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.
- Orders in the third quarter climb 19 percent
- Order backlog reaches a new high of €102 billion
- Revenue down two percent
- Total Sectors Profit declines due to charges for Siemens 2014
- Net income rises to €1.1 billion
In the third quarter of fiscal 2013, Siemens made progress in strengthening its core business activities. Orders rose considerably on a major contract win. Total Sectors Profit declined due to charges related to the implementation of the Siemens 2014 program. Revenue declined slightly owing to a weak market environment.
- Thomas new Siemens CFO effective immediately
- Helmrich appointed Labor Director as of October 1
Siemens AG has appointed a new CFO with immediate effect and will concentrate responsibilities within the Managing Board as of October 1, 2013. At its meeting today, Siemens' Supervisory Board appointed Ralf Thomas (52) CFO of Siemens AG. Mr. Thomas was previously CFO at the company's Industry Sector. His successor to this position will be announced soon. "With Ralf Thomas, we are gaining an experienced CFO who is very familiar with circumstances at Siemens through his many years of working at the company," said the Chairman of the Siemens Supervisory Board Gerhard Cromme.
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.
To mark the 195th birthday of Werner von Siemens, the Siemens Historical Institute (SHI) is now offering his autobiography in German and English as a so-called iPad app. Eight short stories recreate the adventures of Werner von Siemens, for example in Egypt or the Red Sea, where he was shipwrecked. The individual episodes focus on the inventions and entrepreneurial achievements as well as the exciting life of the electricity pioneer. These entertainingly written memoirs can now be read free of charge on an iPad or at www.siemens.com/recollections.
Siemens will start off fiscal 2012 on October 1, 2011 with a further developed structure. The newly founded Infrastructure & Cities Sector begins operation on that day, as planned. In the future, the operating businesses of Siemens will be organized in the Industry, Infrastructure & Cities, Energy, and Healthcare Sectors. By forming the new Sector, the company plans to be a leading participant in the dynamic growth of cities and infrastructure investments. "We are rigorously focusing our business on growth. Our new setup will put us even closer to our customers. The Infrastructure & Cities Sector will open up additional business opportunities in the growth market of cities," said Peter Löscher, President and CEO of Siemens AG. "Cities face the enormous challenge of reconciling urban growth with a good quality of life. We can offer them comprehensive solutions from one hand to achieve this. In order to better serve the needs of cities, we are focusing the new Sector specifically on cities and infrastructure," stated Roland Busch, CEO of the Infrastructure & Cities Sector.
- 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.