- 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
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.
- Siemens intends to acquire 18% in
Siemens Ltd. India for a purchase price of 2.1 billion euro
- Siemens and Siemens Energy will
jointly propose to the Board of Directors of Siemens Ltd. India to separate the
energy business by way of a demerger
- Simplification of corporate setup in
one of the fastest growing and strategically important markets
- Siemens has agreed with Siemens
Energy indirect financial measures totaling one billion euro to allow third
parties to arrange guarantees for Siemens Energy
Siemens AG has taken measures to support the stability
of Siemens Energy AG and accelerate separation in India – in the best possible
interests of all parties. Specifically, Siemens intends to enter into a share
purchase agreement with Siemens Energy to acquire an 18% stake in Siemens Ltd.
India from Siemens Energy for a purchase price of 2.1 billion euro in cash.
This would increase Siemens’ stake in the publicly listed Siemens Ltd. India from
51% to 69%, while Siemens Energy’s stake would decrease from 24% to 6%. With
the intended acquisition, Siemens and Siemens Energy accelerate unbundling the
business activities of the Indian subsidiary of Siemens. The
purchase price reflects a customary discount of 15% on the 5-trading-days volume-weighted
average price before the day of signing. Siemens will provide no new guarantees to Siemens Energy.
- Siemens and Schaeffler integrate generative AI-powered assistant in a production machine – world premiere at SPS trade show
- Industrial Copilot will optimize engineering and support operations – and it’s easy, fast and efficient
- Industrial Copilot is key to addressing the qualified workforce shortage
Technology company Siemens
is harnessing the power of generative artificial intelligence (AI) to help
industrial companies drive innovation and efficiency across the design,
engineering, manufacturing and operational lifecycle of products. At the Smart
Production Solutions (SPS) trade show in Nuremberg, Siemens and the motion
technology company Schaeffler are showcasing a production machine that is augmented
with the Industrial Copilot for the first time. The two companies are demonstrating
how the Industrial Copilot can augment Siemens’ industrial automation
engineering and operation solutions.
- Total U.S. investments to support high-growth
markets like data centers, batteries, semiconductors, EV charging and rail transportation
US$150 million investment in Dallas-Fort Worth production of critical electrical infrastructure
equipment to help power U.S. data centers and accelerate adoption of
artificial intelligence (AI)
- Already announced: US$220 million rail
manufacturing plant to bolster U.S. infrastructure and mobility
- All investments to create a total of around 1,700
jobs in the U.S.
- Part of €2 billion global investment strategy to boost growth, innovation and
Today, Siemens announced an
investment of US$150 million in a new high-tech manufacturing plant in
Dallas-Fort Worth to help power American data centers and critical
infrastructure. This plant will produce state-of-the-art reliable and efficient
electrical equipment. It will enable accelerated growth of U.S. data centers, which
is being driven by the exponential adoption of generative AI. It will also ensure
secure operation of critical infrastructure. This investment specifically
supports long-term customers in the data center space, where demand is expected
to grow by around ten percent annually through 2030.
- Companies introduce Siemens
Industrial Copilot, a generative AI-powered assistant, designed to enhance
human-machine collaboration and boost productivity.
- Companies will work together to
build additional copilots for manufacturing, infrastructure, transportation,
and healthcare industries.
- Leading automotive supplier,
Schaeffler AG, is an early adopter of Siemens Industrial Copilot.
- In addition, the Siemens Teamcenter
app for Microsoft Teams will be generally available in December 2023 and
accelerate innovation across the product lifecycle.
Microsoft and Siemens are deepening their partnership by bringing the
benefits of generative AI to industries worldwide. As a first step, the
companies are introducing Siemens Industrial Copilot, an AI-powered jointly
developed assistant aimed at improving human-machine collaboration in
manufacturing. In addition, the launch of the integration between Siemens
Teamcenter software for product lifecycle management and Microsoft Teams will
further pave the way to enabling the industrial metaverse. It will simplify
virtual collaboration of design engineers, frontline workers, and other teams
across business functions.
- Opportunities from European Unitary Patent,
above all, in digital technologies
- Offerings on Siemens Xcelerator platform
can be protected much more effectively with European Unitary Patent
at the forefront of unitary patent applications. The European Unitary Patent – together
with the associated Unified Patent Court (UPC) – started in June 2023.
Since then, the European Patent Office has received more than 12,000
applications for the new European Unitary Patent – most of these applications
came from Siemens.
- Joint commitment to reduce
software’s environmental footprint
- Siemens recognizes
importance of software in order to advance sustainability and aims to invest in
sustainability networks like Green Software Foundation
- Green Software Foundation
focuses on developing energy-efficient systems and infrastructure and aims for
green software to become new standard for the future
Siemens is proud to join the Green Software
Foundation (GSF) as a new member of its steering committee to help guide the
Foundation’s strategic direction. Siemens’ steadfast commitment to resource
efficiency and sustainability aligns with the GSF’s mission to build the tools,
knowledge and best practices necessary for reducing software’s environmental
- Industry-defining digital twin for machine tool processing available in an end-to-end offering on the Siemens Xcelerator Marketplace
- Virtual machine and virtual CNC simulate milling of virtual part
- Efficiency gains include up to 40 percent faster ramp-up time
- Siemens and DMG MORI partnership underscores power of ecosystems
- Milestone marks another step toward industrial metaverse
Siemens AG and DMG MORI, global leaders in
automation and precision machine tools, are offering an industry-defining
digital twin for machine tool processing on the Siemens Xcelerator Marketplace.
Based on the Digital Native CNC (Computerized Numerical Control) Sinumerik One, this
offering encompasses a digital twin of the control system, the machine tool and
the workpiece, enabling breakthrough improvements in sustainability,
flexibility and time-to-market. CNC SINUMERIK ONE is the leading-edge control
system responsible for machining with machine tools.
- Humanitarian assistance for those impacted by the Morroco earthquake and Liby flooding
- Companies will match every euro donatd by their people
- Siemens Caring Hands e.V. supports relief organizations on the ground
and Siemens Healthineers have each provided €500,000 in immediate assistance to
mitigate the suffering of earthquake and flood victims in Morrocco and Libya
and to support rescue efforts. In addition, both companies have called on the
people they employ to make donations. Every euro contributed as part of this
donation drive will be matched.