25.07.2013 Siemens Aktiengesellschaft  DE0007236101

DGAP-Adhoc: Siemens Aktiengesellschaft: Siemens does not expect to achieve its 2014 margin target


 
Siemens Aktiengesellschaft / Key word(s): Profit Warning 25.07.2013 14:15 Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted by DGAP - a company of EQS Group AG. The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------- Siemens no longer expects to achieve a Total Sectors profit margin of at least 12 percent by fiscal 2014, as aimed for in the Siemens 2014 company program, mainly due to lower market expectations. The measures for optimizing the portfolio and reducing costs are largely on track. As announced, Siemens will report third-quarter figures on August 1, 2013. --------------------------------------------------------------------------- Information and Explaination of the Issuer to this News: 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 'expects,' 'looks forward to,' 'anticipates,' 'intends,' 'plans,' 'believes,' 'seeks,' 'estimates,' 'will,' 'project' or words of similar meaning. We may also make forward-looking statements in other reports, in presentations, in material delivered to stockholders 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, and are, therefore, subject to certain risks and uncertainties. A variety of factors, many of which are beyond Siemens' control, affect Siemens' operations, performance, business strategy and results and could cause the actual results, performance or achievements of Siemens to be materially different from any future results, performance or achievements that may be expressed or implied by such forward-looking statements or anticipated on the basis of historical trends. These factors include in particular, but are not limited to, the matters described in Item 3: Key information-Risk factors of our most recent annual report on Form 20-F filed with the SEC, in the chapter 'Risks' of our most recent annual report prepared in accordance with the German Commercial Code, and in the chapter 'Report on risks and opportunities' of our most recent interim report. Further information about risks and uncertainties affecting Siemens is included throughout our most recent annual and interim reports, as well as our most recent earnings release, which are available on the Siemens website, www.siemens.com, and throughout our most recent annual report on Form 20-F and in our other filings with the SEC, which are available on the Siemens website, www.siemens.com, and on the SEC's website, www.sec.gov. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results, performance or achievements of Siemens may vary materially from those described in the relevant forward-looking statement as being expected, anticipated, intended, planned, believed, sought, estimated or projected. Siemens neither intends, nor assumes any obligation, to update or revise these forward-looking statements in light of developments which differ from those anticipated. 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. Contact: Siemens Investor Relations Wittelsbacherplatz 2 80333 München +49 (0) 89-636-32474 [email protected] 25.07.2013 DGAP's Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------------- Language: English Company: Siemens Aktiengesellschaft Wittelsbacherplatz 2 80333 München Germany Phone: +49 (0)89 636-00 Fax: +49 (0)89 636-52000 E-mail: [email protected] Internet: www.siemens.com ISIN: DE0007236101 WKN: 723610 Indices: DAX, EURO STOXX 50 Listed: Regulierter Markt in Berlin, Düsseldorf, Frankfurt (Prime Standard), Hamburg, Hannover, München, Stuttgart; Terminbörse EUREX; London, NYSE, SIX End of Announcement DGAP News-Service ---------------------------------------------------------------------------