Siemens AG

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

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Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Earnings data Q1 2025

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Siemens AG is a technology company, which engages in the areas of automation and digitalization. It operates through the following segments: Digital Industries, Smart Infrastructure, Mobility, Siemens Healthineers, and Siemens Financial Services. The Digital Industries segment offers a product portfolio and system solutions for automation used in discrete and process industries. The Smart Infrastructure segment includes products, systems, solutions, services and software to support a transition from fossil to renewable energy sources. The Mobility segment combines all Siemens businesses in passenger and freight transportation. The Siemens Healthineers segment develops, manufactures, and sells diagnostic and therapeutic products, and services to healthcare providers. The Siemens Financial Services segment focuses on financing solutions for Siemens’ customers as well as other companies in the form of debt and equity investments. The company was founded by Johann Georg Halske and Werner von Siemens on October 12, 1847 and is headquartered in Munich, Germany.

Registration is open for the inaugural North American eco-conscious manufacturing show. ANAHEIM, CA / ACCESSWIRE / December 19, 2024 / Sustainable Manufacturing Expo, the only North American event dedicated to showcasing the latest technologies and thought leadership for progressing sustainable manufacturing processes, announces Rahul Garg, Vice President, Industrial Machinery at Siemens Digital Industries Software, as the closing keynote speaker for its first-ever event.

Siemens to Present Closing Keynote at Sustainable Manufacturing Expo

PLANO, Texas , Dec. 12, 2024 /PRNewswire/ -- Siemens Digital Industries Software is celebrating the 20th anniversary of its collaboration with Oracle Red Bull Racing, representing one of the longest standing technical partnerships in Formula 1™ today.   "With Siemens, we've got the digital backbone that lets us turn ideas into reality faster than ever.

Siemens and Oracle Red Bull Racing celebrate 20 years of innovation

TURIN, Italy--(BUSINESS WIRE)--Roboverse Reply, the expert in robotics integration scenarios, has developed an end-to-end solution for AI-driven inspection processes in industrial environments together with Siemens, a leading technology company. Leveraging Siemens' "COMOS Mobile Worker", – an app used by organisations to plan and execute service technicians' missions – technicians can now automate complex industrial maintenance tasks using autonomous mobile robots (AMRs) and drones from various.

REPLY: Siemens and Roboverse Reply Automate Inspection Processes With Mobile Robots

Former Nestle and Fresenius SE CEO Mark Schneider could succeed Jim Hagemann Snabe as chairman of the supervisory board of Siemens by 2027 at the latest, Siemens said on Wednesday, proposing Schneider's election.

Siemens proposes former Nestle CEO Schneider as supervisory board head from 2027

The global intelligent transportation system market is set for explosive growth, with projections indicating a surge to $66.35 Billion by 2031. This remarkable expansion, driven by increasing smart city initiatives and infrastructure development across the globe. The global intelligent transportation system market is set for explosive growth, with projections indicating a surge to $66.35 Billion by 2031. This remarkable expansion, driven by increasing smart city initiatives and infrastructure development across the globe.

Intelligent Transportation System Market Skyrockets to $66.35 Billion by 2031 Dominated by Tech Giants - Hitachi, Siemens and DENSO | The Insight Partners

German industrial and technology powerhouse Siemens AG yesterday reported its fiscal 2024 results, which once again underlined the company's excellent positioning, degree of diversification, and operational strength. In this deep dive into Siemens' FY2024 earnings, I focus on segment results, order backlog, profitability and provide an update on the balance sheet in light of the Altair acquisition. I'll point out a caveat related to the free cash flow of Siemens and share a nice — but admittedly somewhat unexpected — surprise for SIEGY stock owners.

Siemens: Solid 2024 Results, With A Caveat (And A Surprise For 2025)

Siemens Aktiengesellschaft (OTCPK:SIEGY) Q4 2024 Earnings Conference Call November 14, 2024 4:00 AM ET Company Participants Tobias Atzler - Senior Manager, IR Roland Busch - President & CEO Ralf Thomas - CFO Conference Call Participants Martin Wilkie - Citi James Moore - Redburn Atlantic Andrew Wilson - JPMorgan Jonathan Mounsey - BNP Paribas Max Yates - Morgan Stanley Ben Uglow - Oxcap Analytics Simon Toennessen - Jefferies Alexander Virgo - Bank of America Merrill Lynch Phil Buller - Berenberg Gael de-Bray - Deutsche Bank Operator Good morning, ladies and gentlemen, and welcome to the Siemens 2024 Fourth Quarter Conference Call. As a reminder, this call is being recorded.

Siemens Aktiengesellschaft (SIEGY) Q4 2024 Earnings Call Transcript

The industrial conglomerate reported a net profit of $2 billion for the fourth quarter, beating market views, after it benefited from high demand for electrical infrastructure driven by data centers.

Siemens Profit Tops Forecasts as Data-Center Demand Offsets Automation Woes

Siemens could cut up to 5,000 jobs worldwide in its struggling factory automation business, Chief Executive Roland Busch said on Thursday.

Siemens to cut up to 5,000 jobs in automation business after downturn

Siemens reported a drop in profit at its industrial business on Thursday and lowered its sales target for next year, citing geopolitical risks like trade conflicts and weak consumer demand.

Siemens flags geopolitical risks ahead after profit falls

Siemens has extended the contract of managing board member Matthias Rebellius for one more year until September 2026, the German company's supervisory board said on Wednesday.

Siemens extends contract of management board member Rebellius

Siemens has the financial muscle for further software acquisitions after its $10.6 billion purchase of U.S. industrial software company Altair , managing board member Cedrik Neike said.

Siemens can make more acquisitions after Altair deal, exec tells paper

Siemens could sell off part of its stakes in Siemens Healthineers , Siemens Energy and Fluence to help fund its $10.6 billion Altair acquisition, Chief Financial Officer Ralf Thomas said on Thursday.

Siemens could sell down stakes in listed companies to fund Altair deal

Siemens AG, Germany's industrial powerhouse, is acquiring US-based Altair Engineering in a $10.6 billion deal, marking Siemens' biggest acquisition since 2020. Siemens aims to bolster its industrial software division by integrating Altair's advanced simulation software, which predicts product performance in real-world scenarios.

Siemens to acquire Altair Engineering for $10.6B, strengthening industrial software division

German industrial giant Siemens announced Wednesday it had acquired software specialist Altair Engineering, valuing the US company at around $10 billion, with the aim of strengthening its position in artificial intelligence.

Siemens acquires AI specialist Altair Engineering

The German industrial giant is acquiring software and technology company Altair, a deal that will increase Siemens's digital business revenue.

Siemens to Buy Altair in $10.6 Billion Equity Deal

Siemens will buy American engineering software firm Altair Engineering in a deal valued at $10.6 billion, the German company said on Wednesday, as it seeks to strengthen its presence in the fast-growing industrial software market.

Siemens to buy engineering software firm Altair in $10.6 bln deal

AUSTIN, Texas--(BUSINESS WIRE)--Siemens and CELUS Collaborate to Simplify AI-Powered PCB Design for SMBs.

Siemens and CELUS Collaborate to Simplify AI-Powered PCB Design for SMBs

W.W. Grainger

SiteOne Landscape Supply

Siemens, W.W. Grainger and SiteOne Landscape Supply have been highlighted in this Industry Outlook article.

Zacks Industry Outlook Siemens, W.W. Grainger and SiteOne Landscape Supply

Persistent weakness in the manufacturing sector clouds the near-term outlook for the Zacks Industrial Services industry. SIEGY, GWW and SITE are expected to navigate the challenges well.

3 Industrial Services Stocks to Consider Amid Industry Challenges

Investors with an interest in Industrial Services stocks have likely encountered both Siemens AG (SIEGY) and W.W. Grainger (GWW).

SIEGY vs. GWW: Which Stock Is the Better Value Option?

DETROIT--(BUSINESS WIRE)--KODE Labs, an innovative leader in autonomous smart building technology has hired Ben Dwyer, an expert in cloud solutions for the built environment, as Senior Vice President of Sales. This strategic appointment comes on the heels of several significant new client wins for KODE Labs including the TJX Companies, Inc. and U.S. General Services Administration. KODE Labs specializes in transforming real estate management and experience through its innovative, data-centric o.

KODE Labs Welcomes Former Siemens Executive Ben Dwyer as Senior Vice President of Sales

Workhorse Group

Electric vehicle (EV) startup standardizes on Teamcenter X and NX to reduce IT overhead, enhance accessibility across development teams and supply chain PLANO, Texas , Oct. 22, 2024 /PRNewswire/ -- Siemens Digital Industries Software announced today that Workhorse Group Inc. (Workhorse), an American technology company focused on pioneering the transition to zero-emission commercial vehicles, has adopted the Siemens Xcelerator portfolio of industrial software, enabling the company to streamline activities across its development teams and supply chain as it builds electric trucks for sustainable last mile delivery.   Workhorse Group launched its lineup of medium-duty electric work trucks with the help of Teamcenter® X software for cloud-based Product Lifecycle Management (PLM) and NX™ software for vehicle product engineering and manufacturing.

Workhorse Group standardizes on Siemens Xcelerator as a Service for sustainable last mile delivery electric trucks

Does Siemens AG (SIEGY) have what it takes to be a top stock pick for momentum investors? Let's find out.

What Makes Siemens AG (SIEGY) a Strong Momentum Stock: Buy Now?

Siemens is looking to its online digital platform Xcelerator to support future growth, including at its factory automation business which has been hit by weakening demand in China and Europe, managing board member Peter Koerte said.

News for Siemens AG Stock (SIEGY)