Finance

Over the last five years, the price of Siemens (SIE) share has overall been increasing from a $58.22 difference in maximum and minimum prices since April 2013. In the past three years, there has been a sharp increase off the plateau that Siemens was riding which left October 2015 as the lowest point. Actually, the reason they have been increasing in profits and stock prices was their investments in renewable energy production systems such as tidal power, wind, and photovoltaics. As of this recent year, Siemens has been decreasing, only to be flocculating between $20 difference. In the last month, it has been on an increase.

Their reported annual revenue as of 2017 was $102 billion, which is considered a modest growth for Siemens. This showed a rise of 4% year-over-year. The net income in the 2017 fiscal year increased 11% to $6.2 billion. In total cost productivity, 2017 improved by 5%, which was their target by the fiscal end of 2017.

It has been made clear that their investments into renewable energy systems have increased their revenue and stock prices. Every time Siemens merges with or buys another renewable energy company, for example their latest purchase of GAMESA, they have increased in revenue and profit. Accounted decreases in 2017 were mainly due to the decrease in their Power and Gas section, which entails the more fossil fuel contributing sector of Siemens.

Siemens recently hired a new Chief Financial Officer, Dr. Ralf P. Thomas, who has been leading the financial sector for just over a year since April 1^st, 2017.

Period	Price (Max:Min)
Last Month	107.16:100.38
Last Year	133.20:100.38
Three Years	132.20:79.40
Five Years	132.20:73.98

https://www.siemens.com/investor/pool/en/investor_relations/Siemens_AR2017.pdf