Markus Grabmeier appointed CEO of Electrical Products at Siemens aniko.enderlei… Fri, 05/29/2026 - 15:17 Please use another Browser It looks like you are using a browser that is not fully supported. Please note that there might be constraints on site display and usability. For the best experience we suggest that you download the newest version of a supported browser: Internet Explorer, Chrome Browser, Firefox Browser, Safari BrowserContinue with the current browserPlease allow JavaScriptThis page requires JavaScript in order to be fully functional and displayed correctly. Please enable JavaScript and reload the site. How to enable JavaScript Press Release01 June 2026Smart InfrastructureZug Markus Grabmeier appointed CEO of Electrical Products at Siemens New leadership role effective June 1, 2026 Former CEO Andreas Matthé to retire at the end of September 2026 after successfully leading the business for fifteen years Siemens has appointed Markus Grabmeier as the new Chief Executive Officer (CEO) of its Electrical Products (EP) Business Unit at Smart Infrastructure, effective June 1, 2026. He succeeds Andreas Matthé, who will remain available in an advisory capacity until his transition into retirement at the end of September 2026. Andreas Matthé had been with Siemens for more than 40 years, holding, among other positions, the roles of Vice President of Power Automation and Energy Management Systems at Siemens Ltd. in South Africa and Executive Vice President of Siemens Ltd. in China. From October 2010, he served as CEO of EP and its predecessor organization.  New leadership role effective June 1, 2026 Former CEO Andreas Matthé to retire at the end of September 2026 after successfully leading the business for fifteen years Siemens has appointed Markus Grabmeier as the new Chief Executive Officer (CEO) of its Electrical Products (EP) Business Unit at Smart Infrastructure, effective June 1, 2026. He succeeds Andreas Matthé, who will remain available in an advisory capacity until his transition into retirement at the end of September 2026. Andreas Matthé had been with Siemens for more than 40 years, holding, among other positions, the roles of Vice President of Power Automation and Energy Management Systems at Siemens Ltd. in South Africa and Executive Vice President of Siemens Ltd. in China. From October 2010, he served as CEO of EP and its predecessor organization.  Markus Grabmeier, new CEO Electrical Products at Siemens Smart InfrastructureMarkus Grabmeier has a long-standing career in the electrification industry. He was most recently a member of the Executive Management Committee of Alfanar, based in Riyadh, Saudi Arabia. Before that, he spent almost 14 years in various positions within Siemens. His career at Siemens began in Management Consulting. He then took on roles of increasing responsibility within the Low Voltage and Electrical Products businesses, including Head of New Business Development, General Manager of Siemens Electrical Apparatus Ltd. in Suzhou, China, and Head of global manufacturing. From 2020 to 2023, Grabmeier served as Executive Vice President responsible for China and East Asia at Siemens Electrical Products, based in Shanghai. “I thank Andreas Matthé for his long-term commitment to Siemens and his outstanding leadership and entrepreneurship. He developed with his team our Electrical Products business to an industry benchmark and an important pillar for Siemens. I welcome Markus Grabmeier back to Siemens and wish him success in leading one of our biggest businesses,” said Matthias Rebellius, Member of the Managing Board of Siemens AG, and CEO of Smart Infrastructure. “I’m humbled and honored to rejoin the outstanding Siemens team. I’m looking forward to continuing our success story as an innovation leader in our industry, creating lasting impact for customers and society,” said Grabmeier. With approximately 26,000 people and 25 production sites worldwide, the EP business unit is a global supplier of low-voltage products and software tools for intelligent, safe and efficient electrical power distribution and for switching, protecting, measuring, and monitoring low-voltage power systems. EP has become an industry leader in the use of semiconductors for switching and protecting electrical circuits. This groundbreaking technology enables significantly faster and wear-free switching for superior protection, high multifunctionality and adaptability, improved sustainability and space savings. The business is strategically positioned to capture high-growth opportunities in the all-electric world, data centers, and the energy transition, while helping customers achieve sustainability, safety, and productivity. For this press release PDF DownloadLinks Siemens Smart InfrastructureSiemens Smart Infrastructure (SI) is shaping the market for intelligent, adaptive infrastructure for today and the future. It addresses the pressing challenges of urbanization and climate change by connecting energy systems, buildings, and industries. SI provides customers with a comprehensive end-to-end portfolio from a single source – with products, systems, solutions, and services from the point of power generation all the way to consumption. With an increasingly digitalized ecosystem, it helps customers thrive and communities progress while contributing toward protecting the planet. To protect this journey, we foster holistic cybersecurity to ensure secure and reliable operations. Siemens Smart Infrastructure has its global headquarters in Zug, Switzerland. As of September 30, 2025, the business had around 79,400 employees worldwide. Read moreSiemens AG (Berlin and Munich) is a leading technology company focused on industry, infrastructure, mobility, and healthcare. The company’s purpose is to create technology to transform the everyday, for everyone. By combining the real and the digital worlds, Siemens empowers customers to accelerate their digital and sustainability transformations, making factories more efficient, cities more livable, and transportation more sustainable. A leader in industrial AI, Siemens leverages its deep domain know-how to apply AI – including generative AI – to real-world applications, making AI accessible and impactful for customers across diverse industries. Siemens also owns a majority stake in the publicly listed company Siemens Healthineers, a leading global medical technology provider pioneering breakthroughs in healthcare. For everyone. Everywhere. Sustainably. In fiscal 2025, which ended on September 30, 2025, the Siemens Group generated revenue of €78.9 billion and net income of €10.4 billion. As of September 30, 2025, the company employed around 318,000 people worldwide on the basis of continuing operations. Further information is available on the Internet at www.siemens.com. Read moreReference Number: ContactChristian S. Wilson +49 172 138 5608 [email protected] Contact SiemensGet in touchFollow our global channels Follow Change region Global | English

Siemens and partners develop reference architecture purpose-built for NVIDIA AI data centers aniko.enderlei… Fri, 05/29/2026 - 11:48 Please use another Browser It looks like you are using a browser that is not fully supported. Please note that there might be constraints on site display and usability. For the best experience we suggest that you download the newest version of a supported browser: Internet Explorer, Chrome Browser, Firefox Browser, Safari BrowserContinue with the current browserPlease allow JavaScriptThis page requires JavaScript in order to be fully functional and displayed correctly. Please enable JavaScript and reload the site. How to enable JavaScript Press Release01 June 2026Smart InfrastructureZug Siemens and partners develop reference architecture purpose-built for NVIDIA AI data centers UL-aligned reference architecture developed by Siemens, NVIDIA, and Fluence DSX Vera Rubin AI factory reference design NVL72 focuses infrastructure requirements on speed, efficiency, and reliability Siemens – together with NVIDIA and Fluence, and incorporating nVent-aligned design considerations – has developed an NVIDIA DSX Vera Rubin-aligned reference design that translates NVIDIA’s AI factory vision into a deployable, industrialized electrical, power and controls architecture for hyperscalers, colocation providers, and specialized cloud infrastructure providers. UL-aligned reference architecture developed by Siemens, NVIDIA, and Fluence DSX Vera Rubin AI factory reference design NVL72 focuses infrastructure requirements on speed, efficiency, and reliability Siemens – together with NVIDIA and Fluence, and incorporating nVent-aligned design considerations – has developed an NVIDIA DSX Vera Rubin-aligned reference design that translates NVIDIA’s AI factory vision into a deployable, industrialized electrical, power and controls architecture for hyperscalers, colocation providers, and specialized cloud infrastructure providers. Data center reference design NVL72 focuses infrastructure requirements on speed, efficiency, and reliabilityAs AI factories become more pronounced in the data center industry, next-generation platforms such as NVIDIA Vera Rubin NVL72 are redefining infrastructure requirements, pushing technology to new limits, especially in the domains of power and cooling. Owners and operators of AI factories face a new operating reality characterized by site selection, grid interconnection strategy, capital efficiency, and time to revenue, all while balancing a suite of new and emerging technologies.Sized at a total facility capacity of 136 MW with an IT load of 100 MW, Siemens’ reference design for NVIDIA DSX Vera Rubin NVL72 delivers an end-to-end electrical, power and controls solution, spanning the complete path from the utility connection (nominal 34.5 kV) through medium-voltage distribution, modular low-voltage power blocks, and ultimately to the rack interface. With a baseline architecture targeting Tier III concurrent maintainability, any single component can be removed from service without impacting IT operations. And as it is built on repeatable, scalable electrical building blocks aligned with NVIDIA DSX Vera Rubin deployment units, capacity can be added in phases – supporting initial deployments of tens of megawatts and scaling to hundreds of megawatts or beyond – without fundamental redesign.The reference design incorporates nVent-aligned electrical design parameters to ensure compatibility with NVIDIA workloads and system architectures, with a planned expansion to include advanced thermal management capabilities in a forthcoming supplement."nVent has deployed more than two gigawatts of liquid cooling capacity globally," said Sara Zawoyski, President, nVent Systems Protection. "That operational experience is what allows us to help partners like Siemens translate reference architectures into deployable thermal solutions that perform reliably from day one at this scale. Platforms like NVIDIA Vera Rubin NVL72 are pushing rack densities well beyond what traditional air-cooled infrastructure can support."The DSX Vera Rubin reference design allows AI factory owners and operators to deploy extreme-density AI infrastructure faster, with lower risk and greater predictability, while also preserving long-term flexibility for future IT generations and evolving energy requirements. Designed to support DSX MaxLPS, it enables AI factories to maximize computing output and token production within fixed power envelopes. A core objective is to also compress deployment timelines and reduce execution risk.“Siemens’ deep expertise in power systems and controls engineering, modular infrastructure, protection, and industrialized delivery is really evident in this latest joint reference architecture design,” said Ruth Gratzke, President of Siemens Smart Infrastructure USA. “Our pre-engineered, prefabricated, and factory-tested medium- and low-voltage skids help minimize on-site construction complexity, shorten commissioning cycles, and improve quality, safety, and repeatability across deployments. Further, our automation and digital twin strategies deployed in this reference help ensure that facilities are brought online faster and with greater potential to produce tokens at scale.”As part of the blueprint, Fluence’s battery energy storage provides the flexibility and resilience AI factories need to operate reliably and scale quickly in power-constrained environments. “Our Smartstack platform is central to this new architecture, transforming the grid into an accelerator for compute,” said Jeff Monday, Fluence Chief Growth Officer. “By providing essential capabilities like voltage and frequency ride through, black start, grid demand response, and AI load smoothing, we are enabling our customers to build the AI factories of the future, faster and more reliably.”In addition, the design is tightly integrated with a centralized Integrated Data Center Management Suite, providing a single-pane-of-glass view across power, cooling, and compute infrastructure.  Siemens brings decades of expertise in industrial-grade electrical systems and intelligent infrastructure to the data center sector. Its comprehensive portfolio, from medium- and low-voltage power distribution to advanced automation and energy management software, enables reliable, efficient, and sustainable operation of mission-critical facilities. By combining IoT-enabled hardware, AI apps, cloud-driven software, and comprehensive digital services, Siemens empowers data center operators to accelerate transformation and scale confidently to meet the demanding infrastructure requirements of AI-driven workloads.   For this press release PDF DownloadLinks Siemens Smart InfrastructureSiemens AG (Berlin and Munich) is a leading technology company focused on industry, infrastructure, mobility, and healthcare. The company’s purpose is to create technology to transform the everyday, for everyone. By combining the real and the digital worlds, Siemens empowers customers to accelerate their digital and sustainability transformations, making factories more efficient, cities more livable, and transportation more sustainable. A leader in industrial AI, Siemens leverages its deep domain know-how to apply AI – including generative AI – to real-world applications, making AI accessible and impactful for customers across diverse industries. Siemens also owns a majority stake in the publicly listed company Siemens Healthineers, a leading global medical technology provider pioneering breakthroughs in healthcare. For everyone. Everywhere. Sustainably. In fiscal 2025, which ended on September 30, 2025, the Siemens Group generated revenue of €78.9 billion and net income of €10.4 billion. As of September 30, 2025, the company employed around 318,000 people worldwide on the basis of continuing operations. Further information is available on the Internet at www.siemens.com. Read moreSiemens Smart Infrastructure (SI) is shaping the market for intelligent, adaptive infrastructure for today and the future. It addresses the pressing challenges of urbanization and climate change by connecting energy systems, buildings, and industries. SI provides customers with a comprehensive end-to-end portfolio from a single source – with products, systems, solutions, and services from the point of power generation all the way to consumption. With an increasingly digitalized ecosystem, it helps customers thrive and communities progress while contributing toward protecting the planet. To protect this journey, we foster holistic cybersecurity to ensure secure and reliable operations. Siemens Smart Infrastructure has its global headquarters in Zug, Switzerland. As of September 30, 2025, the business had around 79,400 employees worldwide. Read more About Fluence Fluence Energy, Inc. (Nasdaq: FLNC) is a global market leader delivering intelligent energy storage and optimization software for renewables and storage. The Company's solutions and operational services are helping to create a more resilient grid, from powering the next generation of AI-driven data centers to unlocking the full potential of renewable portfolios. With gigawatts of projects successfully contracted, deployed, and under management across nearly 50 markets, the Company is transforming the way we power our world for a more sustainable future. Read more About nVent nVent is a leading global provider of electrical connection and protection solutions. We believe our inventive electrical solutions enable safer systems and ensure a more secure world. We design, manufacture, market, install and service high performance products and solutions that connect and protect some of the world's most sensitive equipment, buildings and critical processes. We offer a comprehensive range of systems protection and electrical connections solutions across industry-leading brands that are recognized globally for quality, reliability and innovation. Our principal office is in London and our management office in the United States is in Minneapolis. Our robust portfolio of leading electrical product brands dates back more than 100 years and includes nVent CADDY, ERICO, HOFFMAN, ILSCO, SCHROFF and TRACHTE. Read moreReference Number: ContactJessica HumphreySiemens Smart Infrastructure+44 7921 728517 [email protected] EbsenFluence+1-605-645-7486 [email protected] H. KingnVent+1-763-291-0526 [email protected] SiemensGet in touchFollow our global channels Follow Change region Global | English

Siemens launches AI-powered service to further drive autonomous building operations thomas.kuhnlei… Wed, 05/13/2026 - 05:46 Please use another Browser It looks like you are using a browser that is not fully supported. Please note that there might be constraints on site display and usability. For the best experience we suggest that you download the newest version of a supported browser: Internet Explorer, Chrome Browser, Firefox Browser, Safari BrowserContinue with the current browserPlease allow JavaScriptThis page requires JavaScript in order to be fully functional and displayed correctly. Please enable JavaScript and reload the site. How to enable JavaScript Press Release19 May 2026Smart InfrastructureZug, Switzerland Siemens launches AI-powered service to further drive autonomous building operations New AI-enabled managed service – Asset Performance Advanced – senses issues, decides actions, and continuously improves asset performance Improves system lifecycle and reliability, reduces costs and enhances workforce productivity across industries Combines predictive and prescriptive intelligence, AI-enabled workflows and expert guidance to shift from reactive to proactive operations Integrated within the Building X ecosystem, the service turns insights into action Siemens Smart Infrastructure today launched Asset Performance Advanced, a new AI-enabled managed building service. By combining an integrated predictive failure mode classification with advanced fault detection and diagnosis (FDD), the solution helps customers across industries optimize operations, improve energy performance, and enhance occupant comfort. Bringing together predictive intelligence, prescriptive AI, and expert-guided actions, Asset Performance Advanced supports the transition toward human-centric autonomous buildings – enabling them to sense issues, decide actions, and continuously improve performance.  New AI-enabled managed service – Asset Performance Advanced – senses issues, decides actions, and continuously improves asset performance Improves system lifecycle and reliability, reduces costs and enhances workforce productivity across industries Combines predictive and prescriptive intelligence, AI-enabled workflows and expert guidance to shift from reactive to proactive operations Integrated within the Building X ecosystem, the service turns insights into action Siemens Smart Infrastructure today launched Asset Performance Advanced, a new AI-enabled managed building service. By combining an integrated predictive failure mode classification with advanced fault detection and diagnosis (FDD), the solution helps customers across industries optimize operations, improve energy performance, and enhance occupant comfort. Bringing together predictive intelligence, prescriptive AI, and expert-guided actions, Asset Performance Advanced supports the transition toward human-centric autonomous buildings – enabling them to sense issues, decide actions, and continuously improve performance.  Bringing together predictive intelligence, prescriptive AI, and expert-guided actions, Asset Performance Advanced supports the transition toward human-centric autonomous buildings.The solution is built on three core capabilities: predictive, prescriptive, and workflow. It identifies root causes of performance issues, recommends high impact actions to address them, and enables automated, optimized execution across teams. Unlike analytics-only solutions, Asset Performance Advanced not only detects issues but also operationalizes response – combining AI-assisted recommendations, standardized resolution playbooks, and integrated workflows that route tasks to the right teams, supported by Siemens Digital Service Centers. This ensures that insights consistently translate into measurable outcomes.Asset Performance Advanced is designed for industries where uptime and operational reliability are critical – including healthcare, higher education, and commercial real estate – and is supported by intuitive dashboards and expert-led reporting. Healthcare facilities operating around the clock can detect issues early and maintain compliance in critical environments such as operating rooms and patient care areas. Higher education institutions gain portfolio-wide visibility to proactively manage assets across distributed campuses. Commercial real estate owners can improve comfort consistency, meet energy and ESG targets, and enhance both tenant satisfaction and asset value.  “As buildings become more complex and data-rich, the challenge is no longer visibility but translating insights into meaningful impact. At Siemens, our vision is to create human-centric autonomous buildings that continuously adapt to the needs of their occupants while optimizing performance in the background. With Asset Performance Advanced, we are closing the loop between detection, decision, and execution by combining AI, domain expertise, and service delivery to enable more resilient, responsive, and sustainable building operations,” said Brad Haeberle, SVP of Services at Siemens Smart Infrastructure Buildings.Traditional reactive maintenance can cost three to five times more than planned or predictive approaches, often leading to emergency repairs, service disruptions, and occupant dissatisfaction. Asset Performance Advanced moves beyond rule- and alarm-based monitoring by prioritizing issues based on their impact on comfort, energy, and uptime. By leveraging advanced analytics to continuously monitor heating, ventilation, and air conditioning (HVAC) systems and building automation devices, the service enables early detection – before alarms are triggered – while helping teams focus on the highest-value actions.AI-assisted recommendations further extend beyond traditional guidance by determining and initiating optimal workflows. Through standardized resolution playbooks and recurring performance reviews, the service continuously optimizes building portfolios and closes the operational loop – shifting from reactive responses to proactive, outcome-driven decision-making. The service also connects insights directly to execution through integrated digital workflows delivered via the Siemens Customer Interaction Portal. Issues are automatically prioritized and routed to the appropriate teams – whether in–house or to Siemens Digital Service Centers – enabling customers to act faster and more efficiently with fewer resources.Asset Performance Advanced further expands Siemens' automation services portfolio and is integrated within the Building X ecosystem. Building X is a digital building platform that supports customers to digitalize, manage, and optimize their building operations.For this press release PDF DownloadLinks Asset Performance Advanced Siemens Smart Infrastructure Siemens Smart Infrastructure (SI) is shaping the market for intelligent, adaptive infrastructure for today and the future. It addresses the pressing challenges of urbanization and climate change by connecting energy systems, buildings, and industries. SI provides customers with a comprehensive end-to-end portfolio from a single source – with products, systems, solutions, and services from the point of power generation all the way to consumption. With an increasingly digitalized ecosystem, it helps customers thrive and communities progress while contributing toward protecting the planet. To protect this journey, we foster holistic cybersecurity to ensure secure and reliable operations. Siemens Smart Infrastructure has its global headquarters in Zug, Switzerland. As of September 30, 2025, the business had around 79,400 employees worldwide.    Read moreSiemens AG (Berlin and Munich) is a leading technology company focused on industry, infrastructure, mobility, and healthcare. The company’s purpose is to create technology to transform the everyday, for everyone. By combining the real and the digital worlds, Siemens empowers customers to accelerate their digital and sustainability transformations, making factories more efficient, cities more livable, and transportation more sustainable. A leader in industrial AI, Siemens leverages its deep domain know-how to apply AI – including generative AI – to real-world applications, making AI accessible and impactful for customers across diverse industries. Siemens also owns a majority stake in the publicly listed company Siemens Healthineers, a leading global medical technology provider pioneering breakthroughs in healthcare. For everyone. Everywhere. Sustainably. In fiscal 2025, which ended on September 30, 2025, the Siemens Group generated revenue of €78.9 billion and net income of €10.4 billion. As of September 30, 2025, the company employed around 318,000 people worldwide on the basis of continuing operations. Further information is available on the Internet at www.siemens.com. Read moreReference Number: ContactSilke Federspieler  +49 174 1551579 [email protected] SiemensGet in touchFollow our global channels Follow Change region Global | English

Siemens acquires key businesses of MERMEC to strengthen its global rail technology portfolio aniko.enderlei… Mon, 05/11/2026 - 08:35 Please use another Browser It looks like you are using a browser that is not fully supported. Please note that there might be constraints on site display and usability. For the best experience we suggest that you download the newest version of a supported browser: Internet Explorer, Chrome Browser, Firefox Browser, Safari BrowserContinue with the current browserPlease allow JavaScriptThis page requires JavaScript in order to be fully functional and displayed correctly. Please enable JavaScript and reload the site. How to enable JavaScript Press Release14 May 2026Siemens MobilityMunich Siemens acquires key businesses of MERMEC to strengthen its global rail technology portfolio  Acquisition of key businesses of the MERMEC Group, an Italian high-tech leader in railway signaling, diagnostics, and measurement technologies Expansion of Siemens Mobility´s industrial footprint in Italy within its world-leading global signaling business Significant strengthening of Siemens Mobility´s global diagnostic portfolio Accretive to Siemens' revenue growth target; within Mobility's target margin range by year two post-closing Site in Matera to become an industrial hub for next‑generation diagnostics Siemens Mobility has signed an agreement to acquire several key businesses of MERMEC Group, an Italian high-tech leader in railway signaling, electrification, diagnostics, and measurement technologies. The transaction will significantly strengthen Siemens’ global rail portfolio, with a particular focus on diagnostics and measurement technologies, while further expanding its signaling activities, industrial footprint, and market access in Italy. The parties have agreed not to disclose the financial terms of the transaction. Closing of the transaction is subject to customary conditions and is expected by the end of calendar year 2026. Acquisition of key businesses of the MERMEC Group, an Italian high-tech leader in railway signaling, diagnostics, and measurement technologies Expansion of Siemens Mobility´s industrial footprint in Italy within its world-leading global signaling business Significant strengthening of Siemens Mobility´s global diagnostic portfolio Accretive to Siemens' revenue growth target; within Mobility's target margin range by year two post-closing Site in Matera to become an industrial hub for next‑generation diagnostics Siemens Mobility has signed an agreement to acquire several key businesses of MERMEC Group, an Italian high-tech leader in railway signaling, electrification, diagnostics, and measurement technologies. The transaction will significantly strengthen Siemens’ global rail portfolio, with a particular focus on diagnostics and measurement technologies, while further expanding its signaling activities, industrial footprint, and market access in Italy. The parties have agreed not to disclose the financial terms of the transaction. Closing of the transaction is subject to customary conditions and is expected by the end of calendar year 2026. “By combining MERMEC’s technological expertise and market access with Siemens Mobility’s global presence and technology leadership, we are strengthening our capabilities in diagnostics, asset-intelligence and signaling capabilities. This step expands our industrial footprint in Italy within our world-leading signaling business and significantly enhances our global diagnostics portfolio,” said Michael Peter, CEO of Siemens Mobility. “Formally, I have been retired for nine months; at present, my health is not at its best, and my children are pursuing their own independent paths with their companies. For this reason, I sought a very solid group in the sector, in order to guarantee a secure future for my valued colleagues, who have contributed to making MERMEC the company it is today, wherever they may be. Becoming part of Siemens will offer them a global environment, strongly focused on innovation and sustainable growth. The transaction will help me invest in the other companies within my industrial holding, as well as contribute to the growth of businesses in Southern Italy that need to develop and create new high-quality employment,” said Vito Pertosa, President of Angelo Holding. The acquisition will further strengthen the competitiveness and resilience of Siemens’ global rail infrastructure portfolio, supporting its long-term strategy and investments in the growing railway market. The integration of Siemens’ expertise in urban signaling with MERMEC’s strong presence in Italy’s mainline railway infrastructure will support the modernization and digitalization of the national rail network in Italy.Siemens Mobility’s customers will benefit from an expanded service offering that combines Siemens’ asset intelligence and diagnostics capabilities (onboard and depot‑based) with MERMEC’s advanced portfolio of diagnostic vehicles equipped with measurement systems and software for railway infrastructure inspection. The result will be a scalable diagnostics and analytics platform with global reach through Siemens Mobility’s worldwide footprint and established customer base.MERMEC’s employees, all sites, and industrial capabilities will become part of Siemens Mobility’s global innovation ecosystem, which includes the key strategic asset of the Ferrosud site in Matera. Siemens expects to achieve meaningful synergies, especially from cross-selling and from expanding the integrated portfolio. The transaction is expected to be EPS (pre-PPA) accretive by year two post-closing. Founded in 1970 and headquartered in Monopoli, Italy, MERMEC Group is a leading Italian provider of railway signaling systems for mainline rail networks, digital diagnostics technologies for railway applications, and high-precision measurement trains. The group operates in the railway sector across signaling, electrification, diagnostics, digital asset analytics platforms, and advanced inspection technologies.The acquisition covers MERMEC’s key businesses in Italian wayside signaling, electrification, telecommunication, diagnostics, analytics, and worldwide data infrastructure, while excluding MERMEC’s investments in Angelstar S.r.l., Mont Saint Michel S.A.S. with its subsidiary Compagnie des Signaux S.A.S. and MERMEC Deutschland. With around 1,700 employees, these key businesses serve customers in over 70 countries, having generated revenue of approximately EUR 430 million in FY25.For this press release PDF DownloadSiemens Mobility is a separately managed company of Siemens AG. As a leader in intelligent transport solutions for more than 175 years, Siemens Mobility is constantly innovating its portfolio. Its core areas include rolling stock, rail automation and electrification, a comprehensive software portfolio, turnkey systems as well as related services. With digital products and solutions, and the use of industrial AI, Siemens Mobility is enabling mobility operators worldwide to make their infrastructure intelligent, increase value sustainably over the entire lifecycle, enhance passenger experience, and guarantee availability. In fiscal year 2025, which ended on September 30, 2025, Siemens Mobility posted revenue of €12.4 billion and employed around 43,400 people worldwide. Further information is available at: www.siemens.com/mobility Read moreNotes 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 forward to,” “anticipate,” “intend,” “plan,” “believe,” “seek,” “estimate,” “will,” “project” or words of similar meaning. We may also make forward-looking statements in other reports, in prospectuses, in presentations, in material delivered to shareholders and in press releases. In addition, our representatives may from time to time make oral forward-looking statements. Such statements are based on the current expectations and certain assumptions of Siemens’ management, of which many are beyond Siemens’ control. These are subject to a number of risks, uncertainties and factors, including, but not limited to those described in disclosures, in particular in the chapter Report on expected developments and associated material opportunities and risks in the Combined Management Report of the Siemens Report (siemens.com/siemensreport), and in the Interim Group Management Report of the Half-year Financial Report (provided that it is already available for the current reporting year), which should be read in conjunction with the Combined Management Report. Should one or more of these risks or uncertainties materialize, should decrees, decisions, assessments or requirements of regulatory or governmental authorities deviate from our expectations, should events of force majeure, such as pandemics, unrest or acts of war, occur or should underlying expectations including future events occur at a later date or not at all or assumptions prove incorrect, actual results, performance or achievements of Siemens may (negatively or positively) vary materially from those described explicitly or implicitly in the relevant forward-looking statement. Siemens neither intends, nor assumes any obligation, to update or revise these forward-looking statements in light of developments which differ from those anticipated. This document includes – in the applicable financial reporting framework not clearly defined – supplemental financial measures that are or may be alternative performance measures (non-GAAP-measures). These supplemental financial measures should not be viewed in isolation or as alternatives to measures of Siemens’ net assets and financial positions or results of operations as presented in accordance with the applicable financial reporting framework in its Consolidated Financial Statements. Other companies that report or describe similarly titled alternative performance measures may calculate them differently. Due to rounding, numbers presented throughout this and other documents may not add up precisely to the totals provided and percentages may not precisely reflect the absolute figures. Read moreReference Number: ContactClaas BellingSiemens Mobility GmbH+49 173 6901586 [email protected] Krause Siemens Mobility GmbH+49 162 3480575 [email protected] SiemensGet in touchFollow our global channels Follow Change region Global | English

Earnings Release and Financial Results Q2 FY 2026 aniko.enderlei… Mon, 05/11/2026 - 07:50 Please use another Browser It looks like you are using a browser that is not fully supported. Please note that there might be constraints on site display and usability. For the best experience we suggest that you download the newest version of a supported browser: Internet Explorer, Chrome Browser, Firefox Browser, Safari BrowserContinue with the current browserPlease allow JavaScriptThis page requires JavaScript in order to be fully functional and displayed correctly. Please enable JavaScript and reload the site. How to enable JavaScript Press Release13 May 2026Siemens AGMunich Earnings Release and Financial Results Q2 FY 2026: Siemens continues path of profitable growth Second-quarter orders climbed 18% on a comparable basis, excluding currency translation and portfolio effects, with double-digit increases in most industrial businesses; comparable revenue increased 6%, driven by Smart Infrastructure and Digital Industries On a nominal basis, orders rose 11% to €24.1 billion, and revenue reached the prior-year level of €19.8 billion, despite substantial negative currency translation effects; the book-to-bill ratio was 1.22 Profit Industrial Business was €3.0 billion, with a profit margin of 15.4%; Profit Industrial Business of €3.2 billion in Q2 FY 2025 had benefited from a €0.3 billion gain related to exiting a business at Smart Infrastructure Net income reached €2.2 billion; corresponding basic earnings per share (EPS) were €2.60, and EPS before purchase price allocation accounting (EPS pre PPA) were €2.81 Free cash flow from continuing and discontinued operations rose sharply to €1.7 billion Second-quarter orders climbed 18% on a comparable basis, excluding currency translation and portfolio effects, with double-digit increases in most industrial businesses; comparable revenue increased 6%, driven by Smart Infrastructure and Digital Industries On a nominal basis, orders rose 11% to €24.1 billion, and revenue reached the prior-year level of €19.8 billion, despite substantial negative currency translation effects; the book-to-bill ratio was 1.22 Profit Industrial Business was €3.0 billion, with a profit margin of 15.4%; Profit Industrial Business of €3.2 billion in Q2 FY 2025 had benefited from a €0.3 billion gain related to exiting a business at Smart Infrastructure Net income reached €2.2 billion; corresponding basic earnings per share (EPS) were €2.60, and EPS before purchase price allocation accounting (EPS pre PPA) were €2.81 Free cash flow from continuing and discontinued operations rose sharply to €1.7 billion We delivered a successful second quarter despite the geopolitical environment, which remains very demanding. Siemens is benefiting from its technological strength and strong positioning in key growth markets. Digital Industries and Smart Infrastructure posted impressive overall performance – clear evidence that we’re on a path of profitable growth. With our Eigen Engineering Agent, we’re further expanding our leadership position in industrial AI, and we see AI as a clear growth driver for our hardware, software and services business.  Roland Busch, President and Chief Executive Officer of Siemens AG Our operating businesses’ convincing performance and our strong free cash flow prove our resilience. As a result, we’re very well positioned to reach our full-year group targets. At the same time, by announcing our new share-buyback program, we’re enabling our shareholders to participate in our success. In this way, we’re continuing our stringent capital allocation.  Veronika Bienert, Chief Financial Officer of Siemens AG Please read the complete Earnings Release and Financial Results:   Earnings Release Q2 FY 2026, January 01 to March 31, 2026: Siemens continues path of profitable growthThe financial publications can be downloaded at www.siemens.com/ir Outlook We confirm our outlook for the Siemens Group for fiscal 2026 as provided in our Earnings Release Q1 FY 2026.For the Siemens Group, we continue to expect comparable revenue growth − net of currency translation and portfolio effects − in the range of 6% to 8% and a book-to-bill ratio above 1 for fiscal 2026.We continue to anticipate basic earnings per share (EPS) from net income before purchase price allocation accounting (EPS pre PPA) in a range of €10.70 to €11.10 in fiscal 2026. Digital Industries now expects comparable revenue growth of 7% to 10% (previously 5% to 10%) and a profit margin of 17% to 19% (previously 15% to 19%) for fiscal 2026. Smart Infrastructure now expects for fiscal 2026 comparable revenue growth of 8% to 10% (previously expected in a range of 6% to 9%) and continues to expect a profit margin of 18% to 19%. Mobility now expects for fiscal 2026 comparable revenue growth of 5% to 7% (previously expected in a range of 8% to 10%) and continues to expect a profit margin of 8% to 10%. This outlook excludes burdens from legal and regulatory matter.Press Event Second Quarter Results FY 2026 Notes and forward-looking statements Starting today at 08:00 a.m. CET, the press conference call on Siemens’ second-quarter results for fiscal 2026 will be broadcast live at www.siemens.com/conferencecall. Starting today at 09:30 a.m. CET, you can also follow the conference call for analysts and investors live at www.siemens.com/analystcall Recordings of both conference calls will be made available afterwards. The financial publications can be downloaded at:: www.siemens.com/ir. 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 forward to,” “anticipate,” “intend,” “plan,” “believe,” “seek,” “estimate,” “will,” “project” or words of similar meaning. We may also make forward-looking statements in other reports, in prospectuses, in presentations, in material delivered to shareholders and in press releases. In addition, our representatives may from time to time make oral forward-looking statements. Such statements are based on the current expectations and certain assumptions of Siemens’ management, of which many are beyond Siemens’ control. These are subject to a number of risks, uncertainties and factors, including, but not limited to those described in disclosures, in particular in the chapter Report on expected developments and associated material opportunities and risks in the Combined Management Report of the Siemens Report (siemens.com/siemensreport), and in the Interim Group Management Report of the Half-year Financial Report (provided that it is already available for the current reporting year), which should be read in conjunction with the Combined Management Report. Should one or more of these risks or uncertainties materialize, should decrees, decisions, assessments or requirements of regulatory or governmental authorities deviate from our expectations, should events of force majeure, such as pandemics, unrest or acts of war, occur or should underlying expectations including future events occur at a later date or not at all or assumptions prove incorrect, actual results, performance or achievements of Siemens may (negatively or positively) vary materially from those described explicitly or implicitly in the relevant forward-looking statement. Siemens neither intends, nor assumes any obligation, to update or revise these forward-looking statements in light of developments which differ from those anticipated. This document includes – in the applicable financial reporting framework not clearly defined – supplemental financial measures that are or may be alternative performance measures (non-GAAP-measures). These supplemental financial measures should not be viewed in isolation or as alternatives to measures of Siemens’ net assets and financial positions or results of operations as presented in accordance with the applicable financial reporting framework in its Consolidated Financial Statements. Other companies that report or describe similarly titled alternative performance measures may calculate them differently. Due to rounding, numbers presented throughout this and other documents may not add up precisely to the totals provided and percentages may not precisely reflect the absolute figures. Read moreReference Number: ContactKatharina HilpertSiemens AG+49 173 893-4962 [email protected] FriedleSiemens AG+49 1525 215-9076 [email protected] SiemensGet in touchFollow our global channels Follow Change region Global | English