Search Results

• Orders increased 42 percent on a comparable basis to €24.2 billion (Q1 2021: €15.9 billion) on high growth rates at all industrial businesses
• Revenue rose 9 percent on a comparable basis to €16.5 billion (Q1 2021: €14.1 billion)
• Profit Industrial Business was €2.5 billion, a significant increase of 12 percent (Q1 2021: €2.2 billion)
• Net income climbed 20 percent to €1.8 billion (Q1 2021: €1.5 billion) – Outlook confirmed
• At €1.1 billion, free cash flow even stronger than in prior-year quarter (Q1 2021: €1.0 billion)
• Divestment of stake in joint venture Valeo Siemens eAutomotive and of the post and parcel business of Siemens Logistics agreed
• Virtual Annual Shareholders’ Meeting to decide on dividend proposal of €4.00 per share for fiscal 2021 (fiscal 2020: €3.50)

Siemens got off to a very successful start in fiscal 2022 and continues to rigorously execute its strategy as a focused technology company. In Q1 (ended December 31, 2021), the company leveraged growth opportunities in many key markets to achieve increases across all industrial businesses. The outlook for the current fiscal year 2022 was also confirmed. At the same time, Siemens further focused its portfolio: in addition to the previously announced divestment of its road traffic business Yunex Traffic, new owners have been found for the post and parcel business of Siemens Logistics and for Siemens’ stake in the joint venture Valeo Siemens eAutomotive.

• Comprehensive optimization using machine learning and advanced simulation to speed achieving design and engineering goals.
• Delivers over 1,200 customer enhancement requests putting breakthrough technologies into the hands of engineers and designers, enabling innovation at greater speed.

• Dividend 50 cents above prior-year level reflects progressive dividend policy
• Annual Shareholders’ Meeting ratifies acts of Managing Board and Supervisory Board by large majority
• Shareholders’ meeting in virtual format due to ongoing COVID-19 pandemic

At today’s ordinary Annual Shareholders’ Meeting of Siemens AG, shareholders endorsed by a large majority of 99.71 percent the proposal by the Managing and Supervisory Boards to distribute a dividend of €4.00 per share for fiscal 2021, an increase of 50 cents over the prior fiscal year and an impressive reflection of Siemens’ progressive dividend policy. The Annual Shareholders’ Meeting also decided by a large majority to ratify the acts of the members of the Managing and Supervisory Boards for fiscal 2021. The shareholders’ meeting was held in a virtual format due to the ongoing COVID-19 pandemic. The total number of people following the virtual Annual Shareholders’ Meeting, at which about 280 questions were asked, peaked at over 4,500.

• Orders for the first quarter surged 52% year-over-year, reaching €24.2 billion on double-digit increases in all industrial businesses, while revenue climbed 17% year-over-year, to €16.5 billion, for an extraordinary book-to-bill ratio of 1.47
• Orders rose 42% and revenue grew 9% on a comparable basis, excluding currency translation and portfolio effects, primarily the acquisition of Varian Medical Systems, Inc. (Varian) between the periods under review
• Profit Industrial Business increased 12% year-over-year, to €2.5 billion, and the profit margin came in at 15.7%
• Net income rose 20% to €1.8 billion resulting in basic earnings per share (EPS) of €2.05; EPS before purchase price allocation accounting (EPS pre PPA) was €2.24
• Free cash flow from continuing and discontinued operations stronger year-over-year at €1.1 billion

• Siemens further sharpens its portfolio as a focused technology company
• Purchase price of €1.15 billion, closing expected in current calendar year
• Sale to international technology group Körber agreed
• Mail and parcel business ideal expansion of Körber’s portfolio, supplementing its existing Business Area Supply Chain
• Airport logistics business to remain part of Siemens’ Portfolio Companies

Siemens has reached an agreement to sell the mail and parcel business of Siemens Logistics GmbH to the Körber Group. With this transaction, approved by the Managing and Supervisory Boards of Siemens AG, Siemens is further implementing the rigorous sharpening of its portfolio as a focused technology company. The purchase price totals €1.15 billion (enterprise value). Closing is expected in the course of the current calendar year, subject to regulatory approvals. Körber is a world-leading technology company whose Business Area Supply Chain has grown successfully in recent years, making the company a long-term, strategic new owner for the mail and parcel business.

• Profit impact of around 300 million Euros in Q2 FY22
• Closing expected in July 2022
• Single ownership of Valeo provides strong prospects for joint venture
• Another successful milestone for Siemens Portfolio Companies

Siemens AG has signed an agreement to sell its 50 percent stake in the Valeo Siemens e-Automotive (VSeA) joint venture to Valeo. The positive profit impact of around 300 million Euros will be recorded in the second quarter of fiscal 2022 and closing is expected in July 2022, subject to regulatory approvals.

• Ford Charge Station Pro granted newly expanded Underwriters Laboratories (UL) 9741 standard for safety and compliance 

Siemens Smart Infrastructure announced it has worked with Ford on the Ford Charge Station Pro, a custom electric vehicle (EV) charger for the Ford F-150 Lightning. This innovative charger is the first bidirectional-ready EV solution set for release at retail customer scale to receive certification under the newly expanded Underwriters Laboratories (UL) 9741, an important industry-wide benchmark that ensures products meet safety standards. The new charge station also features a peak power of 19.2kW, achieving the maximum power rating currently available for a Level 2 charge station.