Siemens Aktiengesellschaft · XETR:SIE
Siemens Aktiengesellschaft — Siemens — Commerzbank German Investment Seminar 2019
16 slides from Siemens Aktiengesellschaft's conference presentation, Jan 15, 2019
Slide 1: Vision 2020+ Raising the bar
VISION 2020+ Raising the bar Joe Kaeser, President and CEO Commerzbank German Investment Seminar New York, January 15, 2019 Unrestricted © Siemens AG 2019 siemens.com
Slide 2: Notes and forward-looking statements
Notes and forward-looking statements This document contains statements related to our future business and financial performance and future events or developments involving Siemens that may constitute forward-looking statements. These statements may be identified by words such as “expect,” “look forw
Slide 3: FY 2018 - Siemens by the numbers
FY 2018 - Siemens by the numbers Industrial Business (IB) Revenue | Profit margin Power and Gas Building Technologies Digital Factory Revenue €83.0bn €12.4bn €6.6bn €12.9bn €13.4bn IB Profit IB Margin1 3.0% 11.4% 20.0% 16.5% €8.8bn 11.3% Energy Management Mobility Process Industries and Drives Net i
Slide 4: Vision 2020 executed ahead of time
VISION 2020 executed ahead of time VISION 2020 executed Guidance to market Ongoing cost productivity ~€4bn ~€4bn ~€4bn ~5% ~5% ~5% FY 2014 FY 2015 FY 2016 FY 2017 FY 2018 FY 2016 FY 2017 FY 2018 Improved gross margin Project charges (€bn) Ownership culture # of employee shareholders (in thousand) +1
Slide 5: Significant investments into Innovation and Go-2-market
Significant investments into Innovation and Go-2-market Research & Development Investments (CAPEX) Sales expenditures in €bn in €bn in €bn +22% +39% +47% 10.4 8.5 5.6 4.0 3.2 2.2 FY 2013 FY 2018 FY 2013 FY 2018 FY 2013 FY 2018 Unrestricted © Siemens AG 2019 Page 5 New York, January 15, 2019 Commerzb
Slide 6: Vision 2020 delivered reliable shareholder returns
VISION 2020 delivered reliable shareholder returns Continued dividend increase Outperforming DAX +4% CAGR €133 1) 2) €3.30 €3.50 €3.60 €3.70 €3.80 Total return +41% FY 2014 FY 2015 FY 2016 FY 2017 FY2018 DAX: +32% Successful share buyback continued €bn 4.0 Up to 2.9 3.0 3.0 €81 0.2 2012 2014 - 2015
Slide 7: Vision 2020+ raises the bar in aspiration and performance
VISION 2020+ raises the bar in aspiration and performance New Siemens Financial Framework as of April 1, 2019 Siemens (targets over the cycle) Growth Siemens Cash conversion comparable revenue growth Industrial Businesses margin3) Cash conversion rate (CCR) 4 – 5% 11 – 15% CCR = 1 – growth rate4) Ca
Slide 8: Vision 2020+ key principles
VISION 2020+ key principles Embrace entrepreneurial freedom - best in industry Focus Support functions part of Operating Companies Transactional services bundled in Global Business Services Dedicated responsibility and accountability Accountability Clearly defined impact and ambitious financial targ
Slide 9: What's on the CEO's mind for 2019?
What’s on the CEO’s mind for 2019? Deliver on our promises – despite geopolitical volatility Focus the company to create stakeholder value Shape the opportunities of the new industrial world Create a purpose driven organization Unrestricted © Siemens AG 2019 Page 9 New York, January 15, 2019 Commerz
Slide 10: Appendix
Appendix Unrestricted © Siemens AG 2019 Page 10 New York, January 15, 2019 Commerzbank German Investment Seminar
Slide 11: Operating model based on purpose and ownership culture
VISION 2020+ Operating model based on purpose and ownership culture Purpose Businesses Corporate Development Services POC1) 2) Siemens GP SI DI S-A SGRE SHS Financial Operations Services Strategy Internet of Regions Global Things Regional Lead Business Hubs Countries Services next47 Corporate Corpor
Slide 12: Focus and growth drive value creation
VISION 2020+ Focus and growth drive value creation Drivers Mid-term impact • Core markets: business focus leads to market share gains Accelerated • Adjacent markets: tapping growth fields driving structural growth comp. revenue + 2 ppts growth CAGR • Enhancing business mix drives margin quality • Op
Slide 13: Tangible KPIs will define success
Tangible KPIs will define success GOAL KPI • Margin lift at Industrial Businesses + 2 ppts 1 Grow company value • EPS growth > revenue growth1) 2 Sharpen business focus in E-A-D • Accelerated comparable revenue growth + 2 ppts CAGR 3 Be a partner of choice for our customers • > 20% improvement in cu
Slide 14: Outlook FY 2019
Outlook FY 2019 We expect a continued favorable market environment, particularly for our short-cycle businesses, with limited 7.88 risks related to geopolitical uncertainties. 0.76 severance Mid point growth For fiscal 2019, we expect moderate growth in revenue, net of +11% currency translation and
Slide 15: Financial calendar
Financial calendar January 15, 2019 January Commerzbank German Investment Seminar (New York) 2019 January 30, 2019 Q1 Earnings Release and AGM February 2019 March 20, 2019 Bank of America Merrill Lynch Conference (London) March 2019 Unrestricted © Siemens AG 2019 Page 15 New York, January 15, 2019 C
Slide 16: Investor Relations contacts
Investor Relations contacts Investor Relations Internet: www.siemens.com/investorrelations E-Mail: investorrelations@siemens.com Telefon: +49 89 636-32474 Fax: +49 89 636-1332474 Unrestricted © Siemens AG 2019 Page 16 New York, January 15, 2019 Commerzbank German Investment Seminar