- Revenue grew 3 percent on a comparable basis to €18.4 billion (Q1 2024: €17.7 billion)
- Orders in Q1 2025 declined 8 percent on a comparable basis to €20.1 billion (Q1 2024: €21.6 billion)
- Profit Industrial Business totaled €2.5 billion (Q1 2024: €2.7 billion); profit margin Industrial Business was 14.1 percent (Q1 2024: 15.8 percent)
- Free cash flow at Group level rose sharply to €1.6 billion (Q1 2024: €1.0 billion)
- Net income soared 52 percent to €3.9 billion (Q1 2024: €2.5 billion), benefiting from a €2.1 billion gain (after tax) from the sale of Innomotics
- Outlook for fiscal 2025 confirmed
- Virtual Annual Shareholders’ Meeting to vote on dividend proposal of €5.20 per share for fiscal 2024 (fiscal 2023: €4.70)
Siemens had
a successful start to fiscal 2025 with a strong performance in the first quarter
(ended December 31, 2024) and generated positive momentum for further
growth.
- Progressive dividend policy with €0.50 increase over prior year
- Annual Shareholders’ Meeting approves two-year extension of Supervisory Board Chairman Jim Hagemann Snabe’s term of office
- Mark Schneider elected as a new member of Supervisory Board and potential successor as chairman
- Early extension of term of office for Audit Committee Chairman Werner Brandt; two Supervisory Board members reelected
- Large majority at Annual Shareholders’ Meeting ratifies the acts of the Managing and Supervisory Boards
At the
Siemens AG Annual Shareholders’ Meeting held today, the
shareholders decided by a large majority of 99.87 percent to approve the Managing and
Supervisory Boards’ proposal for the distribution of a dividend of €5.20
per share for fiscal 2024. As a result, Siemens has raised its dividend €0.50
compared to the prior year and continues to pursue its progressive dividend
policy. The number of people following the Annual Shareholders’ Meeting
worldwide peaked at 4,673. 63.35 percent of the voting stock was
represented.
- Siemens to become preferred supplier and technology partner for Guofu Hydrogen’s production of electrolyzers and green hydrogen
- Agreement includes Siemens Xcelerator industrial automation, buildings, and electrification solutions for the hydrogen industry
- The collaboration also includes plans to jointly develop a hydrogen partner ecosystem
The technology company
Siemens, China-based Guofu Hydrogen, a leading supplier of integrated solutions
for hydrogen energy, and RCT GH Hydrogen, a Germany-based supplier of hydrogen
systems and services, have signed a Memorandum of Understanding (MoU) to
collaborate on advancing the hydrogen value chain. The partnership marks a
significant step forward in the global expansion of green hydrogen technology
as it focuses on the development and manufacture of electrolyzers and green
hydrogen production.
Siemens Digital Industries Software today
announced that it has signed an exclusive OEM agreement for its EDA business to
bring Alphawave Semi’s portfolio of high-speed interconnect silicon IP to
market through its sales channel. This includes Alphawave Semi’s
industry-leading IP platforms for connectivity and memory protocols such as
Ethernet, PCIe, CXL, HBM, and UCIe (Die-to-Die) implementations. Beyond the IP sales channel agreement, both companies will
collaborate to deliver comprehensive Spec to Silicon Solutions by jointly
engaging with customers and leveraging their respective capabilities and
strengths.
- Long-term volume framework contract with delivery and acceptance obligations
- Rollout of modern digital control and safety technology [DSTW] and ETCS across Germany
- Approximately
€2.8 billion contract
for the consortium
Siemens
Mobility, in a consortium with the construction company Leonhard Weiss , has
won a significant share of Deutsche Bahn’s (DB) first volume contract for
modern control and safety technology. The contract value for the consortium is
worth around €2.8 billion. The awarding of this volume agreement with a total
volume of €6.3 billion marks a unique development in Germany and secures the capacity
to provide new digital signaling technology with delivery and acceptance
obligations. The first call-offs under the framework agreement are expected to
come as early as spring 2025.
- Order
for 25 three-car and five four-car trains
- ÖBB’s
Mireo fleet will grow to 100 trains
Austrian Federal Railways (ÖBB) has ordered a further 30
Mireo trains for commuter and regional transport from Siemens Mobility. The
procurement, part of the existing framework agreement, supplements the purchase
of 70 trains from the previous year and will bring ÖBB’s Mireo fleet to 100
trains. The Mireo trains in the new order are scheduled to enter passenger
service with ÖBB beginning in 2029.
- Siemens
Mobility to provide components, technical supervision, and training for maintenance
of 58 metro trains
- Significant
40-month contract builds on Siemens' existing technology and expertise for the Sungai
Buloh-Kajang MRT Line
Siemens Mobility today announced that it has been awarded the
technical support and spares contract for the Klang Valley Mass Rapid Transit
(MRT) Line in Kuala Lumpur, Malaysia, by the general contractor SMH Rail. It is
a planned maintenance after the line has been in operation for eight years.
Siemens Mobility will provide components, subsystems, technical supervision,
and staff training to the maintenance provider SMH Rail over a 40-month period.
This contract builds on Siemens' existing technology and expertise for the
Sungai Buloh-Kajang MRT Line, further strengthening the company's presence in
the Malaysian public transportation market.
- New battery power module package enables
environmentally friendly
last-mile operation
- First order for two locomotives equipped with battery
power module
Siemens Mobility has
received its first order for Vectron locomotives equipped with a battery
module. The battery module enables the Vectron to operate for short distances
without an overhead power line, offering an eco-friendly way to cover the
so-called last mile of service and carry out shunting runs without an overhead
line. The energy needed for this is supplied by a high-voltage lithium-ion
battery pack with an intelligent battery management system to control charging
and discharging. Development of this functional package was funded as part of
the federal “Future of Rail Freight Transport” program, aimed at quickly bringing
to market rail innovations that strengthen competitiveness and logistics
capabilities.
- Siemens receives order from Aral pulse to monitor and control charging infrastructure in real-time at 300 Aral electric charging stations in Germany
- Dynamic load management for more than 3,000 ultra-fast chargers enables optimized energy supply
- Open and scalable IoT platform Electrification X can connect electrical systems regardless of location and manufacturer
Siemens
Smart Infrastructure has been awarded a five-year contract by Aral pulse to
deploy Electrification X from the Siemens Xcelerator portfolio for its Aral e-mobility
brand. Using Electrification X allows Aral pulse to centrally operate, optimize
and secure Aral charging stations with ultra-fast electric vehicle charging technology.