Save the date2017-05-04T00:00:00Europe/Parisuse-titleSecond Quarter Results FY 2017Revenue rose 6% compared to Q2 FY 2016, to €20.2 billion, including a strong performance by short-cycle businesses, and orders were €22.6 billion, up 2% despite a high basis of comparison including orders totaling €3.1 billion in Q2 FY 2016 in Egypt; the book-to-bill ratio was 1.12On a comparable basis, excluding currency translation and portfolio effects, revenue rose 5% and orders increased 1%Strong margin expansion in nearly all industrial businesses due to strong operational execution, and a €138 million positive effect from pension plan amendments, took Industrial Business profit margin up to 12.1%Industrial Business profit climbed 18% year-over-year, to €2.5 billionNet income was level at €1.5 billion, despite a higher income tax rate and a lower contribution to net income from discontinued operations; basic earnings per share (EPS) of €1.79 compared to €1.78 in Q2 FY 2016At the end of Q2 FY 2017, Siemens acquired all shares of Mentor Graphics Corporation (Mentor Graphics) and, at the beginning of Q3 FY 2017, closed the merger of Siemens' wind power business with Gamesa Corporación Tecnológica S.A. (Gamesa)Munich
We released our second quarter results for fiscal year 2017 on May 4, 2017. The Conference Call for journalists and the Analyst Call were broadcast live.
