Siemens Vision 2020 User Manual
Vision 2020+ execution fully on track
Ralf P. Thomas, CFO Siemens AG
Commerzbank German Investment Conference
New York, January 13, 2020
siemens.comUnrestricted © Siemens 2020
Unrestricted © Siemens 2020
New York, January 13, 2020Page 2 Commerzbank German Investment Conference
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 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, 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 Annual Report. Should one or more of these risks or uncertainties
materialize, should decisions, assessments or requirements of regulatory authorities deviate from our expectations, 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 forwardlooking 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.
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New York, January 13, 2020Page 3 Commerzbank German Investment Conference
Siemens – A position of strength
Unrestricted © Siemens 2020
€98bn
Orders
€87bn
Revenue
€6.41
Earnings
per share
€5.8bn
Free cash flow
Leading in
Electrification,
Automation &
Digitalization
10.8%
Adj. EBITA margin
Industrial
Businesses
€5.6bn
Net profit
Comparable Key Figures FY 2019
Commerzbank German Investment Conference
Unrestricted © Siemens 2020
New York, January 13, 2020Page 4 Commerzbank German Investment Conference
Vision 2020+
Drive transformation to shape change
Key: Foster Ownership Culture and strengthen entrepreneurial focus
Value
2020 2021 20222019
Anticipate markets and trends
Leading in all businesses, shaping change
Transformation
Ultimate value creation
2023
Focus
Accountability
Adaptability
#RaisingTheBar
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