- Several records in Q2 2023, including impressive margin increases and all-time highs in profit for Digital Industries and Smart Infrastructure, as well as another record order backlog
- At €23.6 billion, orders reached a very high level (Q2 2022: €21.0 billion)
- Revenue rose 15 percent on a comparable basis to €19.4 billion(Q2 2022: €17.0 billion)
- Profit Industrial Business surged 47 percent to €2.6 billion (Q2 2022: €1.8 billion)
- Net income nearly tripled to €3.6 billion (Q2 2022: €1.2 billion)
- Excellent free cash flow all-in at Group level totaled €2.3 billion (Q2 2022: €1.3 billion)
- Outlook for revenue growth and earnings per share pre PPA effects raised again
Siemens continued
its strong growth momentum also in Q2 2023 (ended March 31, 2023). The
quarter was characterized by very strong order intake, outstanding revenue
growth driven by substantial increases at Digital Industries, Smart
Infrastructure and Mobility, and higher Profit Industrial Business, including
sharp increases at Smart Infrastructure and Digital Industries, which both
achieved their highest-ever quarterly profit. Following the strong first half of fiscal 2023, Siemens
is again raising its outlook for the fiscal year.
- Together for Sustainability – an initiative of 47 chemical companies – chooses Siemens’ “Sigreen” solution for digital exchange of Product Carbon Footprint (PCF) data
- Pilot project aims to demonstrate the scalability of PCF data exchange across an entire industry
- Chemical industry is a pioneer in product-related environmental data
Together for Sustainability (TfS) and Siemens are announcing a partnership on decarbonization to advance the overall sustainability of the chemical industry. TfS is a global initiative to promote sustainability in the chemical industry’s supply chain, consisting of 47 international companies, including some of the largest chemical groups. Siemens, a leading technology company and supplier of automation and industrial software, will leverage the power of its Sigreen solution, a tool to track and manage product carbon footprint (PCF) and part of the Siemens Xcelerator portfolio.
- Bustanica, the Dubai-based vertical farming company, requires 95% less water than a conventional plot, and yields more than 1 million kg of produce free of pesticides, herbicides and chemicals
- Siemens provided building systems and automation hardware and software from its Digital Industries and Smart Infrastructure portfolios
- Building systems, automation software and hardware are part of Siemens Xcelerator
Siemens provided automation and building technology
to the recently opened Bustanica vertical farm in Dubai, the world’s largest of
its kind. The $40 million facility is owned by Emirates Crop One, a joint venture
between Emirates Flight Catering, one of the world’s largest catering
operations serving more than 100 airlines, and Crop One Holdings Inc., an
industry leader in technology-driven indoor vertical farming.
- New seven-year energy performance contract extension signed between Siemens and Australia’s Melbourne Cricket Club (MCC)
- Technology and services from Siemens Xcelerator enabled the iconic Melbourne Cricket Ground to achieve north of A$5m savings in energy costs over seven years
- Greenhouse gas emissions reduced by 50,089 tons over same period (equivalent to taking around 10,000 cars off the road)
Australia’s
home of sport, the iconic Melbourne Cricket Ground (MCG) has, over a seven-year
period, achieved higher than expected energy, cost and emissions savings under an
energy performance contract (EPC) between Siemens and the Melbourne Cricket
Club (MCC).
- ETH Zurich runs unique research project on automation and energy supply for buildings in different climate zones
- Project includes one-of-a-kind artificial sun
- Siemens supplies digital building technologies, part of Siemens Xcelerator, for lab
ETH Zurich,
one of the world’s most renowned universities, has just opened a unique
research facility: the Zero Carbon Building Systems (ZCBS) Lab. It allows research
into the behavior of building components and systems in different climate
zones. The new building, located on the university campus in Zurich, comprises
two floors with different test cells, climate chambers, and experimentation
rooms. As part of its existing industrial partnership with ETH Zurich, Siemens
has equipped the new research facility with state-of-the-art digital building technologies,
including for building operations and management. The technologies are part of
the Siemens Xcelerator portfolio.
- Siemens Arts Program engaging for first time in Alexandria, Egypt, with a production of Mozart’s opera “Don Giovanni”
- German-Egyptian education project set to provide fresh momentum for opera tradition in Alexandria
- Don Giovanni premiering at Bibliotheca Alexandrina on May 18, 2023
Siemens
intends to further expand its cultural commitment in Egypt and is supporting an
exceptional opera production in Alexandria for the first time. Together with
the German cultural institution Goethe-Institut, the Egyptian conductor Nayer Nagui
and the Bibliotheca Alexandrina library, the Siemens Arts Program is making the
Egyptian premiere of Mozart’s “Don Giovanni” possible. The performance will
take place at the Bibliotheca Alexandrina at 7 p.m.
on Thursday, May 18, 2023.
- Samotics joins Siemens Xcelerator partner ecosystem with its leading monitoring system for AC motors and rotating equipment based on electrical signature analysis (ESA) technology
- ESA technology has been integrated into NXpower Monitor, delivering asset health and energy efficiency insights for electric-driven equipment
- ESA will extend NXpower Monitor’s capabilities to deliver an end-to-end asset monitoring offering for the entire energy distribution system
Siemens Smart
Infrastructure has integrated electrical signature analysis (ESA) from Samotics
into NXpower Monitor, its industry-leading digital caretaker for electrical
networks. Using ESA and machine learning, Samotics provides real-time
actionable insights to help global industrial companies eliminate industrial
energy waste and unplanned downtime. This new capability leverages the
ecosystem of Siemens Xcelerator, an open digital business platform that enables
customers to accelerate their digital transformation easier, faster, and at
scale.
- World premiere of “Industrial Operations X” for highly flexible industrial processes; plus new use cases with “Building X” – a scalable digital platform for buildings
- Offerings part of Siemens Xcelerator – an open, digital business platform
- German Chancellor Olaf Scholz to visit Siemens’ booth, D53 in Hall 9
Strained
supply chains, geopolitical uncertainties, skilled-labor shortages and climate
change are increasing the pressure to digitalize and automate value chains –
always with the aim of becoming faster, more adaptable and more resilient. For
this reason, Siemens will use “Accelerate Transformation” as its motto for
Hannover Messe 2023, where it will be showcasing how new offerings from its open,
digital business platform, Siemens Xcelerator, enable customers’ digital
transformation in industry and infrastructure faster and at scale. Using the
concrete example of an industrial plant for battery production, Siemens will
show how to rapidly transform production facilities to enable manufacturing
operations that are digital from end to end. In addition, the Siemens Digital
Experience Platform enables virtual visits to the Siemens booth – which, at a
total of 2,800 square meters, is Hannover Messe’s largest.
- 8DAB 40 switchgear expands the blue GIS portfolio for primary distribution networks enabling sustainable grid expansion ahead of regulations
- Utilizes climate friendly Clean Air insulating medium consisting of natural-origin gases with GWP <1, F-gas and PFAS free
- Software from Siemens Xcelerator platform and integrated sensors enable asset transparency and condition monitoring
Siemens Smart
Infrastructure has cemented its position as a technology leader by expanding
its sustainable blue GIS portfolio with the 8DAB 40. This switchgear for
primary distribution networks up to 40,5 kV uses “Clean Air” as insulating
medium with GWP <1, making it climate friendly and completely free of
fluorinated gases. The 8DAB 40 is to be showcased at the upcoming
Hannover Messe, taking place from April 17th to 21st. Free tickets are available to be part of the Siemens
experience. Siemens Xcelerator is an
open digital business platform that enables customers to accelerate their
digital transformation easier, faster, and at scale.