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Press Release01 October 2019Siemens AG, Mitsubishi
Heavy IndustriesMunich
Mitsubishi-Hitachi Metals Machinery to acquire Siemens’ stake in Primetals Technologies
Siemens AG
(Berlin and Munich) is a global technology powerhouse that has stood for engineering excellence,
innovation, quality, reliability and internationality for more than 170 years. The company is active
around the globe, focusing on the areas of electrification, automation and digitalization. One of the
largest producers of energy-efficient, resource-saving technologies, Siemens is a leading supplier of
efficient power generation and power transmission solutions and a pioneer in infrastructure solutions
as well as automation, drive and software solutions for industry. With its publicly listed subsidiary
Siemens Healthineers AG, the company is also a leading provider of medical imaging equipment – such as
computed tomography and magnetic resonance imaging systems – and a leader in laboratory diagnostics as
well as clinical IT. In fiscal 2018, which ended on September 30, 2018, Siemens generated revenue of
€83.0 billion and net income of €6.1 billion. At the end of September 2018, the company had around
379,000 employees worldwide. Further information is available on the Internet at
www.siemens.com
.
This document contains statements related to our
future business and financial performance and future events or developments
involving Siemens that may constitute forward-looking statements. These
statements may be identified by words such as “expect,” “look forward to,”
“anticipate,” “intend,” “plan,” “believe,” “seek,” “estimate,” “will,”
“project” or words of similar meaning. We may also make forward-looking
statements in other reports, in presentations, in material delivered to
shareholders and in press releases. In addition, our representatives may from
time to time make oral forward-looking statements. Such statements are based on
the current expectations and certain assumptions of Siemens’ management, of
which many are beyond Siemens’ control. These are subject to a number of risks,
uncertainties and factors, including, but not limited to those described in
disclosures, in particular in the chapter Risks in the Annual Report. Should
one or more of these risks or uncertainties materialize, or should underlying
expectations not occur or assumptions prove incorrect, actual results,
performance or achievements of Siemens may (negatively or positively) vary
materially from those described explicitly or implicitly in the relevant
forward-looking statement. Siemens neither intends, nor assumes any obligation,
to update or revise these forward-looking statements in light of developments
which differ from those anticipated.
This document includes – in the applicable
financial reporting framework not clearly defined – supplemental financial
measures that are or may be alternative performance measures
(non-GAAP-measures). These supplemental financial measures should not be viewed
in isolation or as alternatives to measures of Siemens’ net assets and
financial positions or results of operations as presented in accordance with
the applicable financial reporting framework in its Consolidated Financial
Statements. Other companies that report or describe similarly titled
alternative performance measures may calculate them differently.
Due to rounding, numbers presented throughout
this and other documents may not add up precisely to the totals provided and
percentages may not precisely reflect the absolute figures.
Contact
Mr. Philipp Encz
Siemens AG
Werner-von-Siemens-Straße 1
80333 Munich
Germany
80333 Munich
Germany
+49 (89) 63632934
Corporate Communication Department
Mitsubishi Heavy Industries, Ltd.
+81 3 6275 6200