- On March 8, 1899, Siemens shares
were traded for the first time on the Berlin Stock Exchange
- As a result, Siemens is one of the
oldest continuously listed companies in German stock-exchange history
- Progressive internationalization of
shareholder structure
- One of
the world’s largest employee share programs
Today, Siemens is celebrating its 125th year on the stock exchange. On
March 8, 1899, Siemens shares were traded for the first time on the
floor of the Berlin Stock Exchange. As a result, Siemens is one of the oldest
continuously listed companies in Germany’s stock-exchange history. One hundred
and twenty-five years later, Siemens remains a leading technology company in
the fields of industry, infrastructure, transport, and healthcare and is one of
the top 100 most valuable companies in the world.
- Siemens EcoTech empowers industry and infrastructure customers to make informed decisions, advancing progress against their sustainability targets
- Each product that achieves the Siemens EcoTech label has a detailed profile that provides industry-leading levels of transparency
- The new label enables direct comparison of product sustainability credentials to the market standard and predecessor products
Siemens today announces the launch of its
sustainability product label approach – Siemens EcoTech – setting a new
standard for transparency in the industry. Siemens EcoTech gives customers a
comprehensive insight into product performance across selected environmental
criteria. At launch, the Siemens EcoTech label covers a range of products from
across the Siemens portfolio for infrastructure and industrial applications.
The label will be gradually extended to cover additional, relevant Siemens
product families, which meet the stringent criteria.
Due to impacts from the coronavirus pandemic and the geopolitical environment, as well as broader macroeconomic effects of inflation, the food and beverage (F&B) industry has been facing major challenges, which range from fractured supply chains to inflation-induced higher prices. As a result, more and more companies in the F&B industry are acknowledging the need to intensify their efforts in embracing digital transformation. Regarding optimization, the F&B industry is focused on two aspects: first, it aims to streamline processes for maximum efficiency and enhance supply chain resilience. Second, it strives to achieve sustainability goals. Yet, its ultimate priority is to remain competitive in the market. The technologies used at Ekonoke, Deoleo and Coca-Cola are examples of the digital transformation that is taking place in the food and beverage industry – with the help of Siemens technology. These technologies are used in a variety of diverse cases, such as in sustainable and efficient hop production, the digitalization of a traditional olive oil production process and the example of sustainable processing and distribution of a large multinational soft drink company.
Due to
impacts from the coronavirus pandemic and the geopolitical environment, as well
as broader macroeconomic effects of inflation, the food and beverage (F&B)
industry has been facing major challenges, which range from fractured supply
chains to inflation-induced higher prices. As a result, more and more companies
in the F&B industry are acknowledging the need to intensify their efforts in
embracing digital transformation. Regarding optimization, the F&B industry
is focused on two aspects: first, it aims to streamline processes for maximum
efficiency and enhance supply chain resilience. Second, it strives to achieve
sustainability goals. Yet, its ultimate priority is to remain competitive in
the market.
S&P
Global Ratings announced today that it has upgraded its long-term issuer rating
on Siemens AG to AA- from A+, the outlook remaining stable. According to
S&P Global Ratings, “Siemens AG continues to
successfully transform its industrial portfolio by focusing on high margin
businesses that have leading market positions and benefit from secular trends
like digitalization and decarbonization, while also divesting its lower margin
or more volatile businesses.”
For the past
15 years, the rating agency has maintained an A+ rating for Siemens AG.“The upgrade
in our rating underlines once again Siemens AG’s financial strength. We
are pleased that S&P Global Ratings has given fitting recognition
to our outstanding cash performance and strong operating results. Our AA- rating
puts us well ahead of our peers and is a pleasant privilege”, said Ralf P. Thomas,
Chief Financial Officer of Siemens AG.
Todd Weatherby
(58) has been appointed as Chief Executive Officer Siemens Advanta, leading the
professional services and consultancy business as of March 1, 2024. Todd has
held leadership roles in product management, business development and sales
with several technology companies including Oracle, Microsoft and Amazon. He
launched Amazon Web Services ProServe and led its impressive growth for a
decade from 2012.
Cedrik Neike, CEO Siemens Digital Industries
and the Member of the Managing Board responsible for Siemens Advanta, said;
“Todd has deep expertise in the professional services space within the tech
sector. As an experienced leader, he will support the continued growth of
Siemens Advanta. We welcome him to Siemens and look forward to supporting him
as he works to help our customers leverage the power of technology.”
Siemens held its virtual Annual Shareholders' Meeting on February 8, 2024.
Here you can find the opening speeches by the Chair of the Annual Shareholders’ Meeting Werner Brandt, Second
Deputy Chairman of the Supervisory Board, and of Roland Busch, CEO.
We released our first quarter results for fiscal year 2024. The Press Conference Call and the Analyst Call were be broadcast live.
- 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.
- Progressive dividend policy with €0.45 increase over prior year
- High approval rates for all agenda items
At the Siemens AG Annual Shareholders’ Meeting that was held today, the shareholders decided by a large majority of 99.91 percent to approve
the Managing and Supervisory Boards’ proposal that a dividend of €4.70 per
share be distributed for fiscal 2023. As a result, Siemens has raised the
dividend €0.45 compared to the prior year and has continued to pursue its
progressive dividend policy in an impressive manner. In addition, the Annual
Shareholders’ Meeting voted by large majorities to ratify the acts of the
members of the Managing and Supervisory Boards for fiscal 2023. The number of
people following the Annual Shareholders’ Meeting worldwide peaked at more than 4,395. Around 147 questions were asked during
this year’s event, and about 64.38 percent
of the voting stock was represented.