- Carbon dioxide emissions lowered from 2.2 million to 1.7 million tons
- Siemens expects savings of €20 million a year
- Siemens solutions have enabled customers to reduce their carbon dioxide emissions by 521 million tons
One year after the launch of its decarbonization program, Siemens is already making significant advances in reducing its carbon footprint. The company was able to cut its CO2 emissions from 2.2 million tons in fiscal 2014 to 1.7 million tons in fiscal 2016. A major portion of the carbon dioxide savings – 200,000 tons – were achieved at locations in Germany. With the aid of Siemens solutions, the company's customers worldwide succeeded in reducing their CO2 emissions by 521 million tons in fiscal 2016. This amount is equivalent to more than 60 percent of Germany's annual carbon dioxide emissions.
Werner von Siemens, born on December 13, 1816, would have turned 200 years old this year. On November 29, Siemens was marking the anniversary of its company founder's birth by holding a gala event in the Mosaikhalle (Mosaic Hall) at its headquarters in Berlin. In addition to German Chancellor Angela Merkel, more than 100 prominent guests representing government, business, science, culture and the media were present. Joe Kaeser, President and CEO of Siemens AG, opened the ceremony. Nathalie von Siemens, a great-great-granddaughter of Werner von Siemens, Managing Director and spokesperson of the Board of Siemens Stiftung and a member of the Supervisory Board of Siemens AG, as well as Gerhard Cromme, Chairman of the company's Supervisory Board, will also gave speeches in honor of the company founder.
Together with Georg Halske, he established Telegraphen-Bauanstalt von Siemens & Halske, a company of international standing already within his lifetime. With inventions like the electric pointer telegraph, the electric generator and the world's first electric streetcar system, Werner von Siemens had a major influence on the technological development of today's world. His passion for engineering excellence and his relentless drive to create trailblazing innovations still shape the enterprise he founded. With around 351,000 employees in over 200 countries worldwide, Siemens AG is now a leading supplier in the growth fields of electrification, automation and digitalization.
- Cedrik Neike and Michael Sen appointed to Managing Board of Siemens AG
- Roland Busch to head research and development as CTO and Corporate Development (CD)
- Lisa Davis to head the U.S. business in addition to her current Managing Board duties
Siemens AG has appointed Cedrik Neike and Michael Sen to its Managing Board. The company is also reorganizing responsibilities within the board. These steps will rejuvenate the Siemens Managing Board and lay the basis for accelerating the implementation of Vision 2020.
- German Chancellor Merkel to attend ceremony in Berlin on November 29
- About 100 guests from government, business, science, culture and media
Werner von Siemens, born on December 13, 1816, would have turned 200 years old this year. On November 29, Siemens is marking the anniversary of its company founder's birth by holding a gala event in the Mosaikhalle (Mosaic Hall) at its headquarters in Berlin. In addition to German Chancellor Angela Merkel, more than 100 prominent guests representing government, business, science, culture and the media are expected. Joe Kaeser, President and CEO of Siemens AG, will open the ceremony. Nathalie von Siemens, a great-great-granddaughter of Werner von Siemens, Managing Director and spokesperson of the Board of Siemens Stiftung and a member of the Supervisory Board of Siemens AG, as well as Gerhard Cromme, Chairman of the company's Supervisory Board, will also give speeches in honor of the company founder.
With the recent closing of its acquisition of electronic design automation (EDA) software leader, Mentor Graphics Corporation, Siemens sets out to underscore the significant customer value it envisions for both Electronic Systems and Integrated Circuit (IC) design tools. Mentor is now part of Siemens' product lifecycle management (PLM) software business, making the combined organization the world's leading supplier of industrial software used for product design, simulation, verification, testing and manufacturing.
We released our fourth quarter results and preliminary figures for fiscal year 2016 on November 10, 2016. The Press Conference and the Analyst Call were broadcast live.
- Public listing planned
- Leading position to be expanded
Siemens intends to further develop its healthcare business, Siemens Healthineers, and give it even greater flexibility in implementing its growth plans. To this end, the company is planning to publicly list its healthcare business.
- Orders and revenue both 5% higher compared to fiscal 2015, at €86.5 billion and €79.6 billion, respectively, for a book-to-bill ratio of 1.09; excluding currency translation effects, orders and revenue both up 6%
- Industrial Business profit up 13%, at €8.7 billion; strong increases in Power and Gas, Energy Management, and Wind Power and Renewables and growth in other Divisions and Healthineers, more than offsetting a substantial decline in Process Industries and Drives
- Industrial Business profit margin reached 10.8%, with all industrial businesses except Process Industries and Drives within their target ranges
- Net income of €5.6 billion reflects the strong operating performance; fiscal 2015 net income of €7.4 billion included €3.0 billion related to divestments of the hearing aid business and Siemens' stake in BSH Bosch und Siemens Hausgeräte GmbH (BSH)
- Basic earnings per share (EPS) of €6.74, above the raised target range announced in the third quarter; basic EPS of €8.84 a year earlier included €3.66 related to the sale of the hearing aid business and the BSH stake
- Siemens proposes a dividend of €3.60 per share
"The fiscal year just ended was one of the strongest in the history of our company. Setting aside portfolio divestments, it was actually the best. We worked hard and I am proud of what our global team has achieved. In fiscal 2017 we will continue working with full concentration on the execution of Vision 2020."
- Ananth joins Siemens from Hewlett Packard Enterprise in Silicon Valley
- Many years of experience in the venture capital industry
Lakshmikanth "Lak" Ananth (43) has been appointed to head Siemens' new next47 startup unit, effective November 15, 2016. An India-born U.S. citizen, Ananth joins Siemens from Hewlett Packard Pathfinder, the venture capital program at Hewlett Packard Enterprise (HPE), where he spent the past two years building HPE's investment and partnership program. He was previously responsible, among other things, for business strategy and corporate development at HPE and for the acquisition of early-stage technology companies. Ananth has also worked in the venture capital and corporate development at Cisco.
The Velaro D is the fourth generation of high-speed trains that Siemens has developed on the basis of the Velaro platform. Deutsche Bahn AG (DB) classifies the train as the new Series 407 ICE 3 (predecessors: Series 403 and Series 406 ICE 3). In December 2013, Germany's Federal Railway Authority (EBA) approved the trains' operation – also in multiple-unit or so-called double-traction mode – on the Deutsche Bahn rail network. Passenger operation started on December 21, 2013.
Authorization for operation in single-traction mode in France was granted in April 2015. Since June 2015 the trains have been travelling to Paris in regular passenger operation. In addition to Germany and France, the Velaro D is also intended for cross-border operation in Belgium.
Since 2007, trains based on the Velaro platform have operated with high reliability for more than one billion kilometers in China, Russia, Spain and Turkey – equal to roughly 25,000 times around the globe.