Annual Report

The report describes Siemens’ launch of Vision 2020 and a new organizational setup focused on electrification, automation, and digitalization. For fiscal 2014, the company reported revenue of €71.9 billion and net income of €5.5 billion. Its Environmental Portfolio generated €33.0 billion in continuing-operations revenue, while installed portfolio elements were reported to have reduced customers’ annual carbon dioxide emissions by 428 million metric tons.