Siemens Energy Ag · XETR:ENR
Siemens Energy — BofA Global Industrials Conference 2024
13 slides from Siemens Energy's conference presentation, Mar 21, 2024
Slide 1: Accelerate our journey by delivering profitable growth, fixing the wind business
Accelerate our journey by delivering profitable growth, fixing the wind business and maintaining a solid financial foundation Maria Ferraro, CFO Siemens Energy BofA Global Industrials Conference 2024 London, March 21, 2024 Siemens Energy is a trademark licensed by Siemens AG. © Siemens Energy, 2024
Slide 2: Disclaimer
Disclaimer INFORMATION AND FORWARD-LOOKING STATEMENTS This document contains statements related to our future business and financial performance, and future events or developments involving Siemens Energy that may constitute forward-looking statements. These statements may be identified by words suc
Slide 3: Our mission and key messages
Our mission Key messages Supporting our We have been changing the shape of the company to capitalize on the energy transition customers in transitioning to a more Operational improvements introduced, including the sustainable world, new group structure, have been playing out across Gas Services, Gri
Slide 4: Strong development – well positioned to capitalize on structural trends
Where we are today Energy market Strong development – well positioned to capitalize on structural trends Structural trends Orders Market position3 (in €bn) Gas 11.8 12.9 #2 Large GT Services #2 Industrial GT Growing demand for electricity +1.4%1 globally in 2023 15.8 #2 Products Grid 10.4 Push for l
Slide 5: We deliver tomorrow's technology today
Where we are today Energy market We deliver tomorrow’s technology today Power generation with low or zero emissions F-gas free electricity transport CO2 reduction Gas Services Siemens Gamesa Grid Technologies Transformation of Industry Gas turbine operating with Floating offshore windfarm in Decarbo
Slide 6: Opportunities and risks
Where we are today Energy market Opportunities and risks Capitalizing on opportunities Managing risks 1 Increasing demand • Emerging markets with strong electrification growth • Governmental investment programs 1 Macroeconomic factors • Persistent inflation 2 Adjusted policy frameworks • High intere
Slide 7: Three priorities to deliver shareholder returns
Strategic priorities Three priorities to deliver shareholder returns 01 Deliver 02 Fix 03 Maintain on profitable growth the wind business solid financial foundations • Executing on a record backlog • Progress on Onshore quality issues • Active portfolio management to eliminate with healthy margins a
Slide 8: Key Messages as of Q1 FY24
Key Messages as of Q1 FY24 Highlights • GS, GT and TI continue to take advantage of favorable market trends Q1 FY24 Financial Performance • Siemens Gamesa turnaround plan under execution • Orders: +23.9% comp.1 at €15.4bn • Significant progress in divestment program - return to net cash position • O
Slide 9: Financial outlook confirmed Fiscal Year 2024
Financial outlook confirmed Fiscal Year 2024 FY24 Outlook Revenue Growth1 Profit Margin before SI2 Gas Services (4) – 0% 9 – 11% Grid Technologies 18 – 22% 7 – 9% Transformation of Industry 8 – 12% 5 – 7% Siemens Gamesa 0 – 4% around neg. €2.0bn Siemens Energy 3 – 7% (2) – 1% up to €1bn Net Income i
Slide 10: We energize society
0Oktober 2022 We energize society © Siemens Energy, 2024
Slide 11: Financial Calendar and Contact Investor Relations
Financial Calendar 2024 May 8 Aug 7 Nov 13 Q2 FY24 Q3 FY24 Q4 FY24 Contact Investor Relations Michael Hagmann Harald Albrecht Tobias Hang Head of Investor Relations albrecht.harald@siemens-energy.com tobias.hang@siemens-energy.com michael.hagmann@siemens-energy.com +49 174 1766254 +49 172 5744423 +4
Slide 12: Appendix
Appendix BofA Global Industrials Conference 2024 12 2024-03-21 Siemens Energy is a trademark licensed by Siemens AG. © Siemens Energy, 2024 | Maria Ferraro | CFO
Slide 13: Latest presentations
Latest presentations Capital Markets Day (November 2023) Q1 Fiscal Year 2024 • CEO • Earnings Release and Financial Results • CFO • Presentation Analyst Call • Siemens Gamesa • Gas Services • Grid Technologies • Transformation of Industry • Global Functions BofA Global Industrials Conference 2024 13
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