Press Releases

Berlin, Germany, Apr 29, 2009

Earnings Release: Stronger Headwinds, Steady Execution

In view of the deepening crises in the world economy, we are satisfied with our results in the second quarter,” commented Siemens CEO Peter Löscher. “We did particularly well compared to our competitors. The Energy and Healthcare Sectors continued their strong run. In the Industry Sector, short-cycle businesses were again clearly weaker. We introduced measures to safeguard profitability early on. We’ve already made a strong impact with the SG&A reduction program. 

Berlin, Germany, Apr 29, 2009

Siemens to expand position as green infrastructure giant - CEO Löscher: “No one better equipped to lead the green revolution than Siemens”

Siemens intends to rigorously expand its world-leading position as a supplier of ecofriendly products and solutions. “The move to a green economy is a huge opportunity for us,” said Siemens President and CEO Peter Löscher at the company’s Semiannual Press Conference in Berlin. In his speech, Löscher referred to the statements of German President Horst Köhler who, in his fourth Berlin address, called for an “environmental, industrial revolution.” “Technological revolutions have always been our specialty. 

Berlin, Germany, Apr 29, 2009

Siemens to bundle and focus procurement more intensively - CEO Löscher: “We intend to improve long-term cooperation with our suppliers”

Siemens has launched a new supply chain management initiative to significantly improve the efficiency of its cooperation with suppliers. “We’ve been forcefully driving the company’s transformation in order to make Siemens fit for the future. Customers are already seeing the benefits. Now, we intend to improve long-term cooperation with our suppliers,” said Peter Löscher, Siemens President and CEO. 

Berlin, Germany, Apr 29, 2009

Siemens shows robust second-quarter revenue and profit growth

Siemens AG expects, even in the current global recession, that its Total Sectors profit for fiscal 2009 will exceed the prior-year level of €6.6 billion. In the second quarter, Total Sectors profit rose 43% from the prior-year level, to €1.844 billion, led by broad-based profit growth in the Energy Sector. Total Sectors profit thus totaled €3.876 billion for the first six months. In the second quarter, revenue rose 5% to €18.955 billion, driven by growth in the Energy and Healthcare Sectors. While orders of €20.864 billion came in 11% below the prior-year quarter, the book-to-bill ratio remained above 1. 

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