The Company Siemens AG All rights reserved. siemens.com

Transcription

1 The Company

2 Key figures for the third quarter of fiscal 2015 Siemens at a glance Key figures Siemens (Q Q3 2014) (continuing operations; in millions of, except where otherwise stated) Q Q % Change Volume Orders 19,858 19,110-5 % 1 Revenue 18,844 17,518-3 % 1 Profitability and Capital efficiency Net income 2 1,376 1,399-2 % Return on capital employed (ROCE) % 17.2 % Q Q Liquidity Free Cash Flow ,048 Employees (in thousands) 30 June 2015 Total (continuing operations) 348 Germany 114 Outside Germany Throughout excluding currency translation and portfolio effects. 2 Continuing and discontinued operations. Results of operations (Q3 2015) (in millions of ) Industrial Business Power and Gas Wind Power and Renewables Energy Management Building Technologies Mobility Digital Factory Process Industries and Drives Healthcare (separately managed) Financial Services (SFS) Orders 3, ,464 1,544 2,821 2,536 2,295 3, Revenue 3,213 1,416 2,964 1,496 1,817 2,499 2,509 3, Profit Profit margin 9.0 % 3.6 % 3.7 % 8.0 % 5.8 % 17.4 % 6.6 % 16.9 % 15.7 % 1 1 Return on Equity (RoE). Page 2

3 Key figures for fiscal 2014 Siemens at a glance Key figures Siemens FY 2014 Revenue by industrial business (continuing operations; in millions of, except where otherwise stated) FY 2014 FY 2013 % Change 1 Volume Orders 78,350 79,755 1% Revenue 71,920 73,445 1% Profitability and capital efficiency Net income 2 5,507 4,409 25% Return on capital employed (ROCE) 17.2% 13.7% Healthcare 16% Process Industries and Drives 13% Digital Factory 13% Mobility 10% Power and Gas 18% Wind Power and Renewables 8% Energy Management 15% Building Technologies 8% Liquidity Free cash flow 2 5,201 5,328 (in thousands) Sep. 30, 2014 Sep. 30, 2013 Employees Total (continuing operations) Germany Outside Germany Revenue by region Asia, Australia 20% Not included: Financial Services (SFS) Europe, C.I.S. 3, Africa, Middle East (without Germany) 39% Americas 26% Germany 15% 1 Comparable, excluding currency translation and portfolio effects. 2 Continuing and discontinued operations. 3 Commonwealth of Independent States Page 3

4 Global presence Close to customers all over the world Germany 10.9bn 115, % 33% 24% Share of total worldwide Europe (excluding Germany), CIS, Africa, Middle East 27.9bn 96, % 29% 25% Share of total worldwide Americas 18.8bn 70, % 20% 26% Share of total worldwide Asia, Australia Revenue by customer location Employees as of September 30, 2014 Production facilities with 15 employees 14.4bn 62, % 18% 26% Share of total worldwide All figures refer to continuing operations. CIS: Commonwealth of Independent States. Page 4

5 168 years of history Milestones 1847 Werner von Siemens founds the company 1879 Electric train 1881 Telephone switchboard 1939 Electron microscope 1959 Simatic (electronic automation) 1953 High-purity silicon 1962 Thyristors for energy transmission 1974 Computed tomography scanner 2000 syngo user interface 2000 Wind turbine rotor blades in one cast 2009 World record gas turbine, 370 MW Heart pacemaker 2013 PLM Software 1847 Pointer telegraph 1866 Dynamo 1924 Traffic light 1988 Megabit chip 2010 Biograph mmr 1881 Electric streetcar 1935 Coaxial cable 1965 Integrated circuit 1985 ICE top speed 300 km/h 2015 Somatom Force Page 5

6 Megatrends Challenges that transform our world Digitalization By 2020, the digital universe will reach 44 zettabytes a 10-fold increase from Urbanization By 2050, 70 percent of the world s population will live in cities. (2009: 50 percent) Demographic change The earth s population will increase from 7.3 billion people today to 9.6 billion in Average life expectancy will then be 82 years. Globalization Since 2000, the volume of world trade has nearly doubled. Climate change In 2013, scientists measured the highest CO 2 concentration in the atmosphere in 800,000 years. Page 6

7 Digitalization The great paradigm shifter Physical world Siemens installed base 280k connected devices Virtual world Insights from 16TB+ operations data per month CAx Autonomous fault recovery Traffic management MES Analytics Imaging software Fleet management Smart grids e-tolling Image-guided therapy Meter Data Management Collaboration in the cloud PLM Embedded software Efficient buildings Decision support Digital Factory Neural networks Page 7

8 Digitalisierung Technologies for growth Vertical software Digital services Revenue FY bn Revenue FY bn Mobile and collaboration Digitalization Profitability ++ Profitability +++ Market growth +9% Market growth +15% Connectivity and Internet of Things Enhanced automation Classic services Automation Revenue FY bn Revenue FY bn Cloud technologies Profitability ++ Profitability +++ Market growth +6% Market growth +3% Big data and analytics Electrification Enhanced electrification ~ 37bn Page 8

9 Digitalization New opportunities in the service business Siemens service business ~ 0.5bn Digital services +15% Key priorities in service business Push analytics based services to enhance classic services (e.g., prediction of service needs) Expand remote services (already 280k connected devices) Drive profitable performance-based contracts Optimize delivery to drive service margin ~ 14bn Classic services +3% Market growth (CAGR FY ) Leverage strengths of our global installed base ~120,000 Gas & steam turbines and compressors 1 ~530,000 Healthcare systems in vivo/vitro FY 2014 ~283,000 Mobility systems 1 Incl. Dresser-Rand and former Rolls-Royce Page 9

10 Vision 2020 A clear mission Making real what matters Our mission We make real what matters, by setting the benchmark in the way we electrify, automate and digitalize the world around us. Ingenuity drives us and what we create is yours. Together we deliver. Page 10

11 Vision 2020 A lived ownership culture Equity Supports a sense of long-term, output and profit orientation Values Our foundation Responsible Excellent Innovative Ownership culture People orientation Empowerment and trust Honesty, openness and collaboration Behaviours Respect Focus Initiative and execution Leadership Be bold, decisive and courageous Siemens first Motivate and engage Page 11

12 Vision 2020 Employer of Choice In fiscal 2014, over 9,000 young employees were enrolled in Siemens dual education programs that combine learning in school and learning on the job. Siemens spends over 250 million every year on continuing education for employees. The program allows some 30 young persons from other EU countries to receive a dual education in electronics or mechatronics in Germany. Siemens intends to extend the program to participants from outside the EU in the future. 144,000 employees are also Siemens shareholders. Page 12

13 Vision 2020 A consistent strategy Setting the course Our strategy With our positioning along the electrification value chain, we have know-how that extends from power generation to power transmission, power distribution and smart grid to the efficient application of electrical energy. And with our outstanding strengths in automation, we re well equipped for the future and the age of digitalization. Page 13

14 Vision 2020 Electrification, automation and digitalization Global trends Digital transformation Globalization Urbanization Demographic change Market development (illustrative) Digitalization Automation ~7 9% market growth ~4 6% market growth Electrification ~2 3% market growth Climate change Today Mid term 2020 Power Generation Power Transmission, Distribution & Smart Grid Efficient Energy Application Imaging & In-Vitro Diagnostics Page 14

15 Vision 2020 Selected growth fields Flexible and small gas turbines Digital-twin software Key sectors in process industries Offshore wind power Image-guided therapy and molecular diagnostics Urban and interurban mobility Distribution grid automation and software Business analytics and data-driven services, software and IT solutions Page 15

16 Vision 2020 Seven overarching goals Implement stringent corporate governance Execute financial target system Be a partner of choice for our customers Foster an ownership culture Goal: Cut costs by ~ 1 billion by 2016 Goal: ROCE of 20% to 15% Goal: Growth > most relevant competitors Goal: 20% improvement in Net Promoter Score Goal: 50% increase in the number of employee shareholders Create value sustainably Expand global management Be an employer of choice Goal: Tap growth fields and get underperforming businesses back on track Goal: > 30% of Division and Business Unit management outside Germany Goal: > 75% approval rating in the categories Leadership and Diversity in our global engagement survey Page 16

17 Vision 2020 Milestones for the implementation of our strategy Value Scale up Strengthen core Drive performance Foster ownership culture and leadership based on common values Strategic direction Operational consolidation Optimization Accelerated growth and outperformance Page 17

18 Vision 2020 Innovation is our lifeblood Expenditures for research and development our greatest strength 4.4bn R&D expenditures in FY million more than in FY 2014 Inventions and patents securing our future 28,800 R&D employees 1 University cooperations our knowledge edge Corporate Technology our competence center for innovation and business excellence 7,800 employees worldwide 5,100 software developers 8,600 4,300 inventions 1 patent applications 1 7 CKI universities 15 principal partner universities 1,600 researchers 400 patent experts 1 In fiscal 2014 Employee figures as of May 2015 Page 18

19 Vision 2020 The leadership team Managing Board of Siemens AG Joe Kaeser President and Chief Executive Officer (CEO) Lisa Davis Roland Busch Janina Kugel Labor Director; Chief Diversity Officer Klaus Helmrich Siegfried Russwurm Chief Technology Officer (CTO) Ralf P. Thomas Chief Financial Officer (CFO) Corporate Development Governance & Markets Communications and Government Affairs Legal and Compliance Americas Power and Gas Wind Power and Renewables Power Generation Services Asia Australia Energy Management Building Technologies Mobility Human Resources Africa Europe Digital Factory Process Industries and Drives Corporate Technology CIS 1 Middle East Healthcare 2 Controlling and Finance Corporate Services Financial Services Divisions Willi Meixner CEO Power and Gas Markus Tacke CEO Wind Power and Renewables Randy Zwirn CEO Power Generation Services Ralf Christian CEO Jan Mrosik CEO Energy Management Matthias Rebellius CEO Building Technologies Jochen Eickholt CEO Mobility Anton Huber CEO Digital Factory Jürgen Brandes CEO Process Industries and Drives Bernd Montag CEO Healthcare 2 Roland Chalons- Browne CEO Financial Services 1 Commonwealth of Independent States 2 Separately managed Page 19

20 Vision 2020 A customer-oriented setup Power and Gas Dresser- Rand Business Wind Power and Renewables Energy Management Mobility Digital Factory Process Industries and Drives Building Technologies Healthcare (separately managed) Financial Services Power Generation Services Power Generation Power Transmission and Distribution Efficient Energy Application Imaging & In-vitro Diagnostics Corporate Core Corporate Services 30 Lead Countries Page 20

21 Power and Gas Powerhouse in power generation We offer a broad spectrum of products and solutions for the environmentally compatible and resource-saving generation of electricity from fossil and renewable fuels and for the reliable transport of oil and natural gas. Our customers are utilities, independent power producers and engineering, procurement and construction (EPC) companies as well as businesses in industries such as oil and gas. siemens.com/ar/power-gas FY 2014 FY 2013 Orders in millions of 13,996 15,100 Revenue in millions of 12,720 14,016 Employees (as of September 30, 2014) in thousands Page 21

22 Acquisitions strengthen Oil & Gas business Portfolio across entire value creation chain Onshore Drilling O&G production Pipeline LNG (Liquefied Natural Gas) Siemens Former Rolls-Royce Dresser-Rand Offshore Drilling Subsea FPSO (Floating, Production, Storage and Offloading) Page 22

23 Wind Power and Renewables World market leader in offshore wind power We re one of the leading providers of solutions in the growing field of onshore and offshore wind power. To maximize costefficiency a key factor in the industry we re further optimizing our manufacturing and logistics processes and driving innovations in plant technology. By rigorously adapting our offerings to diverse regional conditions, we provide customers with optimized solutions that precisely meet their market-specific requirements. siemens.com/ar/wind-renewables FY 2014 FY 2013 Orders in millions of 7,759 6,870 Revenue in millions of 5,567 5,382 Employees (as of September 30, 2014) in thousands Page 23

24 Energy Management Partner for efficient energy infrastructure We re one of the world s leading suppliers of products, systems, solutions and services for the economical, reliable and smart transmission and distribution of electrical energy. As a trusted partner for the provision and expansion of efficient, sustainable energy infrastructure, we offer power utilities and industrial companies a portfolio that ranges from systems for low-voltage grids and distribution grids to solutions for smart grids and energy automation systems to power supply systems for industrial plants and high-voltage transmission systems. siemens.com/ar/energy-management FY 2014 FY 2013 Orders in millions of 11,210 11,405 Revenue in millions of 10,708 11,672 Employees (as of September 30, 2014) in thousands Page 24

25 Building Technologies World leader in building technologies We re the world s leading provider of safe, secure, energy-efficient and eco-friendly buildings and infrastructures. As a technology partner, consultant, service provider, systems integrator and product vendor, we have offerings for fire safety, security, building automation, heating, ventilation, air conditioning and energy management. siemens.com/ar/building-technologies FY 2014 FY 2013 Orders in millions of 5,587 5,769 Revenue in millions of 5,569 5,754 Employees (as of September 30, 2014) in thousands Page 25

26 Mobility Transportation solutions for the future We combine all Siemens businesses in the area of passenger and freight transportation including rail vehicles, rail automation systems, rail electrification systems, road traffic technology and IT solutions. Our service offerings maximize vehicle and infrastructure availability. Our end-to-end portfolio is further augmented by turnkey project competencies as well as targeted financing solutions. siemens.com/ar/mobility FY 2014 FY 2013 Orders in millions of 9,280 9,707 Revenue in millions of 7,249 5,823 Employees (as of September 30, 2014) in thousands Page 26

27 Digital Factory Industrie 4.0 partner for manufacturers The Digital Factory Division offers a comprehensive, seamlessly integrated portfolio of leading edge PLM software solutions and automation technologies covering the complete life cycle from product design and production execution to services. This helps manufacturing companies all over the world to enhance the flexibility and efficiency of their processes and reduce time to market. siemens.com/ar/digital-factory FY 2014 FY 2013 Orders in millions of 9,233 8,897 Revenue in millions of 9,201 8,950 Employees (as of September 30, 2014) in thousands Page 27

28 Process Industries and Drives Increased productivity, shorter time to market We re building on our leading market position in the growth field of process industries and drives. With a clear focus on customer requirements now and in the future, we offer products, systems, solutions and services across entire life cycles for all industry sectors. As a trusted partner, we deliver the innovative and integrated technologies and the related industry expertise that ensure our customers competitiveness and sustainable growth. siemens.com/ar/process-industries FY 2014 FY 2013 Orders in millions of 9,968 9,695 Revenue in millions of 9,645 9,834 Employees (as of September 30, 2014) in thousands Page 28

29 Healthcare Next-generation medical technology We re one of the world s largest suppliers of technology for the healthcare industry and a leader in medical imaging, laboratory diagnostics and solutions for the healthcare IT. Since October 1, 2014, Healthcare is separately managed within Siemens. This gives us greater entrepreneurial freedom to tailor our business processes to the needs of customers. Our aim is to help them meet the challenges of a changing business environment and successfully make the transition to next-generation healthcare. siemens.com/ar/healthcare FY 2014 FY 2013 Orders in millions of 12,126 12,338 Revenue in millions of 11,736 11,983 Employees (as of September 30, 2014) in thousands Page 29

30 Financial Services Optimal financial solutions for business customers We re a provider of business-to-business financial solutions. We facilitate customer investments with leasing and equipment solutions as well as project and structured financing. In addition to providing capital for customers of Siemens and other companies, we also serve as an advisor and manager of financial risk within Siemens. Our combined financial and industry know-how creates value for our customers and enhances their competitiveness. By providing accompanying financing, we also build trust in new technologies and enable innovative business models siemens.com/ar/sfs FY 2014 FY 2013 Orders in millions of 21,970 18,661 Revenue in millions of 2,148 1,938 Employees (as of September 30, 2014) in thousands 3 3 Page 30

31 A strong partner, everywhere in the world Germany Siemens will manufacture 82 electric trains for the Rhine-Ruhr Express (RRX) and provide maintenance for 32 years. The total order volume is more than 1.7 billion. Siemens will provide network control technology to the transmission grid operators Amprion and 50 Hertz. The technology will help to integrate the growing number of renewable energy sources, among other things. More than half of the power plants connected to Germany s power grid use Siemens turbines and generators. About 1 percent of jobs in Germany are directly or indirectly linked to Siemens. FY 2014 FY 2013 Revenue (by customer location) in millions of 10,857 10,652 Employees (as of September 30, 2014; continuing operations) in thousands Page 31

32 A strong partner, everywhere in the world Europe, CIS, Africa, Middle East France and Spain: Siemens has built a high voltage direct current (HVDC) transmission link between France and Spain. The transmission system will double the energy exchange capacity between the two countries. Russia: Russian Railways has awarded Siemens contracts to manufacture 240 regional trains and to provide maintenance for 40 years. South Africa: Siemens will provide 157 wind turbines for three projects in the Northern Cape province. Egypt: Siemens will provide high-efficiency power plants and wind power installations for Egypt with a total power generation capacity of 16.4 gigawatts. FY 2014 FY 2013 Revenue (by customer location) in millions of 38,732 39,390 Employees (as of September 30, 2014; continuing operations) in thousands Page 32

33 A strong partner, everywhere in the world Americas United States: Over the past 15 years, Siemens invested nearly US$35 billion in the United States. Canada: For a contract life-time of 15 years, Siemens Healthcare will provide the hospital operator William Osler Health System with a comprehensive suite of management services and solutions for the majority of its medical imaging equipment. The contract is worth 110 million. Brazil: 13 Siemens factories and 8 R&D centers are located in Brazil. Siemens plans to double its revenue in Brazil by FY 2014 FY 2013 Revenue (by customer location) in millions of 18,756 19,644 Employees (as of September 30, 2014; continuing operations) in thousands Page 33

34 A strong partner, everywhere in the world Asia, Australia China: With over 4,500 developers and engineers, 20 research and development facilities and more than 4,900 granted patents in 2014, China is one of Siemens most important research hubs. India: Siemens contributes to India s industrialization with 23 modern factories, 8 Centers of Competence, and 11 R&D centers. Australia: In the state of Queensland, Siemens has built one of Australia's most efficient industrial power stations with an installed total capacity of 242 megawatts. FY 2014 FY 2013 Revenue (by customer location) in millions of 14,433 14,411 Employees (as of September 30, 2014; continuing operations) in thousands Page 34

35 Contact Further information resources Siemens AG CG EI SP Wittelsbacherplatz München Deutschland siemens.com [email protected] Further information: siemens.com/about siemens.com/press siemens.com/investors siemens.com/innovation siemens.com/careers Page 35