- Leading industrial and operational technology company joins forces
with comprehensive cloud services provider to make Siemens’ Xcelerator
portfolio more accessible, scalable, and flexible
- Companies partner to simplify product and production complexity
through technology collaborations and new offerings
Siemens Digital Industries Software and
Amazon Web Services, Inc. (AWS) today announced an expansion of their collaboration,
which combines Siemens’ deep industry expertise with cloud services from AWS to
help industrial companies accelerate digital transformation in the cloud. Together,
AWS and Siemens plan to drive adoption of Siemens’Xcelerator
as a Serviceand make Siemens’Xcelerator portfolioof integrated software, services, and application development platform more
accessible, scalable, and flexible. Xcelerator as a Service acts as a catalyst
for fast and predictable digital transformation—including by gaining new
manufacturing insights, automating processes, and deploying connected
services—and offers customizable solutions for any starting point on the digital
journey.
- Orders of €20.5 billion (Q3 2020: €13.9 billion) reflect strong customer orientation and global economic recovery
- Revenue increased substantially to €16.1 billion (Q3 2020: €13.0 billion)
- Adjusted EBITA Industrial Businesses climbed 29 percent to €2.3 billion
- At 15.3 percent, Adjusted EBITA margin increased again (Q3 2020: 14.3 percent)
- At €1.5 billion, net income nearly tripled (Q3 2020: €535 million)
- Free cash flow of €2.3 billion (Q3 2020: €2.5 billion) again excellent
- Guidance for 2021 raised again – Net income of €6.1 billion to €6.4 billion expected (previous guidance: €5.7 billion to €6.2 billion), including effects in connection with the acquisition of Varian Medical Systems, Inc.
Siemens continued its accelerated high-value growth trajectory across all businesses and regions also in the third quarter. Despite the ongoing COVID-19 pandemic and negative currency translation effects, Q3 was characterized by outstanding market successes companywide and positive momentum provided by the global economic recovery. Ongoing supply chain challenges associated primarily with electronics components, raw materials and rising raw materials prices were successfully mastered. Compared to Q3 2020, which was noticeably affected by the pandemic, Siemens achieved considerable double-digit growth in orders and revenue and nearly tripled net income. Due to its strong performance in the first nine months, Siemens is again raising its guidance for fiscal 2021 and now expects companywide revenue growth of 11 percent to 12 percent (previous guidance: 9 percent to 11 percent) on a comparable basis – that is, excluding currency translation and portfolio effects – and net income of between €6.1 billion and €6.4 billion (previous guidance: €5.7 billion to €6.2 billion).
- 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
Siemens is
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.
- Orders rose 22 percent on a comparable basis to €21.0 billion (Q2 2021: €15.9 billion), with high growth rates at all industrial businesses
- At €17.0 billion, revenue increased 7 percent on a comparable basis (Q2 2021: €14.7 billion)
- Profit Industrial Business was €1.8 billion (Q2 2021: €2.0 billion) – due to impacts totaling €0.6 billion, mainly at Mobility, subsequent to sanctions imposed on Russia
- Net income was €1.2 billion (Q2 2021: €2.4 billion)
- Free cash flow for the Siemens Group increased to €1.3 billion and was thus even stronger than in the prior-year quarter (Q2 2021: €1.2 billion)
- Orderly wind down of industrial business activities initiated in order to exit the Russian market
Siemens continued
its growth path as a focused technology company also in Q2 (ended March 31,
2022). In Q2, the company leveraged increased growth opportunities in many key markets
despite a continuing complex macroeconomic environment and confirms its outlook
for the Siemens Group for the current fiscal year 2022. The impact on
profit in Q2 subsequent to sanctions imposed on Russia totaled €0.6 billion due
to impairments and other charges, mainly at Mobility. Siemens also initiated an orderly
wind down of its industrial business activities in order to exit the Russian
market.
- Digital Industries and Smart Infrastructure delivered sharply higher earnings compared to prior-year quarter
- Significant growth in China
- Detailed business figures for first quarter of fiscal 2021 to follow on February 3, 2021
Following a significantly better-than-expected business
performance, the preliminary operating results for Siemens’ businesses for the first quarter of
fiscal 2021 have exceeded market expectations. Driven by a strong improvement
in the automation business and software business of Digital Industries and
higher-than-expected growth in China, the operating results were substantially
higher year-over-year (yoy).
- Siemens and UL Solutions demonstrate a transformative shift from relying
solely on physical tests to reliable integrating digital simulations.
- Reduced costs, accelerated time-to-market and seamless integration of
digital modeling tools will redefine the future of verification.
- Siemens’ digital twin technology breaks through traditional testing
boundaries, serving as a testament to the industrial metaverse’s potential
for reshaping product development possibilities.
For the first time ever, an industrial product has been certified for the United States
after parts of the required tests were conducted through digital simulation. That
simulation was verified and validated with physical testing. This remarkable
achievement is a global first in a national safety-certification process. To make this
advance possible, Siemens collaborated with UL Solutions, an esteemed global
leader in applied safety science. The result is a testimony to the remarkable
accuracy and reliability of modern digital twin simulations. It marks a step forward
into a future in which digital twins and the industrial metaverse streamlines product
development, enhances innovation, safety and accelerates time-to-market.
- 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.
- Siemens to acquire Supplyframe, a leading and fast-growing
marketplace for the global electronics value chain
- Combining Supplyframe’s knowhow with Siemens’ leading software
enables customers to innovate and develop products faster
- Supplyframe to be the nucleus of Siemens’ digital marketplace
strategy
- Closing of transaction expected in fourth quarter of fiscal year
2021
Siemens has signed an agreement to acquire
Supplyframe, a leading Design-to-Source platform for the global electronics
value chain, for USD 0.7 billion. The transaction unlocks significant value for
customers of Supplyframe and Siemens, providing seamless and quick access to
both Siemens’ offerings and Supplyframe’s marketplace intelligence. This will
help customers to reduce costs, increase agility and make highly informed
decisions. The acquisition also strengthens the Siemens portfolio through
Software as a Service (SaaS) – not only in the field of Electronic Design
Automation (EDA) and Printed Circuit Boards (PCB), but also scaling into other
domains and technology fields.
- This year's trade fair slogan: "Digital Enterprise – Thinking industry further!"
- Setting course for the factory and process automation of the future
- Integrated energy solutions for digital enterprises
Siemens will be placing smart solutions for the industry-specific implementation of Industrie 4.0 at the heart of its Hannover Messe 2019 presentation under the banner "Digital Enterprise – Thinking industry further!". Over an exhibition space of around 4,000 square meters in Hall 9, Siemens will be showcasing these solutions with an array of new additions to its Digital Enterprise offering designed to enable the digital transformation of the discrete and process industries. By integrating future technologies into its portfolio, Siemens is offering users new and far more extensive scope for leveraging the exponential growth in industrial data. Its offering ranges from the use of artificial intelligence and edge computing through to the factory and process automation of the future. Siemens will also be showcasing integrated energy solutions for network operators and digital enterprises. This comprehensive portfolio allows industrial enterprises of all sizes and sectors to achieve the improved flexibility and productivity they need to address the growing challenges posed by mass customization.