Siemens AG (SIEGY) closed the latest trading day at $88.28, indicating a +0.96% change from the previous session's end. The stock trailed the S&P 500, which registered a daily gain of 1.23%. Elsewhere, the Dow gained 1.06%, while the tech-heavy Nasdaq added 1.7%.The company's shares have seen a decrease of 5.97% over the last month, not keeping up with the Industrial Products sector's loss of 0.81% and the S&P 500's gain of 0.94%.The investment community will be paying close attention to the earnings perfor ...

Siemens AG (SIEGY) closed the latest trading day at $86.46, indicating a -1.05% change from the previous session's end. This move lagged the S&P 500's daily loss of 0.56%. Meanwhile, the Dow lost 0.25%, and the Nasdaq, a tech-heavy index, lost 0.59%.Heading into today, shares of the company had lost 5.27% over the past month, lagging the Industrial Products sector's loss of 0.85% and the S&P 500's gain of 1.2% in that time.Analysts and investors alike will be keeping a close eye on the performance of Siemen ...

| --- | --- | |----------------------------------------------------------------------------------------------------------------------|-------| | | | | Powerful finish to record fiscal year | | | Roland Busch, CEO Siemens AG | | | Ralf P. Thomas, CFO Siemens AG Unrestricted \| © Siemens 2023 \| Investor Relations \| Q4 Analyst Call \| 2023-11-16 | | | --- | --- | |--------------------------------------------------------------------------------------- ...

Financial Data and Key Metrics Changes - Orders reached €92 billion, up 7% from previous high levels, while revenue grew by 11%, at the upper end of guidance [9] - Free cash flow exceeded €10 billion for the first time, increasing by 23% year-over-year, representing almost 13% cash return on sales [10][73] - Basic earnings per share more than doubled to €9.93, crossing the €10 mark for the first time [10] Business Line Data and Key Metrics Changes - Digital Industries revenue grew by 15% on a comparable basis, with a profit margin of 22.6%, a record high [11] - Infrastructure business grew by 15%, achieving a profitability level of 15.4% [12] - Mobility revenue accelerated by 50%, with annual order intake exceeding €20 billion and a book-to-bill ratio around 2 [12] Market Data and Key Metrics Changes - EMEA region saw a revenue increase of 13%, Americas grew by 11%, while Asia-Australia grew by 4%, impacted by softness in China [18] - Automation orders normalized, with a book-to-bill ratio of 0.83, reflecting a decrease in demand [41] - Revenue growth in automation was driven by strong backlog execution in Europe, with Germany up 18% and Italy 23% [50] Company Strategy and Development Direction - Siemens aims to leverage automation, digitalization, electrification, and sustainability trends to empower customers [5][6] - The company is focused on scaling offerings through the Siemens Xcelerator platform, enhancing partnerships to drive growth [7][20] - A strategic investment of €2 billion is planned to boost innovation and resilience, including a new high-tech manufacturing factory in the U.S. [30][31] Management's Comments on Operating Environment and Future Outlook - Management anticipates a muted global economic development but expects further value creation growth in 2024 [18][77] - The company will remain vigilant and flexible in response to market developments, with a focus on productivity and cost management [17][77] - Despite challenges in growth markets like China, management is confident in maintaining a net positive economic equation for fiscal 2024 [86][87] Other Important Information - The company proposed a dividend of €4.70, reflecting a progressive dividend policy [75] - A new share buyback program of up to €6 billion is planned following the completion of the current program [76] - The SaaS transition in digital industries is on track, with annual recurring revenue growth of 15% in Q4 [27] Q&A Session Summary Question: Regarding the DI margin guidance and potential slower margins - Management acknowledged challenges in growth markets like China and the impact of destocking on margins, highlighting unfavorable exchange rates and product mix as contributing factors [86] Question: What is the outlook for the automation business and software mix? - Management indicated that while there are challenges, they are committed to investing in R&D and expect a pickup in demand in the second half of fiscal 2024 [87]

Siemens Aktiengesellschaft (OTCPK:SIEGY) Q3 2023 Earnings Conference Call August 10, 2023 3:30 AM ET Company Participants Eva Scherer - Head, IR Roland Busch - President & CEO Ralf Thomas - CFO Conference Call Participants Alexander Virgo - Bank of America Ben Uglow - Morgan Stanley Andrew Wilson - JPMorgan Gael de-Bray - Deutsche Bank Simon Toennessen – Jefferies Daniela Costa - Goldman Sachs Philip Buller - Berenberg Operator Good morning, ladies and gentlemen, and welcome to the Siemens 2023 Third Quarte ...

| --- | --- | --- | |---------------------------------------------------------------------------------------|-------|-------| | | | | | | | | | | | | | | | | | | | | | Continued profitable growth and excellent free cash flow | | | | | | | | Roland Busch, CEO Siemens AG Ralf P. Thomas, CFO Siemens AG | | | | | | | | Unrestricted \| © Siemens 2023 \| Investor Relations \| Q3 Analyst Call \| 2023-08-10 | | | Notes and forward-looking statements This document contains statements related to our future business a ...

Financial Data and Key Metrics Changes - Orders increased to €23.6 billion, a growth of 15%, with a record order intake for mobility and a 9% increase in Smart Infrastructure [6][11] - Revenue grew by 15% to over €19 billion, with Digital Industries, Smart Infrastructure, and Mobility each contributing over 20% [7][8] - Industrial business profit reached €2.6 billion, with an EPS pre PPA of €2.56, excluding a noncash effect from Siemens Energy [13][80] Business Line Data and Key Metrics Changes - Digital Industries (DI) saw a revenue increase of 23%, with automation revenue up by 26% [40][43] - Smart Infrastructure (SI) achieved a revenue growth of 21%, driven by a 34% increase in the electrification business [57][58] - Mobility reported a substantial revenue increase of 33%, with orders at €6.2 billion marking an all-time high [68][69] Market Data and Key Metrics Changes - The overall market growth is expected to average 7% annually until 2027, with a significant contribution from software and digital services [16] - In China, revenue growth was 9%, while Germany and Italy saw increases of 37% and 35%, respectively [53][64] - The U.S. market showed strong performance with double-digit growth in both discrete and process automation [53] Company Strategy and Development Direction - The company aims to leverage its order backlog and execution strength to achieve profitable growth, with a focus on digitalization and sustainability [9][16] - Strategic investments will continue in organic growth, targeted acquisitions, and divestments to optimize the portfolio [17][19] - The company is expanding its footprint in the U.S. and Europe, with new facilities and increased capacities [20][21] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the second half of fiscal 2023, raising guidance for revenue growth to 9% to 11% and EPS to €9.60 to €9.90 [11][80] - The macroeconomic environment remains volatile, but the company is well-positioned to capitalize on market opportunities [11][80] - Supply chain constraints have eased, allowing for improved capacity utilization and customer deliveries [7][9] Other Important Information - The SaaS transition in Digital Industries is progressing well, with annual recurring revenue growth of 15% [10][29] - The company is focusing on sustainability and digital transformation, with significant investments in cloud and software solutions [30][31] - A joint venture, Cofinity-X, was established to create a collaborative data network in the automotive industry [35] Q&A Session All Questions and Answers Question: TAM growth and market share ambitions - Management confirmed that the total addressable market (TAM) growth is expected to be 7% by 2027, and the company aims to increase its market share [83][85] Question: Siemens Energy stake and capital allocation - Management stated that they are not in a hurry to sell their stake in Siemens Energy and will provide updates in the annual press conference [87][89] Question: Insights on DI orders and automation - Management indicated that software orders have positively impacted DI, while automation orders are expected to normalize in the coming quarters [96][100] Question: Dynamics in China and inventory management - Management noted that the recovery in China is slow, but they expect normalization of backlog and delivery times to improve in the coming months [110][118]

Siemens AG (OTCPK:SIEGY) Q1 2023 Earnings Conference Call February 9, 2023 2:30 AM ET Company Participants Eva Scherer - Head, IR Roland Busch - President & CEO Ralf Thomas - CFO Conference Call Participants Benedict Uglow - Morgan Stanley Gael de-Bray - Deutsche Bank Andrew Wilson - JPMorgan Chase & Co. Philip Buller - Berenberg James Moore - Redburn Operator Good morning, ladies and gentlemen, and welcome to Siemens 2023 First Quarter Conference Call. As a reminder, the call is being recorded. Before we ...

| --- | --- | |---------------------------------------------------------------------------------------------------------------------------------|-------| | | | | | | | | | | Outstanding performance in fiscal 2022 Strong fourth quarter finish Roland Busch, CEO Siemens AG Ralf P. Thomas, CFO Siemens AG | | | Unrestricted \| © Siemens 2022 \| Investor Relations \| Q4 Analyst Call \| 2022-11-17 | | Notes and forward-looking statements This document contains statements related to our future business and financia ...

Financial Data and Key Metrics Changes - Orders increased by 17%, while revenue grew by 8%, resulting in a book-to-bill ratio of 1.24 and a record order backlog of €102 billion [12][26] - Free cash flow remained strong at €8.2 billion, equating to over 10% cash return on sales, marking the third consecutive year in double-digit territory [13][92] - Earnings per share pre-PPA reached €5.47, aligning with the updated guidance range [13] Business Line Data and Key Metrics Changes - Digital Industries saw a revenue increase of 13%, with profit margins close to the prior year's level, driven by strong performance in the automation business [15] - Smart Infrastructure grew by 10%, achieving profitability at the upper end of guidance [16] - Mobility experienced a 3% revenue growth, maintaining industry-leading profitability despite challenges from the wind down of operations in Russia [16] Market Data and Key Metrics Changes - Revenue growth was broad-based, with Asia and Australia up by 22%, EMEA up by 7%, and the Americas rising by 8% [25] - Digital Industries generated €6.5 billion in revenue for fiscal 2022, with sustainability being a core growth driver across all businesses [19] Company Strategy and Development Direction - Siemens aims to play a leading role in empowering customers to tackle global challenges through digital transformation and sustainability [7][8] - The company is focused on combining real and digital worlds to create substantial value for customers in various sectors, including industry, infrastructure, transportation, and healthcare [8] - Continued investment in R&D is planned, targeting around 8% of revenue to enhance software and digital portfolios [48][98] Management's Comments on Operating Environment and Future Outlook - Management acknowledged geopolitical and economic challenges, including the war in Ukraine and supply chain constraints, but expressed confidence in managing these complexities [10] - The outlook for fiscal 2023 remains positive, with expectations for further value creation growth based on a strong order backlog [22][97] - Management emphasized the importance of agility in responding to macroeconomic developments while maintaining a robust growth trajectory [116] Other Important Information - The company proposed a dividend of €4.25, an increase of €0.25, reflecting a progressive dividend policy [20][95] - Siemens plans to execute a share buyback program totaling €1.8 billion and reduce its share count to 800 million [96] Q&A Session Summary Question: Growth guidance amidst economic projections - Management is confident in converting the existing strong backlog, providing visibility for the next 6 to 9 months, while remaining vigilant about macroeconomic developments [115][116] Question: Digital Industries growth and margins - The backlog in Digital Industries is €13.5 billion, with 70% in automation and 30% in software, indicating strong demand across regions [118] - SaaS transition is progressing well, with a 14% ARR growth and a significant share of new customers [120] Question: Assumptions for short-cycle order growth - Management is monitoring macroeconomic conditions closely and has contingency plans in place, but remains optimistic about the current momentum [116] Question: Cash dynamics and prepayments - There is an extraordinary high level of prepayments, which is expected to normalize with new orders, particularly in China [128][129]