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Siemens? Green sustainability => Green profitability!

|Includes:VAALCO Energy, Inc. (EGY)

Next year is over, my AGM season just started last Tuesday again ;o)


Employees' children's competition ~ life in the future.

 

There's everything fine at Siemens, you know? The best $$ year ever in their 160 years history (€ 4.1 billion net profit), dividend increased by +70% which represents 40% pay-off 4 the owners and is going to be between 30-50% from net profits in the years ahead, €28 billion sales in green technologies which is 1/3 of all sales and is going to be €40 billion soon, profitable growth in all company's divisions, even the number of employees increased (more than 400,000 world wide) and the food was fine as well ;-)

 

Great speech by the Austrian CEO Peter Löscher, green, green, greener, current ecological footprint of homo sapiens is 1.3 which means we use 30% more natural resources as our poor planet earth re-produces in a year which is sad ;-(. I had the impression that for Siemens is the ecology more important than the growth & economy which is fine because we have only this one planet, so should not destroy it, you see? Of course is Siemens going to provide technologies for resources-saving solutions esp. for mega cities (water, electric power, light, transportation, medicals, facility management, etc). What do you mean, should I tell them that nuclear power plants aren't sustainable next year?

Electric car by Siemens.

 

Want you see few more pictures? Well, please move to picasa.

 

BTW, you still remember the last year's event?


Disclaimer: I'm currently long Siemens. 

Stocks: EGY