Siemens Aktiengesellschaft · XETR:SIE
Siemens Aktiengesellschaft — Siemens — JP Morgan Conference London 2019
11 slides from Siemens Aktiengesellschaft's conference presentation, Jun 13, 2019
Slide 1: Vision 2020+ Execution and next steps
Vision 2020+ Execution and next steps Ralf P. Thomas, CFO JP Morgan Conference I London, June 13, 2019 Unrestricted © Siemens 2019
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: New structure in place – entrepreneurial freedom for businesses
#RaisingTheBar New structure in place – entrepreneurial freedom for businesses Vision 2020+ new structure Mid-term target Operating Companies Strategic Companies Accelerated + 2 ppts. POC DI SI GP MO SHS SGRE comp. revenue CAGR growth IoT Margin lift at + 2 ppts. Industrial Business CT / Next47 Serv
Slide 4: Creating a unique Energy and Power company
Transformation Creating a unique Energy and Power company – Focused resource allocation offers attractive opportunities NewCo1) 1. Focus: ▪ ~€30bn Orders ▪ ~4% Adj. EBITA Margin Optimize resource allocation ▪ ~€70bn Order backlog ▪ ~88,000 Employees 2. Accountability: ▪ ~€27bn Revenue Capital Market
Slide 5: Vision 2020+ improves transparency and creates accountability & efficiency
#RaisingTheBar Vision 2020+ improves transparency and creates accountability & efficiency Headcount ~40,000 ~6,500 >20% reductions Pooled but ~1,500 Support Functions in "demand-based", e.g. scope: • Legal Savings: • Finance ~7,500 €500m until FY23, • HR (60% until FY21) • SCM Nucleus for ~3,000 new
Slide 6: Significant cost measures as base for ambitious margin expansion
Significant cost measures as base for ambitious margin expansion Digital Industries Smart Infrastructure Gas and Power ~ €320m ~ €300m ~ €1,000m 1) Cost optimization Operating Companies by FY 2023 by FY 2023 by FY 2023 (50% by 2021) (50% by 2021) (70% by 2021) Restru. cost ~ €300m Restru. cost ~ €30
Slide 7: Further transformation on the path to ultimate value creation
Transformation Further transformation on the path to ultimate value creation Industrial Core Healthcare Operating Companies Strategic Companies POC DI SI GP MO SHS SGRE SI DI SHS IoT CT / Technology Next47 IoT, CT, Next 47 Service Companies Global Business Real Estate Financial MO Services Services
Slide 8: Why to invest in Siemens: Clear roadmap to ultimate value creation
Why to invest in Siemens: Clear roadmap to ultimate value creation I Accountable – New structure, entrepreneurial freedom, growth acceleration and margin expansion II Adaptable – Optionality for Mobility; Healthineers well positioned to shape their markets III Stringent – PE like operational improve
Slide 9: Headwinds from geopolitics impacting economic activity
Headwinds from geopolitics impacting economic activity Weakening of industrial sentiment… Macroeconomic environment PMI Manufacturing 65 Cooling, but still solid momentum EMU USA 60 CN Gradually dissipating policy support 55 50 Growth deceleration, but fundamentals on track 0 2014 2015 2016 2017 201
Slide 10: Financial calendar
Financial calendar June / June 13, 2019 July JPM Conference (London) August 1, 2019 August Q3 Earnings Release September 5, 2019 September Morgan Stanley Conference (London) Unrestricted © Siemens 2019 Page 10 London, June 13, 2019 JP Morgan Conference | Siemens CFO | Ralf P. Thomas
Slide 11: Investor Relations contacts
Investor Relations contacts Investor Relations Internet: www.siemens.com/investorrelations E-Mail: [email protected] Telefon: +49 89 636-32474 Fax: +49 89 636-1332474 Unrestricted © Siemens 2019 Page 11 London, June 13, 2019 JP Morgan Conference | Siemens CFO | Ralf P. Thomas