Siemens U.S. Sales Up 18% in 4th Quarter 2012

  Siemens U.S. Sales Up 18% in 4th Quarter 2012

Business Wire

WASHINGTON -- November 08, 2012

Siemens AG (NYSE: SI) today announced strong results for the fourth quarter of
fiscal 2012 and achieved its outlook for the year. "A strong fourth quarter
enabled us to fulfill our expectations for fiscal 2012 and achieve one of our
best years ever. Even so, we didn’t fully succeed in significantly boosting
our performance vis-à-vis our competitors, as we did in recent years. To get
back to reaching our own goals, we've launched Siemens 2014, a company-wide
program aimed at raising our Total Sectors profit margin to at least 12
percent. We know what we have to do – and we’re doing it," said Siemens CEO
and President Peter Loescher.

In the U.S., on an adjusted basis, sales were up 18% to approximately $5.5
billion (€4.4 billion) and orders were down 2% to roughly $5.1 billion (€4.1
billion) over the last quarter. In fiscal 2012 sales rose 16% to approximately
$21.6 billion (€16.7 billion) and orders were down 2% to approximately $20.0
billion (€15.4 billion) on an adjusted basis.

The Energy Sector of Siemens received a major order for the IPP Qurayyah
combined-cycle power plant in Saudi Arabia. The billion dollar order, which
will be fulfilled out of Siemens Charlotte manufacturing facilities, will
supply enough electrical energy to meet about one-tenth of the country's
current power demand. This year, Siemens won a multi-million dollar order for
a high-efficiency power plant in Temple, Texas, to supply a natural-gas-fired
combined-cycle power plant for the Panda Temple Power Project, which will be
among the cleanest fossil-fueled plants in the U.S. Siemens also received a
large onshore wind turbine order from MidAmerican Energy Company for a
407-megawatt wind project expansion. These turbines, once completed, will
provide renewable energy for more than 120,000 average U.S. households.

Siemens Healthcare launched this year its comprehensive imaging solution for
the visualization and quantification of amyloid plaques – a necessary
pathological feature of Alzheimer’s disease – in the living brain. This
imaging solution includes the new Biograph™ mCT positron emission
tomography/computed tomography (PET•CT) scanner, syngo®.PET Amyloid Plaque
software, which enables the physician to target regions of interest in the
living brain, and the radiopharmaceutical production expertise of PETNET
Solutions, a wholly-owned subsidiary of Siemens. This combination of scanner,
software and radiopharmaceutical production provides U.S. physicians with
valuable tools for the evaluation of Alzheimer’s disease and other causes of
cognitive decline.

Siemens Industry successfully implemented its Growth in Verticals and Services
Strategy and is seeing results such as winning a cross-divisional
modernization contract for a Quadra FNX Mining copper mine in Ruth, Nevada and
winning significant automation contracts with Shell and Dow Corning.
Additionally, NASA scientists used software from Siemens to help create the
new Mars Rover Curiosity, which landed successfully on Mars on August 6, 2012.
Scientists at NASA's Jet Propulsion Laboratory used Siemens PLM software
during the vehicle's entire development process in order to digitally design
and simulate the rover and virtually assemble it without having to build a
prototype. Development software from Siemens helped to ensure that all of the
components fit together, work properly, and withstand the mission's harsh

The Infrastructure & Cities Sector of Siemens announced a major contract with
the state of Hawaii to electrify Hawaii’s first rail transit system. The
project will reduce congestion while increasing environmental efficiency and
creating jobs. Siemens also received an order for a total of 18 light rail
vehicles for TriMet in Portland, Oregon. Siemens is also involved in the
renovation of the 120-year-old Carnegie Hall. The company is working closely
with the national historic landmark to introduce energy efficiency, fire
safety and security solutions that will revitalize the non-performance space
while preserving the facility’s architectural integrity. Siemens’ efforts will
help Carnegie Hall achieve LEED Silver certification.


Siemens Corporation
Marc Langendorf, 202-730-1012
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