- On March 8, 1899, Siemens shares
were traded for the first time on the Berlin Stock Exchange
- As a result, Siemens is one of the
oldest continuously listed companies in German stock-exchange history
- Progressive internationalization of
shareholder structure
- One of
the world’s largest employee share programs
Today, Siemens is celebrating its 125th year on the stock exchange. On
March 8, 1899, Siemens shares were traded for the first time on the
floor of the Berlin Stock Exchange. As a result, Siemens is one of the oldest
continuously listed companies in Germany’s stock-exchange history. One hundred
and twenty-five years later, Siemens remains a leading technology company in
the fields of industry, infrastructure, transport, and healthcare and is one of
the top 100 most valuable companies in the world.
- Siemens and Enlighted announce ecosystem partnership with Zumtobel Group, a global lighting solutions provider
- Enlighted’s state-of-the-art smart sensor technology to be integrated into Zumtobel Group’s premium lighting products, for an attractive IoT lighting bundle for customers
- Advantages of the partnership include: effective prefabricated solutions, efficient wireless deployment, smart adaptable technology, and enhanced insights
Siemens and Enlighted, a leading property technology
company owned by Siemens, announce a strategic partnership with Zumtobel Group,
a global lighting solutions provider, to advance the adoption of smart building
technologies including intelligent IoT lighting, setting new standards for
efficiency and sustainability in building operations worldwide.
- Siemens highlights key opportunities to drive sustainable impact at scale and speed across multiple industries with new products and partnership agreements
- Showcase identifies the critical role of technology in enabling more sustainable infrastructure
- Display includes latest additions to Siemens Xcelerator, an open digital business platform to accelerate digital transformation and value creation
At Light + Building 2024, Siemens
Smart Infrastructure will shine a spotlight on the innovative products, software and services, as
well as the collaborations needed to drive true sustainability impact for
customers and societies.
- Innovative Veloce CS architecture unifies hardware emulation, enterprise prototyping and software prototyping to accelerate verification and validation cycles by 10x and helps to reduce total cost of ownership by up to 5x
- The Veloce CS software is reusable across all platforms, helping to eliminate new learning requirements and accelerating full system workload execution and debug times by 10x
- Innovative, modular and scalable interconnectable blade footprint eliminates fixed-size chassis, delivering hardware-assisted tools for all size designs – from small to very large
Siemens Digital Industries Software launched
today the Veloce™ CS hardware-assisted verification and validation system. In a
first for the EDA (Electronic Design Automation) industry, Veloce CS incorporates
hardware emulation, enterprise prototyping and software prototyping and is built
on two highly advanced integrated circuits (ICs) – Siemens’ new, purpose-built Crystal accelerator chip for
emulation and the AMD Versal™ Premium VP1902 FPGA adaptive SoC (System-on-a-chip)
for enterprise and software prototyping.
S&P
Global Ratings announced today that it has upgraded its long-term issuer rating
on Siemens AG to AA- from A+, the outlook remaining stable. According to
S&P Global Ratings, “Siemens AG continues to
successfully transform its industrial portfolio by focusing on high margin
businesses that have leading market positions and benefit from secular trends
like digitalization and decarbonization, while also divesting its lower margin
or more volatile businesses.”For the past
15 years, the rating agency has maintained an A+ rating for Siemens AG.“The upgrade
in our rating underlines once again Siemens AG’s financial strength. We
are pleased that S&P Global Ratings has given fitting recognition
to our outstanding cash performance and strong operating results. Our AA- rating
puts us well ahead of our peers and is a pleasant privilege”, said Ralf P. Thomas,
Chief Financial Officer of Siemens AG.
Todd Weatherby
(58) has been appointed as Chief Executive Officer Siemens Advanta, leading the
professional services and consultancy business as of March 1, 2024. Todd has
held leadership roles in product management, business development and sales
with several technology companies including Oracle, Microsoft and Amazon. He
launched Amazon Web Services ProServe and led its impressive growth for a
decade from 2012.
Cedrik Neike, CEO Siemens Digital Industries
and the Member of the Managing Board responsible for Siemens Advanta, said;
“Todd has deep expertise in the professional services space within the tech
sector. As an experienced leader, he will support the continued growth of
Siemens Advanta. We welcome him to Siemens and look forward to supporting him
as he works to help our customers leverage the power of technology.”
- Orders in Q1 2024 reached €22.3 billion (Q1 2023: €22.6 billion); an increase
of 2 percent on a comparable basis
- Revenue rose 6 percent on a comparable basis to €18.4 billion (Q1 2023:
€18.1 billion)
- Profit Industrial Business totaled €2.7 billion (Q1 2023: €2.7 billion); profit
margin Industrial Business increased to 15.8 percent (Q1 2023: 15.7
percent)
- Free cash flow at Group level rose sharply year-over-year to €1.0 billion
(Q1 2023: €0.1 billion)
- Net income climbed 56 percent to €2.5 billion (Q1 2023: €1.6 billion)
- Outlook for fiscal 2024 confirmed
- Virtual Annual Shareholders’ Meeting to vote on dividend proposal of €4.70
per share for fiscal 2023 (fiscal 2022: €4.25)
Siemens made a successful start to fiscal 2024 with a strong performance in the first quarter (ended December 31, 2023). At €2.7 billion, Profit Industrial Business increased at nearly all industrial businesses to reach a record high for the first quarter of a fiscal year. On this basis, Siemens confirms its outlook for the current fiscal year 2024. As announced in November 2023, the company is also initiating a new share buyback program in the near term with a volume of up to €6 billion over a period of up to five years.
- Progressive dividend policy with €0.45 increase over prior year
- High approval rates for all agenda items
At the Siemens AG Annual Shareholders’ Meeting that was held today, the shareholders decided by a large majority of 99.91 percent to approve
the Managing and Supervisory Boards’ proposal that a dividend of €4.70 per
share be distributed for fiscal 2023. As a result, Siemens has raised the
dividend €0.45 compared to the prior year and has continued to pursue its
progressive dividend policy in an impressive manner. In addition, the Annual
Shareholders’ Meeting voted by large majorities to ratify the acts of the
members of the Managing and Supervisory Boards for fiscal 2023. The number of
people following the Annual Shareholders’ Meeting worldwide peaked at more than 4,395. Around 147 questions were asked during
this year’s event, and about 64.38 percent
of the voting stock was represented.
- Siemens one of few companies out of 21,000 to secure a place in the CDP Climate Change A List
- CDP rating recognizes Siemens’ strong approach in the area of climate change
In recognition
of its environmental leadership and comprehensive disclosure in the area of
climate change, Siemens has been included by the CDP on its annual Climate
Change A List, the highest possible performance ranking. CDP is a leading organization
evaluating corporate action on climate strategies. The non-profit assessed more
than 21,000 companies on the basis of data reported in its 2023 climate change
questionnaire. Siemens is one of the few companies to have received an “A” rating.