Siemens Energy AG · XETR:ENR
Siemens Energy — Q3 2021 Earnings Presentation
16 slides from Siemens Energy's earnings presentation, Aug 4, 2021
Slide 1: Gas and Power on track, SGRE impacted by onshore wind business
Gas and Power on track, SGRE impacted by onshore wind business Q3 2021 Press Call Berlin, August 4, 2021 Christian Bruch, President and CEO Siemens Energy AG Maria Ferraro, CFO Siemens Energy AG Siemens Energy is a trademark licensed by Siemens AG. © Siemens Energy, 2021
Slide 2: Information and forward-looking statements
Information and forward-looking statements This document contains statements related to our future business and financial Siemens Energy neither intends, nor assumes any obligation, to update or revise performance, and future events or developments involving Siemens Energy that these forward-looking
Slide 3: Christian Bruch
Christian Bruch President and CEO Siemens Energy AG Press Call Q3 2021 3 Siemens Energy is a trademark licensed by Siemens AG. © Siemens Energy, 2021
Slide 4: Siemens Energy: Third quarter of fiscal year 2021
Siemens Energy: Third quarter of fiscal year 2021 • Solid performance of segment Gas and Power in Q3, as planned • Weak results at SGRE affect Siemens Energy Financial performance • Orders substantially down due to performance at SGRE and outlook • Revenue on Group level clearly up • Revenue guidanc
Slide 5: Siemens Gamesa Renewable Energy
Siemens Gamesa Renewable Energy • SGRE adjusted profit margin from 3%-5% to (1)%-0% Facts • Headwinds from sharp increase in raw material prices and project costs • Turnaround in onshore business takes more time than expected • New management must consistently implement the measures initiated to Mea
Slide 6: Executing our strategy
Executing our strategy Measures to improve Germany: competitiveness • Negotiations with employer representatives on implementation of measures communicated in February were ended in the previous form • Arbitration board will resolve open topics • Preceding voluntary leaver program will end soon Worl
Slide 7: Recent project orders
Recent project orders Transport Reducing CO2 footprint Low or zero-emission and energy consumption of electricity power generation in industrial processes and storage Leipheim: Remote-controlled gas- SuedOstLink will transport Electrification of biorefinery in Leuna – fired power plant to safeguard
Slide 8: Sustainability program Siemens Energy
Sustainability program Siemens Energy Siemens Energy and IRENA sign partnership agreement • Advancing the energy transition based on renewable energy • Supporting sustainable development goals and climate action by o Advancing decarbonization in heat generation and process industry o Developing busi
Slide 9: Maria Ferraro
Maria Ferraro CFO Siemens Energy AG Press Call Q3 2021 9 Siemens Energy is a trademark licensed by Siemens AG. © Siemens Energy, 2021
Slide 10: Siemens Energy Group at a glance
Siemens Energy Group at a glance Q3 FY21 Adj. EBITA before Orders (in €bn) Revenue (in €bn) Special Items (in €m) (37)% (36)% (comp.1) 9.4 +9% +11% (comp.1) n/a 5.9 7.3 6.7 54 2.3 Services 2.4 Services +6% (213) 4.4 4.8 New unit New unit +10% Q3 FY20 Q3 FY21 Q3 FY20 Q3 FY21 (3.2)% 0.7% Q3 FY20 Q3 FY
Slide 11: Gas and Power at a glance
Gas and Power at a glance Q3 FY21 Adj. EBITA before Orders (in €bn) Revenue (in €bn) Special Items (in €m) +9% +7% +11% (comp.1) +9% (comp.1) 4.5 4.6 4.1 4.3 n/a 1.9 1.8 Services +4% 231 Services 2.4 2.7 (55) New unit +9% New unit (1.3)% -55 5.1% Q3 FY20 Q3 FY21 Q3 FY20 Q3 FY21 Q3 FY20 Q3 FY21 Order
Slide 12: Financial outlook and framework
Financial outlook and framework Actuals Profit forecast 3-year guidance Mid-term target FY19 FY20 FY20 FY21 FY23 Revenue €18.7bn €18.1bn (5)%-(3)% 2%-6% Gas and Power % Growth y-o-y2 (1.4)% (3.1)% Adj. EBITA before Special Items €836m €254m 0%-2% 3.5%-5.5% 6%-8% % Margin before Special Items 4.5% 1.
Slide 13: Christian Bruch
Christian Bruch President and CEO Siemens Energy AG Press Call Q3 2021 13 Siemens Energy is a trademark licensed by Siemens AG. © Siemens Energy, 2021
Slide 14: Energy transition from the perspective of Siemens Energy
Energy transition from the perspective of Siemens Energy Five points to achieve the energy transition Prerequisites for achieving 1. Faster expansion of renewables and grids the climate targets 2. Framework conditions must be suitable 3. No technological taboos 4. Adapting state aid law to requireme
Slide 15: Questions & Answers
Questions & Answers Christian Bruch and Maria Ferraro Press Call Q3 2021 15 August 4, 2021 Siemens Energy is a trademark licensed by Siemens AG. © Siemens Energy, 2021
Slide 16: Financial calendar Press contacts
Financial calendar 2021 2022 4 August 10 November 9 February 24 February Q3 Annual Press Q1 Annual General Meeting FY 2021 Conference FY 2022 2022 Q4 FY 2021 Press contacts Tim Proll-Gerwe Annette von Leoprechting Head of Media Relations Spokesperson Finance siemens-energy.com Mobile: +49 152 2283 5