Siemens AG 2022 AR2
The report details Siemens' financial and operational performance for fiscal year 2022, highlighting a record-high Industrial Business profit of €10.3 billion and a profit margin of 15.1%. Despite geopolitical and economic challenges, including the decision to exit business activities in Russia and a €2.7 billion impairment on its stake in Siemens Energy AG, the company achieved comparable revenue growth of 8.2%. The report also outlines the launch of Siemens Xcelerator, an open digital business platform, and the acquisition of Brightly Software to strengthen its Smart Infrastructure business. Additionally, it discusses the company's DEGREE sustainability framework and its progress toward environmental, social, and governance targets.
Company: Siemens AG
Sector: Industrials
Country: Germany
Year: 2022
Type: AR2
Pages: 215
Back to company
Siemens AG
Siemens Report
The report details Siemens' financial and operational performance for fiscal year 2022, highlighting a record-high Industrial Business profit of €10.3 billion and a profit margin of 15.1%. Despite geopolitical and economic challenges, including the decision to exit business activities in Russia and a €2.7 billion impairment on its stake in Siemens Energy AG, the company achieved comparable revenue growth of 8.2%. The report also outlines the launch of Siemens Xcelerator, an open digital business platform, and the acquisition of Brightly Software to strengthen its Smart Infrastructure business. Additionally, it discusses the company's DEGREE sustainability framework and its progress toward environmental, social, and governance targets.
Sign in for free to access detailed sustainability data, reporting standards, and ESG metrics.
Document Details
Report Year
2022
Reporting Period
Oct 1, 2021 - Sep 30, 2022
Fiscal Year
2022
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Women on Board
Net Zero Target
Employees