Fiscal 2020: Reliable performance in remarkable times

In addition to the success achieved in its operations, Siemens rigorously drove progress in the execution of its long-term Vision 2020+ strategy in fiscal 2020. The goal was to give the company’s individual businesses significantly more entrepreneurial freedom under the shared strong Siemens brand. Against this backdrop, Siemens spun off and successfully listed its energy business on the stock exchange as Siemens Energy at the end of September. Including Siemens Healthineers and Siemens AG, the Siemens ecosystem now contains three publicly listed companies.

“The Siemens team delivered a strong finish to a remarkable year. While shaping the structure of the new Siemens, our industrial and earnings performance in the quarter was up year over year,” said Joe Kaeser, President and Chief ExecutiveOfficer of Siemens AG. “After the Energy spin-off and the Flender disposal, Siemens is very well positioned to lead the industrial transformation going forward.”

“Even in these challenging times, Siemens has a very solid financial setup,” added Ralf P. Thomas, Chief Financial Officer of Siemens AG. “In fiscal 2020, we increased our free cash flow considerably once again to reach a ten-year high. We also want our shareholders to benefit from our success. At 3.2 percent, Siemens’ dividend yield continues to clearly outpace the industry average. Supported by our share buyback program and the rerating of our share following the spin-off of Siemens Energy, we’re providing our investors with a highly attractive total shareholder return.”

In addition to the success achieved in its operations, Siemens rigorously drove progress in the execution of its long-term Vision 2020+ strategy in fiscal 2020. The goal was to give the company’s individual businesses significantly more entrepreneurial freedom under the shared strong Siemens brand. Against this backdrop, Siemens spun off and successfully listed its energy business on the stock exchange as Siemens Energy at the end of September. Including Siemens Healthineers and Siemens AG, the Siemens ecosystem now contains three publicly listed companies.

“The Siemens team delivered a strong finish to a remarkable year. While shaping the structure of the new Siemens, our industrial and earnings performance in the quarter was up year over year,” said Joe Kaeser, President and Chief ExecutiveOfficer of Siemens AG. “After the Energy spin-off and the Flender disposal, Siemens is very well positioned to lead the industrial transformation going forward.”

“Even in these challenging times, Siemens has a very solid financial setup,” added Ralf P. Thomas, Chief Financial Officer of Siemens AG. “In fiscal 2020, we increased our free cash flow considerably once again to reach a ten-year high. We also want our shareholders to benefit from our success. At 3.2 percent, Siemens’ dividend yield continues to clearly outpace the industry average. Supported by our share buyback program and the rerating of our share following the spin-off of Siemens Energy, we’re providing our investors with a highly attractive total shareholder return.”

In addition to the success achieved in its operations, Siemens rigorously drove progress in the execution of its long-term Vision 2020+ strategy in fiscal 2020. The goal was to give the company’s individual businesses significantly more entrepreneurial freedom under the shared strong Siemens brand. Against this backdrop, Siemens spun off and successfully listed its energy business on the stock exchange as Siemens Energy at the end of September. Including Siemens Healthineers and Siemens AG, the Siemens ecosystem now contains three publicly listed companies.

“The Siemens team delivered a strong finish to a remarkable year. While shaping the structure of the new Siemens, our industrial and earnings performance in the quarter was up year over year,” said Joe Kaeser, President and Chief ExecutiveOfficer of Siemens AG. “After the Energy spin-off and the Flender disposal, Siemens is very well positioned to lead the industrial transformation going forward.”

“Even in these challenging times, Siemens has a very solid financial setup,” added Ralf P. Thomas, Chief Financial Officer of Siemens AG. “In fiscal 2020, we increased our free cash flow considerably once again to reach a ten-year high. We also want our shareholders to benefit from our success. At 3.2 percent, Siemens’ dividend yield continues to clearly outpace the industry average. Supported by our share buyback program and the rerating of our share following the spin-off of Siemens Energy, we’re providing our investors with a highly attractive total shareholder return.”

In addition to the success achieved in its operations, Siemens rigorously drove progress in the execution of its long-term Vision 2020+ strategy in fiscal 2020. The goal was to give the company’s individual businesses significantly more entrepreneurial freedom under the shared strong Siemens brand. Against this backdrop, Siemens spun off and successfully listed its energy business on the stock exchange as Siemens Energy at the end of September. Including Siemens Healthineers and Siemens AG, the Siemens ecosystem now contains three publicly listed companies.

“The Siemens team delivered a strong finish to a remarkable year. While shaping the structure of the new Siemens, our industrial and earnings performance in the quarter was up year over year,” said Joe Kaeser, President and Chief ExecutiveOfficer of Siemens AG. “After the Energy spin-off and the Flender disposal, Siemens is very well positioned to lead the industrial transformation going forward.”

“Even in these challenging times, Siemens has a very solid financial setup,” added Ralf P. Thomas, Chief Financial Officer of Siemens AG. “In fiscal 2020, we increased our free cash flow considerably once again to reach a ten-year high. We also want our shareholders to benefit from our success. At 3.2 percent, Siemens’ dividend yield continues to clearly outpace the industry average. Supported by our share buyback program and the rerating of our share following the spin-off of Siemens Energy, we’re providing our investors with a highly attractive total shareholder return.”