- 24 young Europeans in the pilot project Europeans@Siemens have successfully completed their work-study training at the Berlin location
- All the graduates have job offers at Siemens in their home countries
The first students to participate in the pilot project Europeans@Siemens have now successfully completed their training in Berlin and are starting their professional careers. In the fall of 2012, the young Europeans were sent to Berlin by the Siemens Regional Companies in their home countries to train as electronics or mechatronics engineers. The 24 young people from 12 European countries will now be awarded their diplomas in a ceremony at Siemens' Berlin location.
- Acts of Managing and Supervisory Boards ratified with large majorities
- Dividend proposal of €3.50 per share approved
- Shareholders endorse spin-off and transfer agreement between Siemens AG and Siemens Healthcare GmbH of December 2, 2015
At the Annual Shareholders' Meeting of Siemens AG in Munich, company shareholders approved the early reelection of Nicola Leibinger-Kammüller, Jim Hagemann Snabe and Werner Wenning to additional five-year terms on Siemens' Supervisory Board. This step is intended to ensure continuity – with a view to the long-term, successful implementation of the company's Vision 2020 strategy – beyond the regular election of shareholder representatives to the Supervisory Board in January 2018.
We released our first quarter results for fiscal 2016 on January 25, 2016. The press conference was broadcast live.
Siemens held its Annual Shareholders' Meeting at the Olympia Hall in Munich on January 26, 2016. The topics of the Siemens Annual Shareholders' Meeting are available here. Please find below the opening and the speeches of Dr. Gerhard Cromme, Chairman of the Supervisory Board, and Joe Kaeser, CEO, press pictures of the event and a best-of-video of the press conference and Annual Shareholder's Meeting.
- Major contract wins in Europe and Africa drive first-quarter orders up 27% year-over-year, at €22.8 billion; revenue 8% higher at €18.9 billion, for a book-to-bill ratio of 1.21
- Excluding currency translation effects, orders 22% higher and revenue up 4%
- Industrial Business profit climbs 10% year-over-year, to €2.0 billion, including margin expansion; strong increases in Healthcare, Energy Management and Mobility more than offset declines in Digital Factory, Process Industries and Drives and Wind Power and Renewables
- Net income of €1.6 billion, up 42% from the prior-year quarter which was burdened by factors outside the Industrial Business; basic earnings per share (EPS) of €1.89 compared to €1.30 in Q1 FY 2015
- We raise our previous expectation for basic EPS from net income in the range of €5.90 to €6.20 to the range of €6.00 to €6.40
"We delivered a strong quarter and are well underway in executing our Vision 2020. Therefore, we will raise our earnings outlook for 2016, even though the macroeconomic and geopolitical developments remain a concern for our markets. We continue to focus on addressing our structural challenges in the company and invest into further developing our markets and strengthening our innovation power."
Siemens announced today that it has started a 15-year technical support and spare parts supply agreement with the U.S. passenger rail operator Amtrak for its 70 new Siemens ACS-64 electric locomotives in operation on the Northeast Corridor. This is Siemens' largest technical support contract for passenger locomotives to-date in the U.S. In 2010, Amtrak ordered 70 Amtrak Cities Sprinter electric locomotives from Siemens. The first locomotives are already in passenger service.
In response to partly misleading media reports ‒ most recently in the Mittelbayrische Zeitung under the headline "Siemens knew" ‒ regarding the involvement of Siemens in the planned strategic realignment of Osram AG, Siemens comments as follows:
- Three shareholder representatives proposed for early re-election
The Supervisory Board of Siemens AG wants to ensure continuity in the long-term, successful implementation of the company's Vision 2020 strategy beyond the next regular re-election of shareholder representatives to the Supervisory Board in January 2018. Based on the Nominating Committee's recommendation, the Supervisory Board has therefore decided to propose to the Annual Shareholders' Meeting of Siemens AG on January 26, 2016 the early reelection of Dr. Nicola Leibinger-Kammüller, Jim Hagemann Snabe and Werner Wenning for terms extending until the Annual Shareholders' Meeting in 2021 in order to ensure their continued participation in the Supervisory Board beyond 2018.
- New unit to create more space for founder and startup culture
- Innovation funds of €100 million for employee ideas
- New research centers in China and Munich
- Company-wide Sinalytics platform for digital services
- Nine researchers honored for around 650 inventions
In the current fiscal year 2016, Siemens will invest around €4.8 billion in research and development (R&D) – some €300 million more than last fiscal year. R&D investment has thus increased about 20 percent since fiscal 2014. A major part of the additional funds is earmarked for automation, digitalization and decentralized energy systems. In fiscal 2015, research intensity ‒ defined as the ratio of R&D expenditures to revenue ‒ was 5.9 percent, an increase of 0.3 percentage points over the prior year. The company is also launching a bundle of measures to further increase its power of innovation.
- New claim stands for timeless engineering expertise, social values and genius
- Global launch in 2016 – the Werner von Siemens anniversary year
To coincide with the 200th birthday of its founder Werner von Siemens, the company is strengthening its global positioning with a new brand appearance, whose central component is the claim "Ingenuity for life." In the future, this claim will appear under the Siemens logo, whose design and color will remain unchanged. Siemens is combining its logo with a slogan. "Ingenuity for life" sums up what Siemens has stood for ever since its founder produced his trailblazing inventions: engineering expertise, genius, innovation and a sense of responsibility.