VN
According to Siemens AG, the business has achieved a record-breaking performance in its business history with full-year revenue increasing by 11% on a comparative basis – excluding the impact of currency conversion and portfolio changes. investment – reaching the highest level in the Company’s growth forecast (9% to 11%).
In fiscal 2023 at Siemens AG: Orders increased 7% to €92.3 billion (compared to fiscal 2022 of €89 billion); Revenue increased 11% to €77.8 billion (compared to fiscal 2022 of €72.0 billion).
Profits from Siemens AG’s industrial business hit a new record of €11.4 billion (compared to fiscal 2022 of €10.3 billion); The profit margin of this business segment also increased to 15.4% (compared to fiscal 2022 of 15.1%).
In addition, the Group’s free cash flow reached a record level of 10 billion euros (compared to fiscal 2022 of 8.2 billion euros); Net profit almost doubled, reaching a historical record high of 8.5 billion Euros (compared to 4.4 billion Euros in fiscal 2022).
Siemens AG shareholders also benefit from the Group’s outstanding business results. The Supervisory and Executive Board proposes to increase the dividend from 4.25 Euros in fiscal 2022 to 4.70 Euros per share.
Sharing about this result, Mr. Roland Busch, President and Global General Director of Siemens AG said, “Fiscal year 2023 is a year in which our company achieved many records: In the industrial business, profits and profit margin reached its highest level ever, and net profit nearly doubled to a record high in history. I sincerely thank all our colleagues around the world for their enormous contribution to these proud results. Our strategy is delivering strong results and we will continue to accelerate digital transformation and sustainability for our customers.”
For fiscal 2024, Siemens AG said it expects revenue growth of 4% to 8% on a comparable basis and underlying earnings per share before accounting for purchase price amortization, excluding investments. investment from Siemens Energy, between 10.40 and 11.00 Euro.
