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Press Event,
updated05 February 2020Siemens AGMunich
First Quarter Results FY 2020
Munich, 05 February 2020
Save the date2020-02-05 00:00:00Europe/Parisuse-titleFirst Quarter Results FY 2020
Orders at €24.8 billion, down 2% from the strong prior-year level as sharply lower volume from large orders in Mobility more than offset increases in the majority of industrial businesses, particularly in Siemens Gamesa Renewable Energy (SGRE); revenue rose 1%, to €20.3 billionOn a comparable basis, excluding currency translation and portfolio effects, orders declined 4% and revenue was down 1%; the book-to-bill ratio was a strong 1.22 and the order backlog reached a new high at €149 billionAdjusted EBITA Industrial Businesses declined to €1.4 billion, due mainly to a loss in SGRE and market weakness for short-cycle businesses; Adjusted EBITA margin Industrial Businesses was 7.3%, held back by €0.2 billion in severance charges, which reduced Adjusted EBITA margin Industrial Businesses by 1.0 percentage pointsNet income declined 3% to €1.1 billion and included substantially better results outside Industrial Businesses compared to Q1 FY 2019; basic earnings per share (EPS) rose 6% to €1.33
Munich
We released our first quarter results for fiscal year 2020 on February 5, 2020. The Press Conference and the Analyst Call were broadcast live.
Save the date2020-02-05 00:00:00Europe/Parisuse-titleFirst Quarter Results FY 2020
Orders at €24.8 billion, down 2% from the strong prior-year level as sharply lower volume from large orders in Mobility more than offset increases in the majority of industrial businesses, particularly in Siemens Gamesa Renewable Energy (SGRE); revenue rose 1%, to €20.3 billionOn a comparable basis, excluding currency translation and portfolio effects, orders declined 4% and revenue was down 1%; the book-to-bill ratio was a strong 1.22 and the order backlog reached a new high at €149 billionAdjusted EBITA Industrial Businesses declined to €1.4 billion, due mainly to a loss in SGRE and market weakness for short-cycle businesses; Adjusted EBITA margin Industrial Businesses was 7.3%, held back by €0.2 billion in severance charges, which reduced Adjusted EBITA margin Industrial Businesses by 1.0 percentage pointsNet income declined 3% to €1.1 billion and included substantially better results outside Industrial Businesses compared to Q1 FY 2019; basic earnings per share (EPS) rose 6% to €1.33
Munich
We released our first quarter results for fiscal year 2020 on February 5, 2020. The Press Conference and the Analyst Call were broadcast live.
Siemens Annual Shareholders' Meeting 2020
Please find information on the Siemens Annual Shareholders' Meeting 2020 at
www.siemens.com/press/agm.
Event Pictures:
Strong demand delivers record high for order backlog - focus on energy businesses
„We confirm our full-year guidance and will list Siemens Energy on the stock exchange in September as planned“, said Joe Kaeser, President and Chief Executive Officer of Siemens AG.
In the picture from left to right: Michael Sen, Co-CEO Gas and Power and designated CEO of Siemens Energy; Joe Kaeser, President and CEO of Siemens AG; Ralf P. Thomas, Chief Financial Officer and member of the Managing Board of Siemens AG and Roland Busch, Deputy CEO, CTO, CHRO of Siemens AG.
In the picture: Joe Kaeser, President and CEO of Siemens AG.
In the picture: Joe Kaeser, President and CEO of Siemens AG.
In the picture: Roland Busch, Deputy CEO, CTO, CHRO of Siemens AG.
In the picture: Ralf P. Thomas, Chief Financial Officer and member of the Managing Board of Siemens AG.
In the picture: Michael Sen, Co-CEO Gas and Power and designated CEO of Siemens Energy.
Jim Hagemann Snabe, Chairman of the Supervisory Board of Siemens AG, talks with journalists at the media center in the Olympiahalle before the 54th Annual Shareholders’ Meeting of Siemens AG begins on February 5, 2020.
