
No forecast for 2020
Siemens is suspending its forecast for 2020. The reason is the current situation. Nevertheless, the company "delivered a robust quarter despite complicated environmental conditions".
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Siemens is suspending its forecast for 2020. The reason is the current situation. Nevertheless, the company "delivered a robust quarter despite complicated environmental conditions".

Joe Kaeser will not be renewing his contract as CEO of Siemens. Roland Busch will take over the position. However, Kaeser will remain with the company.

Discover the value of the Digital Enterprise - this is the motto of this year's Siemens presence at the Hannover Messe. We present the first new products that the company has in store.

Siemens CEO Joe Kaeser looked back on a strong first quarter at the 2017 Annual Shareholders' Meeting: although order intake fell, earnings exceeded the company's own expectations. The 'Digital Factory' division contributed to this in particular.

Siegfried Russwurm, member of the Managing Board of Siemens, will not extend his contract, which expires at the end of March 2017. This decision was made by mutual agreement between Russwurm and the Supervisory Board of Siemens.

Siemens has announced its figures for the third quarter of 2016. On the positive side, earnings in the industrial business increased by 20% compared to the same quarter of the previous year. The negative: Things are anything but going well in the Process Industries & Drives business unit.

Siemens has announced its figures for the first quarter of the new fiscal year: Order intake rose to €22.8 billion - an increase of 22% when adjusted for currency translation effects. The order backlog thus reached a new record level.