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• Acquisition strengthens Siemens Mobility's position as a leading software supplier to rail customers
• Optrail S.r.l. provides algorithms for a new generation of optimization-based Traffic Management Systems for rail

Siemens Mobility has completed the acquisition of Optrail S.r.l., an Italian-based technology company, that provides unique algorithms for Traffic Management Systems – TMS – based on mathematical optimization methods and operations research. The acquisition complements Siemens Mobility’s existing Train Planning System – TPS – portfolio and strengthens its position as a leading supplier of software solutions to rail customers. Optrail will remain based in Rome, Italy, and its technology will be integrated into Hacon’s existing TPS products. Hacon, a Siemens Company, is based in Hanover, Germany, and an essential part of Siemens Mobility’s software unit.

• Contract to maintain 51-strong Class 185 train fleet gets extension for 8 years, until 2031
• Builds on success of recent digital upgrade by Siemens Mobility which means the trains remotely monitor their own condition through Railigent X
• Siemens Mobility will work with new operator TransPennine Trains Limited and train owner Eversholt Rail to ensure continued reliability across the fleet

Siemens Mobility has been awarded a contract extension for the maintenance of the Class 185 fleet serving TransPennine Express routes operating between Manchester, Sheffield and Cleethorpes and Manchester to Hull from northwest of England depots. The majority of maintenance work will take place at Ardwick Depot, Manchester and subsidiary depots at York and Cleethorpes.  

• Siemens has partnered with UN Women Germany through the African Girls Can Code Initiative (AGCCI) to train girls and young women in Africa in digital and further skills
• Hybrid event in Johannesburg kicks off the training program that starts operation now and will benefit over 600 young women across South Africa, Kenya, Senegal, Rwanda and Uganda.
• Siemens has made €780,000 available to enhance employability and will provide laptops to all participants in order to support coding camps focused on digital literacy, coding, personal development and work readiness skills.
• In the context of a comprehensive 6-month mentoring program “SieMent EmpowHer,” developed by Siemens South Africa, the young women will spend a whole day with their experienced female mentors from around the world.

Siemens has partnered with United Nations (UN) Women Germany for an upskilling program of more than 600 young African women in South Africa, Kenya, Rwanda, Senegal, and Uganda. The joint initiative was launched in April 2022. Now, the first round of workshops has started. A hybrid event, hosted by Siemens South Africa, will kick off the African Girls Can Code (AGCCI) coding camp and the SieMent EmpowHer mentorship program. 

• Acquisition to strengthen Siemens’ capability to address fast-growing demand for electric vehicle charging infrastructure in India, expand local market presence, enable creation of export hub
• To scale up Siemens’ range of e-mobility solutions in India, complementing its global portfolio
• Closing subject to fulfilment of condition precedents as agreed between the parties and receipt of requisite regulatory, statutory and other approvals

In a step to address the fast-growing demand for electric vehicle (EV) charging infrastructure in India, Siemens Limited, signed an agreement today to acquire the EV division of Mumbai-based Mass-Tech Controls Private Limited. The division is engaged in design, engineering and manufacturing of a wide range of AC chargers, and 30 to 300kW capacity DC chargers for various end applications for EVs. The cost of the acquisition is approximately Rs. 380 million (EUR 4.3 million) on a cash free and debt free basis and subject to other adjustments that are mutually agreed between the parties to the transaction.

• ICE 3neo fleet grows to 90 trains
• Additional order volume of around €600 million
• High-speed climate protection thanks to short delivery times
• Trains from first order already in service                                                                                        

Siemens Mobility will deliver an additional 17 ICE 3neo trains worth around €600 million to Deutsche Bahn (DB). The ICE 3neo fleet, based on the Velaro MS platform, will then grow to a total of 90 trains. Deutsche Bahn first ordered 30 ICE 3neo trains from Siemens Mobility in July 2020, and called up 43 further trains in January 2022. With this new order, the original framework agreement for 90 trains signed in July 2020 has been completed. The ICE 3neo trains will be manufactured at the Siemens Mobility plant in Krefeld and delivered by August 2028. Trains that were first ordered have been in passenger service since December 2022, after being built in record time. 

• Several records in Q2 2023, including impressive margin increases and all-time highs in profit for Digital Industries and Smart Infrastructure, as well as another record order backlog
• At €23.6 billion, orders reached a very high level (Q2 2022: €21.0 billion)
• Revenue rose 15 percent on a comparable basis to €19.4 billion(Q2 2022: €17.0 billion)
• Profit Industrial Business surged 47 percent to €2.6 billion (Q2 2022: €1.8 billion)
• Net income nearly tripled to €3.6 billion (Q2 2022: €1.2 billion)
• Excellent free cash flow all-in at Group level totaled €2.3 billion (Q2 2022: €1.3 billion)
• Outlook for revenue growth and earnings per share pre PPA effects raised again

Siemens continued its strong growth momentum also in Q2 2023 (ended March 31, 2023). The quarter was characterized by very strong order intake, outstanding revenue growth driven by substantial increases at Digital Industries, Smart Infrastructure and Mobility, and higher Profit Industrial Business, including sharp increases at Smart Infrastructure and Digital Industries, which both achieved their highest-ever quarterly profit. Following the strong first half of fiscal 2023, Siemens is again raising its outlook for the fiscal year. 

• Revenue and orders for the second quarter each increased 15% on a comparable basis, excluding currency translation and portfolio effects
• On a nominal basis, revenue climbed 14% year-over-year, to €19.4 billion; orders rose 13%, to €23.6 billion, driven by substantially higher volume from large orders in Mobility; the book-to-bill ratio was 1.22
• Profit Industrial Business surged 47%, to €2.6 billion, with a profit margin of 14.2%; Digital Industries and Smart Infrastructure both delivered sharp increases and their highest-ever quarterly profit, while Mobility posted a profit compared to a loss in Q2 FY 2022 which included a €0.6 billion impact resulting from sanctions imposed on Russia
• As a result net income rose to €3.6 billion, also benefiting from reversal of an impairment of Siemens’ stake in Siemens Energy AG resulting in a tax-free gain of €1.6 billion; corresponding basic earnings per share (EPS) were €4.39 and EPS before purchase price allocation accounting (EPS pre PPA) were €4.57, each including €2.01 per share related to the impairment reversal
• Excellent Free cash flow from continuing and discontinued operations, reaching €2.3 billion for the quarter

• Together for Sustainability – an initiative of 47 chemical companies – chooses Siemens’ “Sigreen” solution for digital exchange of Product Carbon Footprint (PCF) data
• Pilot project aims to demonstrate the scalability of PCF data exchange across an entire industry
• Chemical industry is a pioneer in product-related environmental data

Together for Sustainability (TfS) and Siemens are announcing a partnership on decarbonization to advance the overall sustainability of the chemical industry. TfS is a global initiative to promote sustainability in the chemical industry’s supply chain, consisting of 47 international companies, including some of the largest chemical groups. Siemens, a leading technology company and supplier of automation and industrial software, will leverage the power of its Sigreen solution, a tool to track and manage product carbon footprint (PCF) and part of the Siemens Xcelerator portfolio.