A new CEO could hardly wish for a better start.
Roland Busch, who followed in Joe Kaeser's great footsteps at Siemens almost a year ago, almost lets his predecessor be forgotten.
The figures that Busch presents for the past financial year in the middle of the Corona crisis speak for themselves: sales and incoming orders have grown by double digits, the bottom line is that net profit has skyrocketed, shareholders are to receive a significantly higher dividend.
The forecast for the financial year was raised four times.
Busch himself called it a successful start as a “focused technology company”, as the ailing energy technology was floated on the stock exchange in September of last year.
Like many others, Siemens has of course benefited from the general economic upturn in the past few months.
However, with the remaining areas of automation technology, infrastructure and rail technology, the group is also relying on mega trends such as electromobility, CO2 reduction and digitization and serving key industries such as automobiles, mechanical engineering and electronics.
Busch has now made a picture-perfect start.
And by that he will have to be measured.