- Largest Light Rail Vehicle contract ever awarded in the USA to Siemens
- Order worth USD 648 million
- Option for an additional 85 cars
San Francisco's Municipal Transportation Agency (SFMTA) has awarded Siemens a contract to deliver an initial 175 light rail cars for its Muni transit system at a value of USD 648 million. With an option for an additional 85 cars, this is one of the biggest orders for light rail cars ever placed in the USA. With this contract, Siemens secures its position as the U.S. market leader in this segment. Every third streetcar or light rail car operating in the USA today comes from Siemens. The trains will be built at the Siemens plant in Sacramento, California, and the first cars are set to be delivered at the end of 2016.
- Shell completed ahead of schedule
- Building symbolizes cosmopolitan, innovative and transparent identity
- Removal of soundproofing walls following façade assembly
A milestone has been reached on the way to the completion of Siemens' new company headquarters at Wittelsbacherplatz in Munich, Germany. The company celebrated the building's topping-out with Munich Mayor Dieter Reiter, the head of Munich's Department of Urban Planning Prof. Dr. Elisabeth Merk, construction workers at the site, neighbors and employees. The shell of the new complex, with some 45,000 square meters of above-ground floor space, was completed earlier than expected.
- Company achieves top ranking in the Dow Jones Sustainability Index
- No. 1 and thus the most sustainable industrial company across seven sectors
Siemens has been named the most sustainable company in its industry group. The Swiss investment company RobecoSAM compiles the internationally renowned Dow Jones Sustainability Index (DJSI) each year for Dow Jones, a provider of financial market indices. In this year's DJSI, Siemens ranked first in the Capital Goods Industry Group, which includes about 350 companies from seven sectors. Siemens was able to reaffirm its rating from the previous year and achieved a very high total score of 93 out of a maximum of 100 points (after earning 93 points last year). This means that Siemens has been represented every year since the DJSI was first published 15 years ago.
The Managing Board of Siemens AG has resolved to delist the ordinary shares of Siemens from the London Stock Exchange (LSE) and from the Swiss Stock Exchange (SIX Swiss Exchange AG / SIX).
- Net income rises 27 percent to €1.4 billion
- Revenue up one percent, orders stable (on a comparable basis)
- Book-to-bill at 1.08 – order backlog of €101 billion
- Outlook for fiscal year confirmed
In the third quarter of fiscal 2014, Siemens posted strong results in most areas, which were affected by challenges in the Energy Sector. Net income rose to €1.4 billion, from €1.1 billion in the prior-year-period. Corresponding earnings per share increased to €1.62 year-over-year from €1.27. Total Sectors profit rose to €1.7 billion, but was held back by ongoing profitability challenges within the Energy Sector. For comparison, Total Sectors profit of €1.3 billion one year earlier had been burdened by €418 million in "Siemens 2014" charges.
We released our third quarter results for fiscal 2014 on July 31, 2014. The combined press and analyst conference call was broadcast live on the internet.
- Third-quarter revenue was 4% lower year-over-year, and orders came in 3% below the prior-year period. The book-to-bill ratio was 1.08 for the quarter, and Siemens' order backlog was €101 billion.
- On an organic basis, excluding currency translation and portfolio effects, revenue rose 1% and orders were stable year-over-year.
- Total Sectors profit rose 37%, to €1.739 billion, highlighted by substantial profit improvements in Infrastructure & Cities and Industry, and income from continuing operations climbed 36%.
- Net income for the third quarter rose 27% year-over-year, to €1.399 billion, and basic earnings per share (EPS) increased to €1.62.
- Free cash flow from continuing operations was €1.127 billion, up from €996 million in the third quarter a year earlier.
"While we made good progress in most areas, the Energy Sector poses a continued challenge in the quarters to come. 'Siemens – Vision 2020' leads the way to sustainable performance improvement."
- Launch of urban development competition between twelve firms of architects
- Construction work to begin at the end of 2016
At its meeting yesterday, Erlangen City Council approved a decision of principle giving the go-ahead for an architectural design competition for the new Siemens Campus in Erlangen. This marked a further milestone for the project, which is important not only to the city but to the entire metropolitan region of Erlangen / Nuremberg.
- Interior construction work now underway following restoration of building structure
- Historic palace to be integral part of Siemens' new corporate headquarters
- Structural work to continue until spring of 2015
The reconstruction work on the interior of the Ludwig Ferdinand Palais, a registered historic building at Wittelsbacherplatz in Munich, has now reached the halfway mark. Siemens developed the remodeling plans in close cooperation with Bavaria's Office for the Preservation of Historic Places. In 2013, the City of Munich granted a building permit for the project. The point of departure for the extensive reconstruction project was the decision to equip the historic palace for the future and make it an integral part of Siemens' future headquarters.