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Save the date2024-05-16 00:00Europe/Parisuse-titleSecond Quarter Results FY 2024
Second-quarter revenue was nearly unchanged from a year earlier on a comparable basis, excluding currency translation and portfolio effects; comparable orders came in 12% lower than in Q2 FY 2023, which included a sharply higher volume from large orders in Mobility
On a nominal basis, revenue declined 1% to €19.2 billion and orders were down 13% at €20.5 billion; Siemens continued to advance on its growth path, with a book-to-bill ratio of 1.07 and an increase in the order backlog, which reached €114 billion
Profit Industrial Business was €2.5 billion with a profit margin of 14.0%, both close to the prior-year quarter
Net income was €2.2 billion; in Q2 FY 2023, net income of €3.6 billion benefited from a €1.6 billion tax-free gain from reversal of an impairment of Siemens’ stake in Siemens Energy AG; for the current quarter, corresponding basic earnings per share (EPS) were €2.57 and EPS before purchase price allocation accounting (EPS pre PPA) were €2.73
Munich
We released our second quarter results for fiscal year 2024. The Press Conference Call and the Analyst Call were broadcast live.
Save the date2024-05-16 00:00Europe/Parisuse-titleSecond Quarter Results FY 2024
Second-quarter revenue was nearly unchanged from a year earlier on a comparable basis, excluding currency translation and portfolio effects; comparable orders came in 12% lower than in Q2 FY 2023, which included a sharply higher volume from large orders in Mobility
On a nominal basis, revenue declined 1% to €19.2 billion and orders were down 13% at €20.5 billion; Siemens continued to advance on its growth path, with a book-to-bill ratio of 1.07 and an increase in the order backlog, which reached €114 billion
Profit Industrial Business was €2.5 billion with a profit margin of 14.0%, both close to the prior-year quarter
Net income was €2.2 billion; in Q2 FY 2023, net income of €3.6 billion benefited from a €1.6 billion tax-free gain from reversal of an impairment of Siemens’ stake in Siemens Energy AG; for the current quarter, corresponding basic earnings per share (EPS) were €2.57 and EPS before purchase price allocation accounting (EPS pre PPA) were €2.73
Munich
We released our second quarter results for fiscal year 2024. The Press Conference Call and the Analyst Call were broadcast live.
Webcast
Conference Call
You can follow the recording of the Conference Call here.
