Siemens will start off fiscal 2012 on October 1, 2011 with a further developed structure. The newly founded Infrastructure & Cities Sector begins operation on that day, as planned. In the future, the operating businesses of Siemens will be organized in the Industry, Infrastructure & Cities, Energy, and Healthcare Sectors. By forming the new Sector, the company plans to be a leading participant in the dynamic growth of cities and infrastructure investments. "We are rigorously focusing our business on growth. Our new setup will put us even closer to our customers. The Infrastructure & Cities Sector will open up additional business opportunities in the growth market of cities," said Peter Löscher, President and CEO of Siemens AG. "Cities face the enormous challenge of reconciling urban growth with a good quality of life. We can offer them comprehensive solutions from one hand to achieve this. In order to better serve the needs of cities, we are focusing the new Sector specifically on cities and infrastructure," stated Roland Busch, CEO of the Infrastructure & Cities Sector.
In connection with implementing the North European Center for Radio-Oncology in Kiel (NRoCK), the University Hospital Schleswig-Holstein (UKSH) and Siemens AG have signed a declaration of intent to dissolve their existing contracts. Negotiated under the auspices of the Minister of Economy and Science of Schleswig-Holstein, Jost de Jager, the declaration foresees favorable terms for equipping the UKSH with one of Germany's most advanced and efficient centers for the conventional radiotherapy treatment of cancer patients. Work by Siemens to set up a particle therapy facility on the basis of proton and carbon-ion radiation is to be discontinued.
Siemens AG has been ranked the most sustainable company in its industry for the fourth time in a row. In the Dow Jones Sustainability Index (DJSI) – the sustainability rating established by Dow Jones and SAM – Siemens has again taken first place in the Diversified Industrials category, which includes companies like 3M, General Electric, Toshiba and Thyssen Krupp. Out of a possible 100 points, Siemens received 90 – its highest overall rating to date and a further improvement over last year's result of 87 points. The company has now been honored by the DJSI twelve times in a row for its sustainable activities.
We released our results for the third quarter of fiscal 2011 on July 28, 2011. The conference call was broadcast live on the internet.
"We continued to grow in the third quarter and are on track to reach our targets for fiscal 2011," said Siemens CEO Peter Löscher. "New orders again rose sharply, driven by a large order at Mobility. We're vigorously tackling operating challenges. Our markets are still robust, although risks are tending to increase in the global economic environment."
Siemens achieved strong growth again in the third quarter of fiscal 2011. New orders climbed 20 percent year-over-year. Revenue rose two percent. These figures include negative currency translation effects that took five percentage points from new orders as well as revenue. Income from continuing operations was below the prior-year figure. This decline was due to negative profit impacts in connection with an arbitration decision and in connection with the particle therapy business. "We continued to grow in the third quarter and are on track to reach our targets for fiscal 2011. New orders rose again sharply, driven by a large order at Mobility. We're vigorously tackling operating challenges. Our markets are still robust, although risks are tending to increase in the global economic environment," said Siemens President and CEO Peter Löscher.
The Siemens Festival Night in Bayreuth on August 14, 2011, will be a unique Richard Wagner opera experience for everyone in the audience. To mark the festival anniversary, Siemens has doubled the size of the LED screen for the public viewing event to 180 m2. This will enable ten thousand people to enjoy the music of Wagner to the full in the open air. Two public attractions will be offered in succession: first the brand-new "Ring" for children, then "Lohengrin" for everyone. Together they provide a full-day festival event for people of all ages in a relaxed summer atmosphere on the Bayreuth Festplatz.
On the 25th anniversary of the assassination of Chief Technology Officer Prof. Karl Heinz Beckurts and his driver Eckhard Groppler, Siemens pays tribute to the victims and their families, in a spirit of profound solidarity with them. On the morning of July 9, 1986, a bomb destroyed the car of Karl Heinz Beckurts, who was being driven to work by Eckhard Groppler.