- Launch of Simulytic, a Siemens venture, accelerates the move to safe, autonomous mobility
- World premiere of Siemens Autonomous Charging System
- Partnership with Verein Sozialhelden e.V.: Siemens committed to easing use of charging infrastructure by the disabled
- Siemens is official charging infrastructure partner for the Blue Lane Road at IAA Mobility 2021
- #MoveToTransform campaign in Munich embodies the spirit of the IAA Mobility and shows the faces behind mobility’s transformation
For Siemens,
it’s a home game of a special kind: taking as its motto #MoveToTransform, the
company is exhibiting at the IAA Mobility 2021, which is being held for the
first time in Munich, Bavaria’s capital and Siemens’ hometown. As a focused
technology company, Siemens is presenting a holistic look at mobility for today
and for the future. The focus is on how the real and digital worlds are combined
in technical products and digital solutions to make industry, infrastructure
and transportation more intelligent, efficient and sustainable.
- With key leadership decisions, Supervisory
Board demonstrates confidence in the strategy and trajectory of Siemens AG as a
leading technology company
- Announcement of five-year contract
extension for Roland Busch (59) as President and CEO, from April 1, 2025
- Intention confirmed to extend appointment
of Cedrik Neike (51), member of the Managing Board and CEO of Digital
Industries, for a further five years from June 1, 2025
The Supervisory Board of Siemens AG confirmed a five-year contract extension for President and Chief Executive
Officer Roland Busch from April 1, 2025. The move is a mark of support for the
strategy of Siemens as a leading technology company, with the current Managing
Board driving three years of record financial performance and the further
strategic development of the company.
- 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.
- More than €100 million investment for new Siemens Technology Center in
Garching strengthens cutting-edge research and bolsters Germany’sinnovation strength
- Open research and innovation ecosystem fosters collaboration with the
Technical University of Munich (TUM), international research institutes and
leading companies
- Building complex meets the highest sustainability standards
- Focus on industrial artificial intelligence research supports Siemens’
leading position
Today, Siemens has opened the first building complex of the Siemens Technology
Center (STC) at Garching Research Campus, north of Munich, Germany. In addition
to Siemens, other institutions next to the Technical University of Munich (TUM),
such as the Max Planck Institute and SAP, are located there, with around 28,000
people working at this hub. As a result, the Garching Research Campus is one of
the largest centers for science, research and teaching in all of Europe.
- Total U.S. investments to support high-growth
markets like data centers, batteries, semiconductors, EV charging and rail transportation
- New
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
resilience
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.
- Siemens further sharpens its
portfolio as a focused technology company
- Purchase price of €1.15 billion,
closing expected in current calendar year
- Sale to international technology
group Körber agreed
- Mail and parcel business ideal
expansion of Körber’s portfolio, supplementing its existing Business Area Supply
Chain
- Airport logistics business to remain
part of Siemens’ Portfolio Companies
Siemens has reached
an agreement to sell the mail and parcel business of Siemens Logistics GmbH to
the Körber Group. With this transaction, approved by the Managing and
Supervisory Boards of Siemens AG, Siemens is further implementing the rigorous
sharpening of its portfolio as a focused technology company. The purchase price
totals €1.15 billion (enterprise value). Closing is expected in the course of
the current calendar year, subject to regulatory approvals. Körber is a
world-leading technology company whose Business Area Supply Chain has grown
successfully in recent years, making the company a long-term, strategic new
owner for the mail and parcel business.
- Siemens Global Business Services’ expertise in business processes to be
combined with the Celonis Execution Management System
- Optimization of key business processes in multiple areas such as procurement,
sales, accounting and HR in operations of customers
- Focus on digitalization and operational process automation – enhanced by artificial
intelligence
Siemens Global Business Services (GBS), the provider of business processes and services within Siemens AG, and Celonis, the market leader in Execution Management Systems (EMS), have today signed a letter of intent to enter a strategic partnership. Through this collaboration, the partners aim to help customers by enabling them to optimize their internal processes even faster across all parts of their companies. By combining the best solutions from their two worlds, Siemens GBS and Celonis aim to accelerate growth for the customers.
- Siemens to bundle qualification programs for technical training and continuing education in new, Germany-wide SiTecSkills Academy
- Certified continuing education offerings to strengthen employability in digital transformation
- Academy to advise Siemens’ units and partners on concrete, demand-oriented qualification measures
- SiTecSkills Academy to also be open for external partners
Siemens is launching an academy for continuing education that will focus on technical up- and reskilling. At 19 regional training centers across Germany, the SiTecSkills Academy will make a comprehensive, certified portfolio of qualification measures available in new areas of digitalization and sustainability. This initiative aims to enhance employee skillsets to meet the requirements of the digital transformation within the work environment. The Academy primarily aims to provide training to employees in manufacturing, service, sales, finance, controlling and business support functions. In doing so, the SiTecSkills Academy supplements the portfolio offered by the Siemens Professional Education training unit by providing targeted occupational and technical learning opportunities. Thus, the Academy seamlessly fits into Siemens’ existing continuing education offerings. The new aspect is that this offering is available to both internal and external partners within the learning ecosystem.
- Atlantia S.p.A. finalizes the
acquisition of Yunex Traffic from Siemens Mobility for €950 million
Siemens Mobility has successfully
completed the sale of Yunex Traffic to Atlantia S.p.A. for €950 million. In
January 2022, Siemens had announced the contract signing to sell the Intelligent Road Infrastructure and Traffic Solutions
Business to Atlantia S.p.A. Following the required
approvals by the relevant authorities, the transaction has closed as of
June 30, 2022.