Siemens Energy Ag · XETR:ENR
Siemens Energy — German Investment Seminar 2025
16 slides from Siemens Energy's conference presentation, Jan 14, 2025
Slide 1: German Investment Seminar 2025
German Investment Seminar 2025 Maria Ferraro, CFO Siemens Energy New York, January 2025 Siemens Energy is a trademark licensed by Siemens AG. Unrestricted © Siemens Energy, 2025 1
Slide 2: Siemens Energy
Siemens Energy Our purpose Our mission Our vision Supporting our customers in transitioning To become We energize to a more sustainable world, the most valued based on our innovative society technologies and energy technology our ability to turn ideas into company in the world reality ~1/6 98k €34.5
Slide 3: Siemens Energy has the right portfolio to build the future energy infrastructure
Siemens Energy has the right portfolio to build the future energy infrastructure… €10.8bn €10.0bn Gas Services revenue1 Siemens Gamesa revenue1 Affordable energy Zero emission power generation Low carbon power generation Utility scale Base & peak loading €9.3bn €5.1bn Grid Technologies revenue1 Siem
Slide 4: Serving a broad, global customer base
… serving a broad, global customer base… Regional revenue distribution Revenue (in €bn)1 8 – 10%2 34.5 31.1 TSOs EMEA 18.1 FY23 FY24 FY25e Americas 34.5 Profit margin before SI 10.3 (therein U.S. 6.9) Asia & Australia Project developers 6.1 3 – 5%3 (therein China 1.5) 1.0% Utilities & Industrial -8.
Slide 5: Creating value for shareholders built on strong positioning in attractive markets
… and creating value for its shareholders built on its strong positioning in attractive markets and a resilient business model Shareholder Value Attractive markets Resilient business model Strong positioning Resilient & growing Backlog quality and revenue visibility Leading technologies Electricity
Slide 6: We operate in fast growing markets
We operate in fast growing … Global electricity demand in 1,000 TWh Key market drivers Electricity demand 2024 Forecast1 • Increasing population and living standards Data center upside2 +12 – 15% • Shift to electrification (CAGR 2024-2040: 2.7%) 36 – 39 • Upside from Data Centers up to 4% of global
Slide 7: ... and resilient markets
… and resilient markets Resilient & growing High market entry barriers Customer relations driven “We are incredibly pleased that with 30,000 Siemens Energy we get a long-term, 25,000 strategic partnership, thus ensuring that we can keep up with the dramatic development in Denmark.” 20,000 Covid 2020
Slide 8: Resilient business model
Resilient business model Backlog quality & revenue visibility High service share3 Sustainability/ESG focus Record order backlog of €123bn Sustainable products – €12.2bn in service revenue ambitious scope 3 targets: Downstream emissions -28% by 2030 4 years reach ~ 65% share of GS revenue Upstream em
Slide 9: Strong competitive positioning
Strong competitive positioning Leading technology Global market presence References 98k employees in >90 countries1 ~1/6 of global power generation and transmission is based on SE technology ~1/3 of Europe’s power transmission equipment is based on SE technology Most powerful gas turbine Leading mar
Slide 10: All business areas will contribute to strong growth and strong margin improvement at SE level
All business areas will contribute to strong growth and strong margin improvement at SE level Revenue growth Profit margins Siemens Energy Group: 12 – 14% 9.5% Revenue growth3 Gas Services LSD/MSD HSD/LDD 13 – 15% 10.5% Profit margins Grid Technologies LDD 10 – 12%2 10 – 12% Transformation of 7.4% H
Slide 11: Clear cash flow allocation principles to maximize shareholder value
Clear cash flow allocation principles to maximize shareholder value 1 Backlog execution 2 Balance sheet strength Investment grade rating 3 Capex for additional growth 4 Return to shareholders 40 – 60% of net income 5 R&D and portfolio additions Clear return criteria & strict hurdle rates January 202
Slide 12: We energize society
We energize society
Slide 13: Gas Services – growing in an attractive market
Gas Services – growing in an attractive market Market environment Our Focus Business Performance Gas as cornerstone for the energy Competitive portfolio €45bn of which ~80% Service transition Order backlog2 • Sustain improved gross margins • Technology leadership, cost-out and selectivity • 30% capa
Slide 14: Grid Technologies – fastest growing business with attractive profitability
Grid Technologies – fastest growing business with attractive profitability Market environment Our Focus Business Performance Fast growing market with 12% CAGR Scaling up capacities €33bn • 2 new factories go live in 2026, focus on Order backlog2 effective use of capital Connection of renewables to m
Slide 15: Transformation of Industry – operational excellence and capturing new opportunities
Transformation of Industry – operational excellence and capturing new opportunities Market environment Our Focus Business Performance Accelerate performance improvement ~€8bn of which 30% Service Acceleration of industry Order backlog3 • Turnaround of compression and steam business achieved electrif
Slide 16: Siemens Gamesa – stepwise turnaround, benefitting from continuous growth trend
Siemens Gamesa – stepwise turnaround, benefitting from continuous growth trend Market environment Our Focus – path towards profitability Business Performance Successful service business €38bn of which 50% Service Market to reach 100 GW in FY301 • Maximizing return from installed fleet (>140 GW) Orde