Please use another Browser

It looks like you are using a browser that is not fully supported. Please note that there might be constraints on site display and usability. For the best experience we suggest that you download the newest version of a supported browser:

Internet Explorer, Chrome Browser, Firefox Browser, Safari Browser

Please allow JavaScript

This page requires JavaScript in order to be fully functional and displayed correctly. Please enable JavaScript and reload the site.

How to enable JavaScript

Press Release06 November 2014Siemens AGBerlin

Earnings Release Q4 FY 2014: Fiscal Year Guidance Achieved – Execution of "Vision 2020" Begun

Fourth-quarter revenue was level year-over-year, and orders rose 2%. The book-to-bill ratio was 1.01 for the quarter, and Siemens' order backlog was €100 billion. On an organic basis, excluding currency translation and portfolio effects, revenue rose 1% and orders were up 2%.
Total Sectors profit climbed 28%, to €2.195 billion, led by substantial profit improvements in Industry and Infrastructure & Cities, and income from continuing operations climbed 36%.
Net income for the fourth quarter rose 40% year-over-year, to €1.498 billion, and basic earnings per share (EPS) increased to €1.72.
Free cash flow from continuing operations was €3.400 billion, significantly above income from continuing operations but below the high level in the fourth quarter a year earlier.
For fiscal 2014, organic revenue and orders both rose 1% compared to the prior year, and the book-to-bill ratio was 1.09. Basic earnings per share (EPS) from net income increased 25% year-over-year. Siemens proposes a dividend of €3.30 per share.

"We delivered the results we originally promised for fiscal 2014 and made substantial progress in strengthening our portfolio. Vision 2020 gives us clear strategic direction going forward."

Fourth-quarter revenue was level year-over-year, and orders rose 2%. The book-to-bill ratio was 1.01 for the quarter, and Siemens' order backlog was €100 billion. On an organic basis, excluding currency translation and portfolio effects, revenue rose 1% and orders were up 2%.
Total Sectors profit climbed 28%, to €2.195 billion, led by substantial profit improvements in Industry and Infrastructure & Cities, and income from continuing operations climbed 36%.
Net income for the fourth quarter rose 40% year-over-year, to €1.498 billion, and basic earnings per share (EPS) increased to €1.72.
Free cash flow from continuing operations was €3.400 billion, significantly above income from continuing operations but below the high level in the fourth quarter a year earlier.
For fiscal 2014, organic revenue and orders both rose 1% compared to the prior year, and the book-to-bill ratio was 1.09. Basic earnings per share (EPS) from net income increased 25% year-over-year. Siemens proposes a dividend of €3.30 per share.

"We delivered the results we originally promised for fiscal 2014 and made substantial progress in strengthening our portfolio. Vision 2020 gives us clear strategic direction going forward."

Joe Kaeser, President and Chief Executive Officer of Siemens AG

During the fourth quarter, Siemens classified as discontinued operations the activities of Healthcare's hospital information systems business. Prior-period results are presented on a comparable basis.

Please read the complete Earnings Release in the attached PDF:
Earnings Release

For this press release

Contact

Alexander Becker

Siemens AG

Wittelsbacherplatz 2
80333 Munich
Germany

+49 (89) 636-36558

becker.alexander@siemens.com

Earnings Release Q4 FY 2014: Fiscal Year Guidance Achieved – Execution of "Vision 2020" Begun

For this press release

Links

Contact

Alexander Becker

Contact Siemens

Follow our global channels

Follow

Change region