- Revenue rose 4%, to €83.0 billion; orders were strong at €85.7 billion, just 1% below the high level a year ago despite substantial, ongoing contraction in markets for the Power and Gas Division which recorded large orders in Egypt totaling €4.7 billion in the prior year; the book-to-bill ratio was 1.03
- On a comparable basis, excluding currency translation and portfolio effects, revenue rose 3% and orders declined 2%
- Industrial Business profit rose 8%, to €9.5 billion, with double-digit increases at Building Technologies, Digital Factory, Mobility and Process Industries and Drives more than offsetting declines at Power and Gas and Siemens Gamesa Renewable Energy (SGRE)
- Industrial Business profit margin reached 11.2%, with a majority of businesses within or above their target ranges
- Net income up 11%, to €6.2 billion, driven by the strong operating performance; basic earnings per share (EPS) of €7.44, well within the guidance range
- Siemens proposes to raise the dividend €0.10 per share, to €3.70 per share
"Our global team delivered excellent results in fiscal 2017, surpassing even the historic success of last year. Most businesses are stronger than ever and well equipped for the digital age. Nevertheless, we have to tackle structural issues in some individual businesses. There is a lot of work ahead of us in fiscal 2018. We will take advantage of our opportunities in the market and handle challenges carefully, responsibly and rigorously."
- Thomas Rathmann leaves company
- Preparations for public listing on schedule
Jochen Schmitz (51) has been appointed CFO of Siemens Healthineers, effective December 1, 2017. Schmitz, who is currently head of Accounting, Reporting and Controlling for the Siemens Group, will succeed Thomas Rathmann, who is leaving Siemens Healthineers by mutual agreement.
- New Booksize Motor Modules for Sinamics S120 series
- Version with double (C-type) and triple (D-type) overload factor
- 24A devices close portfolio gap between 18A and 30A
- New variants offer compact design and higher maximum current
The Booksize Motor Module portfolio has been further developed to include compatible new C and D type Sinamics S120 Booksize Motor Modules. Siemens has added a number of new devices to the existing 3A-30A range. The 24A, 45A and 60A Motor Modules are now available with double overload factor (Continuous C-type), and the 24A modules are additionally available with triple overload factor (Discontinuous D-type). With a 33 percent narrower fit than the existing variants, the new 45A und 60A devices are extremely compact, enabling significant space savings in the control cabinet. The maximum current in the 45A devices has also been increased from 85A to 90A, while the 60A devices now come with a 120A maximum current instead of the previous 113A.A completely new addition to the series are the 24A devices, which will be available as either a C or D type. This closes the gap in the portfolio between 18A and 30A.
- Demonstration running in California near two largest U.S. Ports of Los Angeles and Long Beach
- Siemens truck electrification technology has potential to reduce emissions and improve air quality
Siemens and the "South Coast Air Quality Management District (SCAQMD)" are running a one-mile, zero-emission eHighway demonstration in the Californian city of Carson, U.S., near the ports of Los Angeles and Long Beach. Three trucks hauling freight are running along the stretch of highway which uses Siemens technology to electrify select highway lanes via an overhead catenary system. This catenary system supplies the trucks with electric power, similar to how modern-day trolleys or streetcars are powered on many city streets. The system also allows for truck operation outside of the electrified sections of infrastructure.
- Scalance W1788 ensures investment in industrial networks with WLAN Standard IEEE 802.11ac Wave 2
- Optimum implementation of wireless applications with high bandwidths
- Wide-ranging networking scope through integrated switch
- Reliable redundancy in harsh environmental conditions
Siemens is extending its portfolio of network components with Scalance W1788 Access Points, which are designed to facilitate implementation of the current WLAN Standard IEEE 802.11ac Wave 2 in industrial applications. Users will benefit from investment protection for industrial networks, and the assurance of future-proof wireless applications and projects in industrial environments. The standard will enable wireless applications with high bandwidths to be ideally implemented at gigabit data rates – for instance to transmit video data or where a high user density is involved. The integrated switch features two managed Ethernet gigabit ports offering wide-ranging networking possibilities such as link aggregation.The industrial feature (iFeature) iPRP (Industrial Parallel Redundancy Protocol) ensures reliable redundancy via WLAN even in the toughest of ambient conditions.
- New order for equipping two solar farms in Pakistan and Brazil with a total capacity of 140 megawatts
- Provision of the entire product portfolio, including turnkey installation by Siemens
- The collaboration between Siemens and the solar inverter manufacturer SMA Solar Technology AG will end on December 31, 2017
Siemens has received an order for the turnkey electrical equipment and installation of two solar farms in Brazil and Pakistan with a total capacity of 140 megawatts (MW). The customer for the PV power plant in Bahawalpur, Pakistan, is the Turkish company Zorlu enerji holding, while the PV power plant in Brazil is operated by Quebec Engenharia. The scope of supply includes, among other things, the transformers and medium voltage switchgear (RMUs) from Siemens as well as solar inverters from its technology partner Wind & Sun Technologies SL (WSTECH). Siemens will install the components as a turnkey project and connect the solar farms to the local power grid. Both plants are expected to go into operation in early 2018.
Tenable™, Inc., the Cyber Exposure company, and Siemens, a global engineering and technology leader, announced a strategic partnership to help energy, utilities and oil and gas companies close the industry readiness gap with a new solution for industrial asset discovery and vulnerability management. At a time when the risk of cyberattacks against critical infrastructure has grown exponentially, the global leaders in cybersecurity and OT have teamed up to launch "Industrial Security" from Tenable, which Siemens is delivering as a service to help companies secure and protect their critical OT assets.
- Two H-class gas turbines and long-term service for the Hickory Run Energy Center
- Capacity to power approximately 1,000,000 homes in Pennsylvania
- Siemens Financial Services to invest equity
Tyr Energy, Inc. has chosen Siemens as the technology partner for the Hickory Run Energy Center – a new 1,000 megawatt natural gas-fired combined cycle power plant (CCPP) to be built by Kiewit Power Constructors Co. in Lawrence County, Pennsylvania. The facility will be a Siemens combined cycle power plant, featuring the Siemens record-breaking H-class technology in a facility designed for fast, flexible operation to support renewable integration. Siemens Financial Services is providing an equity investment and will own 20% of the project alongside Tyr Energy, Inc. and Kansai Electric Power Co., Inc.
- Smart thermostat for residential heating control
- Fast commissioning with integrated navigation assistant
- App for iOS and Android with numerous functions
The Siemens Building Technologies Division will launch a new smart thermostat for residential heating control in November 2017. The RDS110 smart thermostat takes just a few minutes to commission and can be controlled via a mobile phone app.
- 5 and 10 ampere power supply for the Simatic ET 200SP
- Flat format for use on distribution boards
- Current monitor for early fault detection and energy management
- Shutdown and isolation of the 24 V supply simplify commissioning and maintenance of the system
Siemens is bringing onto the market the Simatic ET 200SP PS, a single-phase power supply for the Simatic ET 200SP distributed I/O system. The 24 volt power supplies from the Sitop product family supply rated currents of 5 and 10 amperes, and their design, construction and functionality are optimally matched to the distributed controller. An on/off switch for the 24 volts, and plug-in terminals for three load circuits simplify the commissioning and maintenance of the system. The power supply has a current monitor that outputs the momentary output current and enables, for example, optimization of the energy management. A mounting depth of a mere 75 mm allows the power supply to be used on flat distribution boards.