Increasing value through global presence and technological innovation
Siemens Smart Infrastucture (SI) has exceeded its medium-term targets for 2021. The Zug-based business unit of Siemens is therefore increasing its targets for sales and profit margin. At the same time, investments are being made in global presence and talent development.
Siemens Smart Infrastructure raises the bar. The Zug-based Siemens business unit increased its revenue by an average of 11 per cent annually between 2020 and 2024, Siemens announced in a press release. A record operating result margin of 17.3 per cent was achieved in 2024. This is well above the medium-term target of 11 to 16 per cent set in 2021.
In the coming years, the company is aiming for sales growth of 6 to 9 per cent and an earnings margin of 17 to 18 per cent. “We have set ourselves ambitious targets and achieved them,” said Matthias Rebellius, member of the Managing Board of Siemens AG and CEO of Smart Infrastructure, in the press release. “Now we are raising the bar even higher to reach the next level of value creation.”
In the coming years, SI intends to strengthen its global presence and expand local capacities. At the same time, it plans to promote talent in high-growth markets such as India and the USA. Both should lead to scalable results in SI’s established end markets, such as data centres, healthcare and energy utilities. The company expects the market it addresses to grow by 5 to 6 per cent annually in the medium term. According to the press release, SI has realised “above-market growth in all areas”.