The University of Maastricht has contracted with Siemens Healthcare to deliver and install three powerful, high-field magnetic resonance tomographs (MRT). This order is one of the largest to date in the history of Siemens Healthcare in the Netherlands. The imaging devices will be used by the Brains Unlimited research project of the University of Maastricht. The objective of the project is to further investigate how the human brain functions.
Capital-efficient growth is our aspiration. We have lived up to it. Orders and revenue grew in all regions, particularly in emerging markets. That benefits us in Germany as well. We delivered excellent bottom-line performance and are fully on track to reach the targets we set for fiscal 2011.
In connection with implementing the North European Center for Radio-Oncology in Kiel (NRoCK), the University Hospital Schleswig-Holstein (UKSH) and Siemens AG have signed a declaration of intent to dissolve their existing contracts. Negotiated under the auspices of the Minister of Economy and Science of Schleswig-Holstein, Jost de Jager, the declaration foresees favorable terms for equipping the UKSH with one of Germany's most advanced and efficient centers for the conventional radiotherapy treatment of cancer patients. Work by Siemens to set up a particle therapy facility on the basis of proton and carbon-ion radiation is to be discontinued.
At the General Meeting of Works Councils in Berlin on November 20, the Chairman of the Central Works Council of Siemens AG, Lothar Adler, announced that he will leave the company at the end of May 2014, upon reaching mandatory retirement age. His term of office as a member of the Supervisory Board will end on the same date. Adler is thus no longer willing to extend his employment contract, as he had contemplated earlier.
In fiscal 2011, Siemens generated 8,600 inventions, nearly 40 per working day – a ten percent increase year-over-year. The number of invention reports per Siemens R&D employee (current R&D workforce: 27,800) has doubled in the last ten years. Initial patent applications filed by the company rose to 4,300, nearly 20 per working day – a 15 percent increase over the previous year. In Europe, Siemens was Number 1 in patent applications for the first time. Twelve extremely successful researchers and developers, who were honored in Munich on November 22 with the company's Inventor of the Year Award, made key contributions to this achievement. Altogether, these researchers generated 730 invention reports and 636 individual patents. "Every day, they've demonstrated pioneering spirit, entrepreneurial thinking and international teamwork – exactly the factors we'll need to continue succeeding on the world markets of tomorrow," said Siemens President and CEO Peter Löscher at the awards ceremony. Löscher also announced that Siemens' R&D investments in fiscal 2012 would exceed the previous year's level (€3.9 billion) by about €500 million.
Miguel-Angel López (48), previously the Chief Financial Officer (CFO) of the Industry Automation Division, will become the new CFO of the Industry Sector, effective October 1. The business economist will succeed Ralf Thomas (52), who was appointed Chief Financial Officer of Siemens AG in mid-September 2013. López has served as the CFO of various business areas of Siemens VDO, Automation and Drives, Software and, since 2008, of the Industry Automation Division.
Siemens AG has been ranked the most sustainable company in its industry for the fourth time in a row. In the Dow Jones Sustainability Index (DJSI) – the sustainability rating established by Dow Jones and SAM – Siemens has again taken first place in the Diversified Industrials category, which includes companies like 3M, General Electric, Toshiba and Thyssen Krupp. Out of a possible 100 points, Siemens received 90 – its highest overall rating to date and a further improvement over last year's result of 87 points. The company has now been honored by the DJSI twelve times in a row for its sustainable activities.
Siemens has won the German Sustainability Award 2011 for its strategy. The jury was impressed with the consistency of Siemens' focus on sustainability as one of its most important growth areas. "For Siemens, sustainability is not only a basic ethical principle, but also a question of market and business potential in global competition. It is thanks to our employees that we have received the German Sustainability Award today: with commitment and enthusiasm, they are putting sustainability at Siemens into practice and ensuring its continuation in the future," said Barbara Kux, Member of the Managing Board of Siemens AG and Chief Sustainability Officer.
- Members of the Managing Board make private donations totaling roughly half a million euros
- Siemens contributes an additional half a million euros on behalf of its employees
On behalf of the Managing Board of Siemens AG, the company and its employees, Joe Kaeser, Siemens' President and CEO, presented €1 million to Germany's 'Ein Herz für Kinder' charity for children at a benefit gala in Berlin. The donation is primarily intended to support the charitable organization's efforts to give socially disadvantaged children access to better education and healthcare. "Children are our future, because it is through them that social progress is achieved! For me personally, they're also an inspiration and an example to be followed: they speak their minds openly, and they learn by simply trying things out. And children can't be coerced; a good upbringing entails using the power of persuasion – and that's why kids never cease to amaze me," said Joe Kaeser.
- Revenue slightly above prior-year level
- Book-to-bill ratio again above 1
- Total Sectors profit up four percent
- No economic tailwinds expected in fiscal 2013
Siemens is starting fiscal 2013 with solid figures. Compared to the same period last year, revenue increased slightly in the first quarter due to the good order backlog. Although new orders declined moderately year-over-year, the book-to-bill ratio was again above 1, having been below 1 for the previous three quarters in a row. Total Sectors profit rose four percent. "In an uncertain economic environment, we got off to a solid start in fiscal 2013. For the rest of the year as well, we don't expect any tailwinds from the global economy to help us reach our ambitious goals. Our full attention is on implementing our Siemens 2014 program," said Siemens President and CEO Peter Löscher.