Siemens – Division Fact Sheets Siemens Investor Relations
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Notes and forward-looking statements
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.
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Page 3 Siemens Equity Story – Division Fact Sheets
Siemens by the numbers
Revenue
€83.0bn
IB1 Profit
€9.5bn
IB1 Margin
11.2%
Net Income
€6.2bn
EPS
€7.44
Building Technologies
Mobility
€6.5bn
€0.8bn
12.0%
€8.1bn
€0.7bn
9.2%
Digital Factory
Process Industries
and Drives
€11.4bn
€2.1bn
18.8%
€8.9bn
€0.4bn
5.0%
€13.8bn
€2.5bn
18.1%
€7.9bn
€0.3bn
4.3%
Financial Services
Total Assets: €26.4bn
IBIT: €0.6bn
RoE: 19.9%
Energy Management
€15.5bn
€1.6bn
10.3%
€12.3bn
€0.9bn
7.6%
Power and Gas FY 2017
reported,
before adoption
of IFRS 15
1) IB=Industrial Business
SIEMENS AG
Revenue
Profit
Profit margin
Revenue
Profit
Profit margin
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Division Power and Gas (PG) - Facts and Figures
Key figures
(as reported in millions of € except where
otherwise stated; before adoption of IFRS 15) Fiscal 2017 Fiscal 2016
Comp.
Change in %
Orders 13,422 19,454 (30)%
Revenue 15,467 16,471 (5)%
Profit 1,591 1,872
Profit Margin (Target Range 11-15%) 10.3% 11.4%
Free cash flow 392 1,149
Service
Power Generation
Decentral Central Oil & Gas
Main Competitors
Market* Key Priorities to execute Vision 2020
39%
Although declining, fossil power
generation will continue to be the
backbone of power generation.
Drivers are…
Increasing
Urbanization
More people
living in
cities
Further
Electrifi-
cation
+2.5%
electricity
demand
p.a.
Growing
population
+90 million
people
every
year
Operational excellence: Secure flawless project execution
Continue to be technology leader with highest efficiency
turbines and further push 3D competence center
Productivity: Cost Value Engineering and push platform
concepts
Organization Efficiency: Optimize footprint, regional
organization, division sales
Broad range of compression
equipment and process
solutions
Data driven & responsive
service for maximum
lifecycle performance
Field service support,
maintenance, repairs,
replacements, modernizations
and upgrades of components
Portfolio/ Technology
Small turbines
Aero-derivative & industrial gas
turbines; pre-designed and
industrial steam turbines,
Industrial power plant solutions
(IPPS)
Large turbines
Heavy-duty gas turbines,
generators, utility steam
turbines, power plant solutions
(simple/combined cycle power
plants), instrumentation and
electrical solutions
*Focus markets only
New units
in GW
79
38
73
52
Steam
Gas
90
Ø FY17-20 Ø FY13-16
153
Employees 46,800 48,700
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Division Energy Management (EM) - Facts and Figures
Key figures
(as reported in millions of € except where
otherwise stated; before adoption of IFRS 15) Fiscal 2017 Fiscal 2016
Comp.
Change in %
Orders 13,628 12,963 5%
Revenue 12,277 11,940 3%
Profit 932 895
Profit Margin (Target Range 7-10%) 7.6% 7.5%
Free cash flow 1,002 375
Main Competitors
Market (€ ~112bn) Key Priorities to execute Vision 2020
Portfolio/ Technology
39%
#1 #2 #1 #3 #4 #1
e.g. Bushings,
HV Switchgear,
Circuit breaker
e.g. Power &
Distribution
transformer
e.g. Substation
Solutions; HVDC ,
Grid access
e.g. MV Circuit
breaker, Switchgear
LV Switchboard
e.g. LV breaker
and switching
devices
e.g. Protection
automation, SW,
Control Center
Agility in energy
Totally Integrated
Power
Connecting grids
~ 3%
~ 2%
~ 1%
Growth engines 1) Market growth (CAGR 16–22)
Strengthen project execution & ongoing productivity gains
Expand technological and digital leadership
Dedicated vertical sales & utilize all channels
MindSphere for Energy – accelerated service growth
1) Connecting Grid: Efficient power transmission Interconnection of national transmission grids and integration of renewables
Agility in Energy: Intelligent and flexible energy networks cope with increasing complexity
Totally integrated power: Safe, reliable, and efficient power supply for industry, infrastructure and buildings
Connecting
an all electric
world
Decarbonization
Decentralization
Digitalization
Energy Trends
Smart distribution solutions for the energy transition Source: Market volume based on external studies aggregated for 2017
Employees 53,300 52,400
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Division Building Technologies (BT) - Facts and Figures
Key figures
(as reported in millions of € except where
otherwise stated; before adoption of IFRS 15) Fiscal 2017 Fiscal 2016
Comp.
Change in %
Orders 6,913 6,435 8%
Revenue 6,523 6,156 7%
Profit 784 577
Profit Margin (Target Range 8-11%) 12.0% 9.4%
Free cash flow 820 598
Main Competitors
Key Priorities to execute Vision 2020
Portfolio/ Technology
39%
Growth: Continue executing growth initiatives, ramp-up
new portfolio, invest in sales force & training
Innovation: Continue developing digital portfolio,
especially cloud applications
Culture: Continue improving customer orientation, live
Ownership Culture, be the employer of choice
Operational Excellence: Drive business optimization in
underperforming countries Products & systems Building performance
Energy efficiency
Apps & analytics
Digital services
Savings in energy
and operation cost
IoT solutions
Solutions & services
Security
Market
Product business driven globally, solution & service business regionally
Market indicator: GDP (source: IHS, Sep 2017, CAGR 17 – 23)
Global GDP growing with 3.2%
US with stable forecast above 2%
Europe with improved GDP forecast in the near to mid term
Asia GDP forecast posting solid growth
4.8% 2.3% 2.3%
Integrated building
solutions
Building Automation,
Fire Safety &
Integrated Security
Remote Maintenance
Employees 28,100 27,700
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Division Mobility (MO) - Facts and Figures
Key figures
(as reported in millions of € except where
otherwise stated; before adoption of IFRS 15) Fiscal 2017 Fiscal 2016
Comp.
Change in %
Orders 8,963 7,875 16%
Revenue 8,099 7,825 6%
Profit 743 678
Profit Margin (Target Range 6-9%) 9.2% 8.7%
Free cash flow 1,046 497
Main Competitors
Market (3 years avg.) Key Priorities to execute Vision 2020
Portfolio/ Technology
39%
Grow with digitalization, competitive products and innovative
services
Digitalization for guaranteed asset availability, optimized
capacity profile and enhanced passenger experience
Differentiation with innovative rolling stock
+2.6% p.a.
FY 20/22 FY 17/19
81 73
FY 14/16
70
Source: UNIFE WRMS 2016 comparable, including major project shifts
in €bn
Best-in-class project management and operational excellence
Employees 28,400 27,100
Mobility
Management
Rolling Stock Turnkey Projects &
Electrification
Customer
Services
Products and systems
for rail, road and
intermodal solutions
Complete rail and
road solutions and
rail electrification
solutions
Innovative asset
management and
services for rolling
stock and rail
infrastructure
Rolling stock for
regional and mainline
transport, and
passenger transport in
cities, including product
and system solutions
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Division Digital Factory (DF) - Facts and Figures
Key figures
(as reported in millions of € except where
otherwise stated; before adoption of IFRS 15) Fiscal 2017 Fiscal 2016
Comp.
Change in %
Orders 11,532 10,332 8%
Revenue 11,378 10,172 9%
Profit 2,135 1,690
Profit Margin (Target Range 14-20%) 18.8% 16.6%
Free cash flow 1,963 1,771
Addressed market for Automation and PLM Software from Product Design,
Production Design to Automation and Service along the complete value chain
for Manufacturing Industries.
The market covers a wide range of applications, such as additive manufacturing or
Robotics, and industries, e.g. Automotive, Food & Beverage and Aerospace.
The market satisfies a core demand of all industrial regions and countries.
Main Competitors
Market Key Priorities to execute Vision 2020
39%
Continuously strengthen portfolio (e.g. Mentor Graphics in
March 2017, CD adapco in April 2016)
Further invest in digitalization and drive digitalization of
own processes
Scale up with MindSphere, the cloud-based open IoT
operating system
Grow with focus applications and industries such as
additive manufacturing and aerospace
The offering of DF forms the basis for manufacturers to build their Digital Enterprise.
Offerings are a comprehensive
automation portfolio,
product lifecycle software
and technology-based
services, covering the
value chain from
product design to
manufacturing to service.
Portfolio/ Technology
Total Market €~76bn Market growth
(CAGR 17–22) ~+4%
Source: Market volume based on external studies aggregated for 2017
Employees 51,500 45,000
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Division Process Automation and Drives (PD) – Facts and Figures
Key figures
(as reported in millions of € except where
otherwise stated; before adoption of IFRS 15) Fiscal 2017 Fiscal 2016
Comp.
Change in %
Orders 9,034 8,939 2%
Revenue 8,876 9,038 (1)%
Profit 440 243
Profit Margin (Target Range 8-12%) 5.0% 2.7%
Free cash flow 373 618
Main Competitors
Market Key Priorities to execute Vision 2020
Portfolio/ Technology
39%
Digitalization Automation Electrification
Software for Process
Engineering, Process
Operations and
Simulation
Distributed Control
System and Solution
Ind. Communication
and Power Supplies
Process
Instrumentation
Motors and Drives
Industry Generators
Couplings
Gears
Verticals Regional split
Americas
Asia, Australia
Europe/C.I.S./Africa/ME
Market size: €79bn
Unleash the
power of
the Digital
Enterprise
Drive digitalization and automation in key vertical industries
Provide a combined offering of E-A-D systems, solutions and
lifecycle services
Drive
customer‘s
productivity
PD’s expertise in automation, electrification and digitalization
drives customer benefits with regards to time-to-market,
quality, reliability and safety
Cost out
and reshape
Consolidate manufacturing sites and move to low cost
countries
Increase material productivity
Reduce product complexity based on product platforms
Streamline go-to-market setup
Oil & Gas
Chemicals
Pharma
Water &
Wastewater
Fiber
Marine
Mining
Cement
Wind
Power
Infrastructure
Food & Beverages
Others
2016 (% of total)
Source: Market volume based on external studies aggregated for 2017
Employees 44,800 45,000
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(SHS) - Facts and Figures
Strategic priorities: Capture short-term potential and ensure
market leadership beyond 2025
Key figures
Main Competitors
Market
(as reported in millions of € except where
otherwise stated; before adoption of IFRS 15) Fiscal 2017 Fiscal 2016
Comp.
Change in %
Orders 14,218 13,830 4%
Revenue 13,789 13,535 3%
Profit 2,490 2,325
Profit Margin (Target Range 15-19%) 18.1% 17.2%
Free cash flow 2,153 2,154
Portfolio/ Technology
Source: Siemens Healthineers market model
Employees 47,800 46,200 1) Figures for Imaging and Advanced Therapies for equipment only. Service included in Value Added Services market.
2) Diagnostics market includes Lab Diagnostics, POC Diagnostics and Molecular Diagnostics.
1)
1)
2)
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SGRE on track to global leadership
Main Competitors
Market
Portfolio/ Technology
Key figures
(as reported in millions of € except where
otherwise stated; before adoption of IFRS 15) Fiscal 2017 Fiscal 2016
Comp.
Change in %
Orders 8,768 7,973 (2)%
Revenue 7,922 5,976 7%
Profit 338 464
Profit Margin (Target Range 5-8%) 4.3% 7.8%
Free cash flow (279) 330
1) Figures as reported by Siemens AG; Fiscal 2017: October 2016 – September 2017; Comparable change in %:
Throughout excluding currency translation and portfolio effects
1)
Onshore Offshore Service
#1 in global
Offshore market
#3 in global Onshore
market
#1 in India and LATAM
#2 in service backlog
& in serviced fleet size
84GW installed base
Source: 1) MAKE Q4 2017 2) SGRE estimates 3) MAKE O&M Report 2017 4) 3 year average with the year before and after to avoid big yearly variations
(SGRE ) - Facts and Figures
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Financial Services (SFS) - Facts and Figures
Key Priorities to execute Vision 2020
Key figures
Financial Services at a glance
(as reported in millions of € except where
otherwise stated; before adoption of IFRS 15) Fiscal 2017 Fiscal 2016
IBIT 639 653
Return on Equity before tax (Target Range 15-20%)
19.9% 21.6%
Total Assets 26,390 26,446
Employees 3,200 3,200
SFS is an international provider of business-to-business financial solutions. Our
solutions are based on deep asset expertise in the electrification, automation,
digitalization and healthcare markets.
We are uniquely placed to understand risk, enable opportunity and develop new
business models with the industrial businesses of Siemens.
Serve as enabler for growth, manager of Siemens’
financial risk and contribute value to Siemens with profit
Drive SFS Digitalization initiatives with measurable impact,
including more financing of the digital offering of Siemens
Provide expanded range of advisory services and funding,
e.g. in early development phases
Further enhance increased operational performance and
intensify business model innovations
Commercial finance, e.g. with leasing, extended payment terms, software payment
plans, pay-per-use / -outcome models, energy efficiency financing, contracting
solutions for products and software
Structured and project financing with debt and equity participations in projects that
demonstrate our commitment to our technology
Advisory services for our clients to help them to find financing solutions for their
businesses
Financing support functions for the Siemens group
Portfolio
If you want to know more on Siemens Financial Services please refer also to the Siemens Financial Services Fact & Figures here
SFS’ current portfolio supports
16 GW of wind energy
with financing
In our portfolio we have
financing volumes from
€1,000 over €100,000,000
Digitalization We finance more than
4,000 software projects
SFS has more than
225,000
customers in 55 countries
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Investor Relations contacts
Investor Relations
Internet: www.siemens.com/investorrelations
E-Mail: [email protected]
Telefon: +49 89 636-32474
Fax: +49 89 636-1332474