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• Contract volume 200 Mio. GBP (app. 256 Mio. EUR)
• 25 six-carriage units for London's Great Northern route
• Third order for innovative and flexible Desiro City train platform

Siemens and Govia Thameslink Railway (GTR) have struck a deal worth over £200m to replace its suburban train fleet on the Great Northern route. The 25 climate-controlled six-carriage units (150 vehicles) will be built at the Siemens plant Krefeld, Germany, and will enter service by the end of 2018.

• Siemens rail technology increases headway and throughput
• Transport capacity of 330,000 passengers daily

In Barcelona, the extension of the driverless metro Line 9 has gone into operation. The some 20-kilometer-long line connects the university in the center of the city with Terminal 1 of the El Prat de Llobregat airport. Siemens equipped the line with an automatic train control system for driverless operation. The wireless system for automated train control provides real-time data on train location and speed, increasing headway and passenger capacity.

• Decision on the retirement of 31 million treasury shares

Today, Siemens has started the share buyback announced on November 12, 2015 and plans to buy back shares in an amount of up to €3 billion euro until November 15, 2018 at the latest. In addition, 31 million treasury shares will be retired. This will reduce the capital stock of 881 million to 850 million shares. "With this new share buyback we ensure that our shareholders, in addition to our attractive dividend, will participate continuously in the success of the company," says CFO Ralf P. Thomas.

• Stephan Heimbach leaves the company

A change is ahead in the management of the global communications at Siemens. The current head of Communications and Government Affairs, Stephan Heimbach, will be stepping down from this function as of March 1, 2016. He will remain available to the CEO of Siemens AG, Joe Kaeser, in an advisory capacity on a transitional basis.

• 24 young Europeans in the pilot project Europeans@Siemens have successfully completed their work-study training at the Berlin location
• All the graduates have job offers at Siemens in their home countries

The first students to participate in the pilot project Europeans@Siemens have now successfully completed their training in Berlin and are starting their professional careers. In the fall of 2012, the young Europeans were sent to Berlin by the Siemens Regional Companies in their home countries to train as electronics or mechatronics engineers. The 24 young people from 12 European countries will now be awarded their diplomas in a ceremony at Siemens' Berlin location.

• Vectron type locomotives reach major milestones
• Already the 20th customer to choose Vectron
• 300 locomotives sold so far

The private railway company Lokomotion GmbH has placed an order with Siemens for eight Vectron type multisystem locomotives for operation in Germany, Austria and Italy. In addition to the train protection systems required for these countries the locomotives are to be equipped with the European Train Control System (ETCS). Delivery of the vehicles is scheduled to start in spring 2017. They have a maximum power output of 6,400 KW and a top speed of 200 km/h. These locomotives are to be deployed in cross-border traffic between Germany and Italy.

• Acts of Managing and Supervisory Boards ratified with large majorities
• Dividend proposal of €3.50 per share approved
• Shareholders endorse spin-off and transfer agreement between Siemens AG and Siemens Healthcare GmbH of December 2, 2015

At the Annual Shareholders' Meeting of Siemens AG in Munich, company shareholders approved the early reelection of Nicola Leibinger-Kammüller, Jim Hagemann Snabe and Werner Wenning to additional five-year terms on Siemens' Supervisory Board. This step is intended to ensure continuity – with a view to the long-term, successful implementation of the company's Vision 2020 strategy – beyond the regular election of shareholder representatives to the Supervisory Board in January 2018.

• Major contract wins in Europe and Africa drive first-quarter orders up 27% year-over-year, at €22.8 billion; revenue 8% higher at €18.9 billion, for a book-to-bill ratio of 1.21
• Excluding currency translation effects, orders 22% higher and revenue up 4%
• Industrial Business profit climbs 10% year-over-year, to €2.0 billion, including margin expansion; strong increases in Healthcare, Energy Management and Mobility more than offset declines in Digital Factory, Process Industries and Drives and Wind Power and Renewables
• Net income of €1.6 billion, up 42% from the prior-year quarter which was burdened by factors outside the Industrial Business; basic earnings per share (EPS) of €1.89 compared to €1.30 in Q1 FY 2015
• We raise our previous expectation for basic EPS from net income in the range of €5.90 to €6.20 to the range of €6.00 to €6.40

"We delivered a strong quarter and are well underway in executing our Vision 2020. Therefore, we will raise our earnings outlook for 2016, even though the macroeconomic and geopolitical developments remain a concern for our markets. We continue to focus on addressing our structural challenges in the company and invest into further developing our markets and strengthening our innovation power."