The relevance of the healthcare industry and its economic importance for Germany as a place to do business is highlighted in a speech during the company's virtual annual shareholders meeting by the Siemens Healthniers Committee and its CEO. It was done. “This 'industry' employs around 1 million people in Germany and develops products and solutions around the world. This will make the German healthcare industry a major employer and engine for growth,” said Ralph Thomas, chairman of the Board of Supervisors.
The German healthcare industry, to which Siemens Health Naiers belongs, is growing by more than 5% per year, much faster than the entire economy.
“A very well fitted industry with Germany”
“The healthcare industry is a very good fit for Germany,” CEO Bernd Montag said in a speech to shareholders. “It's an industry driven by knowledge and science, not particularly energy intensive, and is highly relevant worldwide, primarily immune to periodic effects and trust-based.” He added that the healthcare industry has made a significant contribution to the economy as a whole. Especially about a resilient, stable and safe health care system.
At the same time, the CEO appealed to German politicians. policy. We are ready to drive a much-needed mood shift towards optimism and action on our part. Germany remains a good place for business by global standards,” Montag said.
In recent years, Siemens Healthiners have invested around 650 million euros in German sites, including Bavaria's Erlangen, Forchheim, Kemnath and Rudolstadt of Thuringia.
Beyond Germany, the borders of national, cultural, religious and geopolitical conflicts, where health of around 73,000 people are currently united around the world, are now more people, and more people, every day. They are united in a common goal, particularly to help ensure that people in previously medically well-served communities. The aim is to diagnose the disease more quickly and more accurately, and treat it as individually as possible to ensure that patients recover faster. The company focuses primarily on fighting non-communicable diseases such as cancer, cardiovascular disease, stroke and dementia, which are responsible for almost three-quarters of all deaths. In past fiscal years, patients around the world have worked in Siemens Healthniers products and solutions for a total of 2.6 billion times. The company has set a target to increase the number of these “patient touchpoints” to 3.3 billion by 2030.
54% of net profit payment rate
The annual shareholders meeting approved all agenda items for the majority. In particular, shareholders have approved the Trustees and Supervisory Board proposal to pay a dividend of 0.95 euros per share supporting dividends for the successful fiscal year 2024. This corresponds to a payment rate of 54% of net profit.
“In spite of the challenging economic environment, Siemens Health Naires has once again achieved an ambitious target,” Chairman Ralph Thomas recalls 2024, with the annual shareholders meeting being the majority of the managing committees and supervisory committee members. The meeting has been approved. . “I would particularly like to highlight the transformation of the diagnostics business and the continuous successful integration of Varian,” Thomas said. Since combining with Siemens Healthineers in 2021, Varian has grown at a double-digit average annual rate.
The Annual General Meeting of Shareholders has also approved further development of a compensation system for members of the Trustees. In addition to current market development, special requirements for the competitiveness of global companies have been taken into consideration. Furthermore, the sustainability aspects within variable rewards have been further strengthened.
The public portion of the virtual annual shareholders meeting was followed by 756 people at its peak. 114 questions were asked live by shareholders or their representatives via video links and answered by the Management and Supervisory Committee.
The results of individual voting on the agenda items for the Annual Shareholders Meeting can be found here.
