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Press

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Highlights

Press Event17 May 2023

Second Quarter Results FY 2023

We have released our second quarter results for fiscal year 2023 on May 17, 2023. The Press Conference Call and the Analyst Call have been broadcast live.

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Press Release04 May 2023

125 years of train manufacturing in Krefeld

Siemens Mobility celebrates the 125th anniversary of its Krefeld rail vehicle plant...

Feature20 March 2023

Siemens @ Hannover Messe 2023

Hannover, April 17 to April 21, 2023 On April 17, Cedrik Neike, Member of the Managing Board of Siemens AG and CEO of Siemens Digital Industries, will talk about the solutions Siemens is developing for a smarter and more sustainable industry. These s...

Press Release02 May 2023

Siemens provides automation and building technology for Middle East’s biggest vertical farm

Bustanica, the Dubai-based vertical farming company, requires 95% less water than a conventional plot, and yields more than 1 million kg of produce free of pesticides, herbicides and chemicals...

Press Release26 April 2023

Melbourne Cricket Ground extends Siemens energy performance contract after A$5m savings

New seven-year energy performance contract extension signed between Siemens and Australia’s Melbourne Cricket Club (MCC)...

News17 May 2023

Siemens AG company presentation

May 2023

Press Releases

Press Release19 May 2023

Siemens to acquire Mass-Tech Controls’ EV division, expanding eMobility offering in India

Acquisition to strengthen Siemens’ capability to address fast-growing demand for electric vehicle charging infrastructure in India, expand local market presence, enable creation of export hub
To scale up Siemens’ range of e-mobility solutions in India, complementing its global portfolio
Closing subject to fulfilment of condition precedents as agreed between the parties and receipt of requisite regulatory, statutory and other approvals

Press Release17 May 2023

Earnings Release and Financial Results Q2 FY 2023

Revenue and orders for the second quarter each increased 15% on a comparable basis, excluding currency translation and portfolio effects
On a nominal basis, revenue climbed 14% year-over-year, to €19.4 billion; orders rose 13%, to €23.6 billion, driven by substantially higher volume from large orders in Mobility; the book-to-bill ratio was 1.22
Profit Industrial Business surged 47%, to €2.6 billion, with a profit margin of 14.2%; Digital Industries and Smart Infrastructure both delivered sharp increases and their highest-ever quarterly profit, while Mobility posted a profit compared to a lo...
As a result net income rose to €3.6 billion, also benefiting from reversal of an impairment of Siemens’ stake in Siemens Energy AG resulting in a tax-free gain of €1.6 billion; corresponding basic earnings per share (EPS) were €4.39 and EPS before pu...
Excellent Free cash flow from continuing and discontinued operations, reaching €2.3 billion for the quarter

Press Release17 May 2023