- Focus on smart buildings and cloud-connected products and systems
- New version of the Desigo CC integrated building management platform
- Intelligent Valve: self-optimizing, dynamic valves with cloud connection
At ISH 2019, the leading international trade show for building, energy and air conditioning technology and renewable energies, the Siemens Building Technologies Division will present numerous innovations from its product and systems portfolio, as well as new digital services for customers. These portfolio additions from Building Technologies will enhance smart buildings, link products and building management systems to the cloud, connect disciplines, and make data available from anywhere and at any time. Building Technologies' extensive range of reliable and accurate building control products, multi-disciplinary building management systems and software offerings, all of which are easy to adapt to individual applications, are the foundation for digitalized buildings. As the leading smart building company, Building Technologies helps create more user-friendly and efficient buildings by turning data into actionable insights. Making buildings comfortable, safe and efficient remains the overall goal of Building Technologies' "Creating Perfect Places" initiative.
- S70 low-floor light rail vehicles
- After delivery, Houston will have 51 Siemens Mobility vehicles
Siemens Mobility has been awarded a contract from the Metropolitan Transit Authority of Harris County (METRO) for 14 light rail vehicles that will operate in Houston, Texas. This marks Houston METRO's third order for Siemens Mobility vehicles, which will bring the total number in Houston to 51. The S70 low-floor light rail vehicles will supplement the vehicles currently servicing the city's three light-rail lines, which account for nearly two million trips per month. This will ensure the system's reliability, efficiency and passenger experience.
- Effective immediately, employees in Germany can propose concrete qualification projects
- Up to €100 million for qualification measures, especially in future-oriented professional fields
- New learning culture: a willingness to learn completely new things
The Fund for the Future that Siemens and the company’s Central Works Council agreed to establish in May 2018 is now available to finance qualification projects in Germany. Until the end of fiscal 2022, Siemens will provide up to €100 million for such projects, in addition to the company’s regular annual budget of around €500 million for training and continuing education, thereof €290 million in Germany. The Fund for the Future is a key element with which Siemens and the Central Works Council are shaping the structural transformation of today’s economy – a transformation that is changing the working world to an unimaginable degree.
- Operator is Go-Ahead Verkehrsgesellschaft Deutschland GmbH
- 44 Mireo multiple-unit and twelve Desiro HC double-decker trainsets
- Order worth around €400 million
- Higher capacity and significantly enhanced passenger comfort
Operator Go-Ahead Verkehrsgesellschaft Deutschland GmbH has commissioned Siemens Mobility to deliver 56 regional multiple-unit trainsets. The trains are planned for use on the electrified routes of the "Augsburg rail networks" in southwestern Bavaria. A total of 44 three-car Mireo electric trainsets and twelve five-car Desiro HC electric double-decker trains are to be delivered. Both types of trains can be combined, enabling the operator to flexibly adapt to changing passenger demand. The order is worth around €400 million. Passenger service with the new trains is scheduled to begin with the change of the timetable in December 2022.
- State-of-the-art reactive power compensation systems from Siemens are supporting the power supply for the greater Frankfurt area.
- The transmission systems for grid operator Amprion have been successfully running in test operation since the end of December 2018.
Commissioned by grid operator Amprion, Siemens built two reactive power compensation systems for the important Kriftel power grid node: a mechanically switched capacitor with damping network (MSCDN) and a power-electronic static synchronous compensator (STATCOM). The systems have been running successfully in test operation since December 2018. They're able to dynamically, rapidly, and flexibly increase or decrease the grid voltage on demand, which is necessary to keep the grid stable despite the increase in fluctuating power supplies from renewable and distributed energy sources. At the same time, the system will help prevent gaps in supply due to large power plant shutdowns. The Kriftel substation between Frankfurt and Wiesbaden controls power distribution for the Greater Frankfurt Area and its almost six million inhabitants.
- Orders increased 13% on a comparable basis, excluding currency translation and portfolio effects, and revenue grew 2% compared to Q1 FY 2018
- On a nominal basis, orders rose 12%, to €25.2 billion and revenue was up 1%, to €20.1 billion; the book-to-bill ratio was 1.25
- Adjusted EBITA for Industrial Business was lower, at €2.1 billion, due mainly to a decline in Power and Gas; Industrial Business Adjusted EBITA margin at 10.2%, held back by severance charges amounting to 0.4 percentage points
- Net income came in at €1.1 billion, resulting in basic EPS of €1.26, which was burdened by €0.08 from severance charges; the change year-over-year is due to two substantial positive factors outside of Industrial Business in the prior-year period: a gain from the sale of shares in OSRAM Licht AG and sharply lower income tax expenses related to U.S. tax reform
"Our continued high order growth underlines the customer confidence in the performance of our company. There is still much to do before we achieve industry-leading margins in all our businesses."
- Annual Shareholders' Meeting ratifies acts of Managing and Supervisory Boards by large majorities
At today's 53rd ordinary Annual Shareholders' Meeting of Siemens AG, shareholders approved the distribution of a dividend of €3.80 per share for fiscal 2018, as proposed by the Managing and Supervisory Boards. The dividend for fiscal 2018 was thus €0.10 higher than the dividend for fiscal 2017. The company has now increased its dividend five years in a row.
- Marks the biggest contract for Siemens in Oman and one of the longest service agreements in the oil and gas sector
- Complements the country's economic diversification plans
Highlighting its commitment to supporting Oman in meeting its growing power needs, Siemens has received an order to supply the Duqm Integrated Power and Water project (DIPWP) with gas and steam turbines, long-term power generation services and digital solutions. The total order volume of the contract is in the range of 200 million euros, representing Siemens' largest contract in the Sultanate of Oman. Spanning a period of 25 years, the service contract for the project, marks also one of the company's longest contracts in the oil and gas sector globally. Following completion of the project in 2022, DIPWP will have an installed generating capacity of 326 megawatts in combined-cycle duty and 36,000 cubic meters of desalinated water for Duqm refinery and petrochemical facilities per day.
- In Trondheim, 55 battery modules per shift will be assembled for the marine and offshore market in the future
- The factory includes a robotized and digitized production line with eight robot stations
- Worldwide there is a strong demand for safe and reliable battery solutions
Together with Norwegian Prime Minister Erna Solberg, Siemens today opened one of the world's most advanced and robotic battery module factories in Trondheim, Norway. In the future, 55 battery modules per shift will be assembled every day for the marine and offshore market. "We expect this market to grow significantly in the future. That is why we have invested in the development of safe and reliable battery solutions," says Bjørn Einar Brath, Head of Offshore Solutions at Siemens. The factory comprises a robotized and digitized production line with eight robotic stations with a capacity of up to 300 megawatt hours (MWh) per year. From unpacking the incoming production parts to testing the finished battery module, the whole factory is completely automated. One battery consists of nine battery modules, each module consists of 28 battery cells.
- Re-powering of Cooperative Energy's R.D. Morrow, Sr. Generating Station in Purvis, Mississippi
- Third order for new Siemens HL-class gas turbine
- Higher efficiency and reduced CO2 emissions
- Long-term service contract included
Siemens has secured an order in the U.S. for the re-powering of Cooperative Energy's R.D. Morrow, Sr. Generating Station facility in Purvis, Mississippi. The customer will use Siemens' cutting-edge HL gas turbine technology to re-power the facility's existing coal-powered steam turbines. This is the third order that the company has received for its new HL-class gas turbine. The natural gas-fueled combined cycle power plant will have an installed capacity of approximately 550 megawatts and will supply reliable electricity to Cooperative Energy's Member cooperatives, which serve approximately 430,000 homes and businesses across the state.