- Together with customers and partners including Sony, AWS, Red Bull Racing, Unlimited Tomorrow, and Blendhub, Siemens highlights how technology is transforming the everyday
- Siemens partners with Sony to introduce new solution for immersive engineering that combines Sony head mounted display with Siemens Xcelerator software
- AWS and Siemens to make generative AI more accessible to application developers through combination of AWS Bedrock and Mendix Low-Code platform
- Siemens enhances Siemens Xcelerator open business platform with new capabilities to combine real and digital worlds and drive digital transformation across industries
Siemens
unveiled innovations that are combining the real world and the digital worlds
to redefine reality as it opened CES 2024, the world’s leading technology gathering.
Siemens announced new partnerships and breakthroughs in AI and immersive
engineering to enable the industrial metaverse, and highlighted how these
technologies are empowering the world’s innovators to thrive using its open
digital business platform, Siemens Xcelerator.
- Further 8 percent
stake transferred to Siemens Pension-Trust e. V.
- Transfer strengthens Siemens’
pension assets in Germany
- Move reduces Siemens’ investment in Siemens
Energy AG to 17.1 percent from 25.1 percent
- Prof. Dr. Ralf P. Thomas to resign
from the supervisory board of Siemens Energy AG
Today, on December 18, 2023, Siemens AG is transferring an 8 percent stake in Siemens Energy AG to Siemens Pension-Trust
e. V. As a result, Siemens AG’s stake in Siemens Energy AG is declining to
17.1 percent. With this move, Siemens is executing its previously announced
plans to further reduce its investment in Siemens Energy. By transferring the
shares to Siemens Pension‑Trust e.V., Siemens is strengthening
its pension assets in Germany.
- Zsolt Sluitner to hand over leadership
of the business as of March 1, 2024
- Jörg Vocke has been working at
Siemens for 20 years and has many years of experience in Siemens Real Estate’s business
- Current focus areas: Sustainable and
value-oriented growth as well as transformation of global office and production
locations
Effective
March 1, 2024, Jörg Vocke (55) will become the new CEO of Siemens Real
Estate (SRE), the real estate company of Siemens. In this role, he will report
directly to Ralf P. Thomas, Chief Financial Officer and member of the
Managing Board of Siemens AG. As a corporate real estate manager, SRE is
responsible for Siemens’ global real estate portfolio and continuously drives
the further development of this portfolio in a sustainable, socially
responsible and value-oriented manner. SRE also plays a key role in Siemens’ €2
billion global investment strategy for getting production locations fit for the
future.
- 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.
- 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.
- 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.
- Industry
analyst firm recognizes Siemens for clear strategy, broad portfolio and
successful commitment to industrial metaverse
- Siemens
manager Virginie Maillard elected to the Metaverse Standards Forum’s board of
directors
Siemens is
the leading international provider in the growing industrial metaverse market,
according to the latest PAC RADAR from PAC, the renowned market research
company specializing in business software, IT services and digital
transformation. This rating is based on three aspects: a clear strategy, an
existing portfolio and the progress Siemens is making in this area.
- Heliox expands Siemens eMobility’s offering for the growing eBus and eTruck charging market, and for depot and fleet solutions
- Accelerates value creation in Siemens’ fast-growing eMobility business
- Adds attractive digitalization and software potential
Siemens AG
has signed an agreement to acquire Heliox, a Netherlands-based technology
leader in fast charging solutions, serving e-Bus and e-Truck fleets and
passenger vehicles. The acquisition will complement Siemens’ existing eMobility
charging portfolio, adding products and solutions for DC fastcharging focused
on eBus and eTruck fleets. Heliox’s portfolio will also extend Siemens’ market reach,
primarily in Europe and North America, while improving capabilities in power electronics.
The transaction is subject to customary regulatory approval.
- Orders rose 15 percent on a comparable basis to €24.2 billion and again reached a very high level (Q3 2022: €22.0 billion)
- Revenue grew 10 percent on a comparable basis to €18.9 billion (Q3 2022: €17.9 billion)
- Profit Industrial Business totaled €2.8 billion (Q3 2022: €2.9 billion) with a strong increase at Smart Infrastructure and Digital Industries
- Net income was €1.4 billion (Q3 2022: a net loss of €1.5 billion)
- Free cash flow all-in at group level was an outstanding €3.0 billion, a 29 percent increase (Q3 2022: €2.3 billion)
- Outlook on group level confirmed for fiscal 2023 for revenue growth and EPS pre PPA, excluding the Siemens Energy Investment
Siemens continued
its profitable growth trajectory in Q3 2023 (ended June 30, 2023),
with all industrial businesses achieving strong revenue growth. Order momentum
in the company’s major projects and systems business was also strong. The
book-to-bill ratio was an excellent 1.28, while the order backlog of €110 billion
was again at a record high level. Siemens confirms its outlook on group level
for fiscal 2023 and continues to expect revenue growth of 9 percent to 11 percent
and basic earnings per share before purchase price allocation accounting (EPS
pre PPA) of €9.60 to €9.90, excluding the Siemens Energy Investment.