- Strong and profitable growth companywide
- Adjusted EBITA margin rose to 15.1 percent (Q2 2020: 12.1 percent), Adjusted EBITA Industrial Businesses soared 31 percent to €2.1 billion
- Revenue increased sharply to €14.7 billion (Q2 2020: €13.8 billion), with orders strong at €15.9 billion (Q2 2020: €14.7 billion)
- Net income more than tripled to €2.4 billion (Q2 2020: €697 million)
- Successful portfolio management: one-time gain of about €0.9 billion on sale of Flender GmbH
- Excellent free cash flow of €1.2 billion (Q2 2020: €134 million)
- Guidance for 2021 raised again – expected net income of €5.7 billion to €6.2 billion, excluding effects in connection with the acquisition of Varian Medical Systems Inc.
With an excellent second quarter, Siemens AG followed on seamlessly from its successful start to the fiscal year. Despite a persistently challenging macroeconomic environment, influenced among other things by the COVID-19 pandemic, and negative currency translation effects, development across all company business areas continued to be positive. In line with these results, Siemens is again raising its guidance for fiscal 2021 and now expects companywide revenue growth of 9 percent to 11 percent on a comparable basis (previous forecast: mid- to high-single-digit growth) and net income of between €5.7 billion and €6.2 billion (previous forecast: €5.0 billion to €5.5 billion).
- Dr. Dirk Didascalou to become new Chief Technology Officer of Siemens Digital Industries, effective September 1, 2021
- Dr. Didascalou joins Siemens AG from Amazon Web Services and has a strong track record in areas such as R&D, IoT, cloud and mobile computing
Effective September 1, 2021, Dr. Dirk
Didascalou will become Chief Technology Officer (CTO) of Siemens Digital
Industries (DI).
- #HeartBeatFinal: For the last FC
Bayern Munich game of the 2020/21 season, we’re asking fans to measure their
heart rate during the match
- #WeKickCorona: Every measured
heartbeat will support social services
- #FCBayernPulse: This data project
from Siemens and FC Bayern Munich calculates match intensity based on heart
rates and various match data
The #HeartBeatFinal
Bundesliga match between FC Bayern Munich and FC Augsburg on May 22, 2021 is all
about a good cause – and about the heartbeat of Bayern fans. They will be measuring
their heart rates during the game for #FCBayernPulse, a joint data project from
Siemens and FC Bayern Munich. Siemens will donate
1 euro cent per measured
heartbeat to #WeKickCorona: The initiative was founded by Bayern professionals
Joshua Kimmich and Leon Goretzka to help social institutions that are in
financial difficulties due to the Corona pandemic.
- Kraus to succeed Martina Maier, who is leaving the company at her
own request
Effective May 1, Annette Kraus (45) will be
the new Chief Compliance Officer at Siemens AG and will head the company’s
global Compliance Organization. She succeeds Martina Maier (54), who is leaving
the company at her own request for personal reasons.
Clarissa Haller, Head of Global Communications at Siemens AG, is leaving the company by mutual agreement.
- Dr. Xiao Song appointed Chairman,
President and CEO Siemens Ltd., China, and President and CEO Siemens Greater China,
effective May 1, 2021
- Lothar Herrmann to end his tenure at Siemens
China on April 30, 2021, and return to Germany
Effective May 1, 2021, Dr. Xiao Song has
been appointed the new Chairman, President and CEO of Siemens China,
succeeding Lothar Herrmann, whose delegation is ending after more than seven
years at the company’s helm. As CEO, Dr. Xiao Song will assume all his predecessor’s responsibilities.
- Siemens Caring Hands makes tablets available to all local THW
sections through the THW Foundation
- Devices are also to be equipped with cloud-based apps based on Siemens’
Mendix software
- Civil defense and disaster control teams are to use tablets and
software to respond to emergencies in a faster and more targeted manner
- Project is part of the COVID-19 relief fund set up by Siemens and is
a key element of THW Foundation’s PROGRESSUS initiative
Siemens Caring Hands e.V. is making a
long-term contribution to fighting the pandemic and is supporting the task
forces of the German Federal Agency for Technical Relief (THW) in driving
digital transformation with the help of the THW Foundation. This will simplify
THW’s work as a system-relevant organization in times of crisis. In total,
Siemens Caring Hands is donating 668 tablets to THW Foundation, which in turn
is making it possible to use these devices at all 668 local THW sections.
Siemens Caring Hands is not only bearing the hardware costs, but is also making
Siemens experts available as advisors to help put the devices into operation –
for example, by helping with data protection issues and by equipping the
tablets with additional cloud-based apps. These apps are being programmed for
this specific purpose by Mendix, a Business Unit of Siemens Digital Industries
and a global leader in no-code/low-code applications. To develop the apps, a
multi-phase process has been established that enables THW to plan the low-code
applications on its own according to its specific needs and to then develop the
apps with the aid of a hackathon that Siemens will be holding at the end of
April.
This
publication is not an offer for sale nor a solicitation to buy or subscribe to
any securities in the United States. The information contained herein is not
for distribution, directly or indirectly, in or into the United States of
America and must not be distributed to U.S. persons (as defined in Regulation S
of the U.S. Securities Act of 1933, as amended (the "Securities
Act")) or publications with a general circulation in the United States of
America. Any securities referred to herein have not been and will not be
registered under the Securities Act. There will be no public offering of any
such securities in the United States of America.
- Maturities of two, three, five, seven,
ten and twenty years
- Most favorable interest rates to
date for Siemens U.S. dollar bonds
- Strong demand – bond oversubscribed 2.5
times when price was determined