railways. The contract has a total value of
approximately €3 billion, excluding taxes and price variation.
- Siemens technology and capital is aiding 80 Acres Farms and its technology subsidary, Infinite Acres, in expansion to meet global food supply demands
- Siemens hardware and software solutions provide key technologies for 80 Acres' farm facilities and operations via Infinite Acres' Loop platform
Siemens announced its collaboration with 80 Acres Farms, a leader in the
indoor farming industry. With five production farms in southwestern Ohio, a new
farm in Florence, Kentucky, a future farm in Covington, Georgia, and R&D
facilities in Arkansas and the Netherlands, 80 Acres Farms specializes in
growing the next generation of food — food grown in eco-friendly indoor farms
closer to consumers’ tables.
- More than
€12 million for aid projects and humanitarian organizations to date
- Siemens
continues to match all employee donations to Siemens Caring Hands e.V.
- More than 60
aid projects implemented by different organizations
- Focus on support
for improving access to medical care
- Further
support for maintaining and rebuilding critical infrastructure
The war in
Ukraine continues to force people to flee the affected areas. Low winter
temperatures are exacerbating the precarious situation of the people living
there. To provide further help to those affected, Siemens AG and Siemens
Healthineers AG are extending their aid campaign and will continue to match
every euro donated by their employees to Siemens Caring Hands e.V. Through this
charitable organization, the two companies have collected more than €12 million
in donations so far since the outbreak of the war. These donations have already
enabled various organizations to implement more than 60 aid projects. The projects
have ranged from supplying food and medicine to providing clothing and
temporary refugee accommodation for Siemens employees and their families, and for
anyone in need in Ukraine.
- Turnkey
contract to integrate the delivery and commissioning of fully automated,
driverless metro trains, digital
rail infrastructure including signalling, electrification, telecoms, platform
screen doors and depot
- Providing
latest digital products and platforms, optimizing
operations throughout the network for the trains, rail infrastructure and
subsystems
- 15-year
maintenance contract, first time usage of digital asset management applications
by Railigent X in Australia
Siemens Mobility is the system integrator and
reliable partner for on time delivery of the city-shaping project Sydney Metro
– Western Sydney Airport, the new metro railway line that will service between
St Marys, the new Western Sydney International Airport and the
Western Sydney Aerotropolis. The company has been awarded
a contract to deliver 12 automated, driverless 3-car metro trains, a purpose built
depot, the digital rail infrastructure including signalling, electrification, telecoms
and platform screen doors as well as system integration, testing and
commissioning. The company will also complete a 15-year maintenance contract.
Siemens Mobility is delivering the turnkey project as a member of the Parklife
Metro consortium with its partners Webuild, RATP Dev, Siemens Financial
Services and Plenary Group, all with strong international experience in
delivering infrastructure projects. The Siemens Mobility portion of the contract is 900 million Euro.