Business description: Siemens AG

Siemens AG is one of the world's leading manufacturers of electronic and electro-technical equipments. Net sales break down by family of products as follows:

- medical equipment (29.6%): medical imaging systems, laboratory diagnostics and hearing aid systems, etc.;

- smart building and infrastructure solutions (28.7%): energy transition solutions, HVAC products (heating, ventilation and air conditioning systems), building security systems (fire detection and protection systems, access control, video surveillance and intrusion detection systems, etc.), building management systems, etc.;

- digital industrial equipment (22.1%): automated production, assembly, logistics and monitoring systems, etc.;

- mobility solutions and systems (15.8%): rail vehicles, rail automation systems, rail electrification systems, digital and cloud-based solutions, etc.

The remaining net sales (3.8%) are primarily from financial activities (leasing, equipment and project financing, financial consulting services, etc.).

Net sales are distributed geographically as follows: Germany (14.8%), Europe/Commonwealth of Independent States/Africa/Middle East (32%), the United States (28%), America (4.6%), China (9.1%), Asia and Australia (11.5%).

Number of employees: 3,17,000

Sales by Activity: Siemens AG

Fiscal Period: September 2021 (EUR) 2022 (EUR) 2023 (EUR) 2024 (EUR) 2025 (EUR)

Industrial Businesses (IB) - Siemens Healthineers

1.8TCr 2.17TCr 2.17TCr 2.24TCr 2.34TCr

Industrial Businesses (IB) - Smart Infrastructure

1.5TCr 1.74TCr 1.99TCr 2.14TCr 2.3TCr

Industrial Businesses (IB) - Digital Industries

1.65TCr 1.95TCr 2.19TCr 1.85TCr 1.78TCr

Industrial Businesses (IB) - Mobility

923.2Cr 969.2Cr 1.05TCr 1.14TCr 1.24TCr

Reconciliation Consolidated Financial Statements

-25Cr -20Cr -11Cr 182.9Cr 194.8Cr

Siemens Financial Services (SFS)

70Cr 66Cr 47Cr 41Cr 37Cr

Portfolio Companies (POC)

305.8Cr 323.4Cr 331.3Cr - -

Geographical breakdown of sales: Siemens AG

Fiscal Period: September 2021 (EUR) 2022 (EUR) 2023 (EUR) 2024 (EUR) 2025 (EUR)

Europe, C.I.S., Africa, Middle East (Excluding Germany)

1.88TCr 2.09TCr 2.31TCr 2.28TCr 2.38TCr

United States

1.39TCr 1.77TCr 1.91TCr 2.1TCr 2.24TCr

Germany

1.32TCr 1.35TCr 1.48TCr 1.36TCr 1.42TCr

Asia, Australia (Excluding China)

- - - - 841.1Cr

China

- - - - 663.4Cr

Americas (Excluding U.S.)

252.5Cr 303Cr 359.7Cr 357.5Cr 350.3Cr

Asia & Australia

1.38TCr 1.67TCr 1.72TCr 1.5TCr -

Executive Committee: Siemens AG

Manager TitleAgeSince
Chief Executive Officer 61 03/02/2021
Director of Finance/CFO 65 18/09/2013
Chief Tech/Sci/R&D Officer - -
Compliance Officer - -
Chief Tech/Sci/R&D Officer 50 01/01/2024

Composition of the Board of Directors: Siemens AG

Director TitleAgeSince
Director/Board Member 66 24/01/2008
Director/Board Member 66 24/01/2008
Director/Board Member 57 25/01/2012
Chairman 60 31/01/2018
Director/Board Member 54 27/01/2015
Director/Board Member 72 31/01/2018
Director/Board Member 68 31/01/2018
Director/Board Member 58 31/01/2018
Director/Board Member 55 31/01/2018
Director/Board Member 58 31/01/2019

Shareholders: Siemens AG

NameEquities%Valuation
6 %
4,80,00,000 6 % 14 636 M €
Amundi Asset Management SASU (Investment Management)
2.964 %
2,37,13,975 2.964 % 7 231 M €
2 %
1,60,00,000 2 % 4 879 M €
Goldman Sachs Asset Management BV
0.1575 %
12,59,630 0.1575 % 384 M €
Sjunde AP-fonden
0.1396 %
11,16,918 0.1396 % 341 M €
NameEquities%Valuation
Cardinal Capital Management, Inc.
0.0174 %
2,77,659 0.0174 % 42 M €
David Vaughan Investments LLC
0.0164 %
2,61,867 0.0164 % 40 M €
Sit Investment Associates, Inc.
0.007047 %
1,12,753 0.007047 % 17 M €
Beddow Capital Management, Inc.
0.004472 %
71,555 0.004472 % 11 M €
Altrius Capital Management, Inc.
0.004155 %
66,488 0.004155 % 10 M €

Holdings: Siemens AG

NameEquities%Valuation
75,59,81,924 67.02% 37 926 M $
7,99,30,971 9.28% 13 745 M $
26,70,89,913 75% 9 002 M $
24,92,83,800 70% 6 751 M $
1,60,00,000 2% 4 879 M $
1,97,38,064 14.92% 607 M $

Company details: Siemens AG

Siemens AG

Werner-von-Siemens-Strasse 1

80333, Munich

+49 89 3803 5491

http://www.siemens.de
address Siemens AG(SIE)

Group companies: Siemens AG

NameCategory and Sector
Medical/Nursing Services
Next47 Mid-Tier GP 2023 LP
Next47 Mid-Tier GP 2023 LP
Next47 Mid-Tier GP 2024 LP
Next47 Mid-Tier GP 2024 LP

Other Electrical Components & Equipment

Change 5d. change 1-year change 3-years change Capi.($)
-1.41%-7.68%-3.72%+45.47% 20TCr
-1.82%-8.59%+11.71%+55.30% 16TCr
-1.50%-9.25%+23.37%+96.42% 13TCr
-7.58%-14.69%+225.33%+308.71% 11TCr
-3.92%-12.19%+201.54%+147.47% 9.99TCr
+8.01%+1.35%+234.84%+1,598.57% 9.25TCr
-1.63%-10.59%+21.59%+62.96% 7.78TCr
-0.72%-8.80%+22.77%+58.49% 5.08TCr
-1.74%-10.29%+30.00%+51.20% 4.17TCr
-0.79%-11.16%+35.42%+22.49% 4.16TCr
Average -1.32%-8.41%+80.28%+244.71% 10.12TCr
Weighted average by Cap. -1.51%-8.46%+75.12%+235.26%
Trader
Investor
Global
Quality
ESG MSCI
AAA
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
24
Last Close Price
224.80EUR
Average target price
274.85EUR
Spread / Average Target
+22.27%

Quarterly revenue - Rate of surprise

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