- About one sixth of all electricity generated worldwide is based on Siemens Energy technology
- Leading portfolio from conventional to renewable energy
- Clear commitment to accelerate profitability by rigorously driving operational excellence, portfolio adjustments and gradually shifting innovation focus towards sustainability and service
- Clear target for Adjusted EBITA margin (before Special Items) of 6.5 to 8.5% for fiscal year 2023
At a virtual capital market day, Siemens Energy, a world leader in energy infrastructure, today laid out its post-spin-off strategy. Siemens Energy is aiming for accelerated profitable growth. Management aims to achieve an Adjusted EBITA margin before Special Items of 6.5% to 8.5% for fiscal 2023. The Executive Board is committed to drive operational excellence, portfolio adjustments to meet market demand and gradually shift the focus of innovation and R&D to sustainability and service.
- Siemens’ lightning information service detected about 329,000 lightning strikes in Germany in 2019 – down 26 percent on 2018
- Germany’s “lightning capital” in 2019 was the city of Speyer in Rhineland-Palatinate
- The fewest strikes were recorded in three Bavarian cities: Hof, Bayreuth and Schweinfurt
- Bavaria was the German state with the most lightning activity in 2019, Potsdam was the leader among state capitals
- The most lightning strikes in 2019 were recorded on June 12
- At European level, Trieste and surrounding area tops the ranking in Siemens’ 2019 lightning atlas
The city of Speyer in the state of Rheinland-Palatinate was Germany’s “lightning capital” in 2019. Siemens’ lightning information service BLIDS (which stands for Blitz-Informationsdienst von Siemens) detected just under 3.1 lightning strikes per square kilometer in Speyer in 2019. The cities of Rostock on the Baltic coast and Lübeck in the state of Schleswig-Holstein took second and third places with 2.6 and 2.5 ground flashes per square kilometer, respectively. Germany’s lowest density of lightning strikes was recorded in the Bavarian cities of Hof and Bayreuth, where considerably fewer than 0.1 lightning strikes per square kilometer were recorded. The Bavarian city of Schweinfurt, which was No. 1 in Siemens’ 2018 lightning atlas, was also at the bottom of the list, recording 0.1 lightning strikes per square kilometer in 2019. With lightning striking just under 2.3 times per square kilometer, Potsdam led the country’s list of state capitals in 2019, followed by the neighboring city of Berlin (rounded off: 2.2). Berlin is also the German state registering the highest lightning density, while Bavaria recorded the highest number of measured ground flashes in 2019. Overall, at 329,000, BLIDS recorded its lowest number of lightning strikes, around 26 percent fewer than in 2018.
- Together, Industry
leaders Siemens and SAP will deliver integrated end-to-end software solutions across
product lifecycle, supply chain and asset management.
- Partnership leverages expertise and technology of both companies to provide
a true digital thread that helps enterprises eliminate process and information siloes,
drives digitalization and delivers a comprehensive solution for the 4th
industrial revolution (Industry 4.0).
- SAP will offer Siemens Teamcenter
software as the core foundation for product lifecycle collaboration and product
data management.
- Siemens will offer SAP® Intelligent
Asset Management solutions and SAP Project and Portfolio Management applications
to maximize business value for customers over the entire product and service lifecycle and enable new collaborative processes between manufacturers and
operators.
Siemens and SAP today
announced a new partnership that will leverage their industry expertise and bring
together their complementary software solutions for product lifecycle, supply
chain and asset management so their customers can deliver new innovation and collaborative
business models that will accelerate industry transformation globally. Through
this agreement, both SAP and Siemens will be able to complement and integrate
their respective offerings in order to offer customers the first truly integrated
and enhanced solutions for product lifecycle management (PLM), supply chain,
service and asset management. This will enable customers to form a true digital
thread integrating all virtual models and simulations of a product or asset with
real-time business information, feedback and performance data over the entire
lifecycle.
The information contained herein is not for publication or distribution, directly or indirectly, in or into any jurisdiction where to do so would be prohibited by applicable law.
- Spin-off approved by 99.36 percent of capital stock represented
- Capital Market Day for Siemens
Energy planned for September 1, 2020
As expected,
a large majority of Siemens shareholders at today’s Extraordinary Shareholders’
Meeting voted to approve the spin-off of the company’s energy business to Siemens
Energy AG. This step paves the way for the establishment of an independent
company rigorously focused on the energy sector. In the future, Siemens AG will
concentrate on Digital Industries, Smart Infrastructure and Siemens Mobility. In total, 61.94 percent of the capital stock of Siemens AG entitled to vote was represented at
the shareholders’ meeting, which was held as a virtual event due to the coronavirus
crisis. Approval of the Spin-off and Transfer Agreement between Siemens AG and Siemens
Energy AG was the only item on the meeting agenda. The agreement was approved by a
majority of 99.36 percent of
the capital stock represented. The highest number of participants following the
Extraordinary Shareholders’ Meeting online was 3,870.
The information contained
herein is not for publication or distribution, directly or indirectly, in or into
any jurisdiction where to do so would be prohibited by applicable law.
- Extraordinary Shareholders’ Meeting to be held in virtual format
- Siemens AG to spin off 55 percent of Siemens Energy to shareholders
- One Siemens Energy share for every two Siemens shares
- Siemens Energy to start with S&P Global investment-grade rating of “BBB”
- Initial listing of new shares planned for September 28, 2020
Siemens shareholders will vote on the spin-off of Siemens AG’s energy business at an Extraordinary Shareholders’ Meeting today. Due to the restrictions imposed on public events by the coronavirus crisis, the shareholders’ meeting will be held in a virtual-only format – that is, without the shareholders or their proxies being present in person. To ensure complete transparency, a livestream at
www.siemens.com/agm-service will provide shareholders and their proxies with audio and video coverage of the entire event via the Internet. Siemens shareholders had until July 7, 2020, to submit questions electronically. The proposal to approve the Spin-off and Transfer Agreement that Siemens AG and Siemens Energy AG concluded on May 22, 2020, is the only item on the meeting agenda.
The information contained
herein is not for publication or distribution, directly or indirectly, in or
into any jurisdiction where to do so would be prohibited by applicable law.
- Long-term “BBB” issuer rating,
outlook stable
- S&P praises low indebtedness and
extensive liquidity
- First listing for Siemens Energy still
planned for September 28, 2020
In its first
credit rating, Siemens Energy AG, which will soon be operating as an
independent entity, has earned a solid investment grade rating from the S&P
Global rating agency (S&P). The company received a long-term issuer rating
of “BBB” with a stable outlook. The raters particularly praised the company’s
broad base in the energy sector, its low level of debt, and its extensive
liquidity.
- Researchers from seven countries recognized for outstanding research
achievements and technologies
- Inventors come from all age groups and
all three Siemens companies
- Capacity for innovation remains high:
23 inventions per workday
- Investments of €4.9 billion in research
and development planned for fiscal 2021
For the 26th time, Siemens has recognized employees as Inventors of the Year to honor their outstanding research achievements. The 22 awardees from the three companies Siemens AG, Siemens Energy and Siemens Healthineers are from China, Germany, France, India, Israel, Spain and the U.S. Individual researchers as well as diverse research and development teams that work internationally were honored with the award.
- Grazia Vittadini from Airbus and
Kasper Rørsted from Adidas are being proposed to Siemens’ shareholders as new Supervisory
Board members
- Jim Hagemann Snabe to be nominated
again as candidate for Supervisory Board chair
- Proposals underscore importance of
diversity, sustainability and digitalization for Siemens’ Supervisory Board
- Election to be for a four-year term
in each case
Siemens is
proposing two candidates for election as new Supervisory Board members by its
shareholders at the Annual Shareholders’ Meeting on February 3, 2021:
Grazia Vittadini (51), Chief Technology Officer and member of the Executive
Committee at Airbus, and Kasper Rørsted (58), CEO of Adidas AG.
- FIA and Siemens extend partnership to provide the ‘FIA Mobility Advocate’— a unique software and hardware toolkit — for FIA Mobility Member Clubs to strengthen advocacy of future transport solutions
As an
“Official Supplier of Urban Mobility Advocacy Solutions” for the Fédération Internationale de l’Automobile (FIA), the governing body of world motor sport and
the federation of the world's leading motoring organisations, Siemens plans to
develop a toolkit of software solutions for FIA Member Clubs to help them
provide an evidence-based approach to advocate for the implementation of mobility
policies and strategies. The ‘FIA Mobility Advocate’ combines modeling for
mobility, autonomous vehicles, and the environment, with enhanced analysis
outputs to help meet current future mobility goals.