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Press Event,
updated31 January 2018Siemens AGMunich
First Quarter Results FY 2018
Munich, 31 January 2018
Save the date2018-01-31T00:00:00Europe/Parisuse-titleFirst Quarter Results FY 2018Orders rose 14% to €22.5 billion and revenue was up 3% at €19.8 €billion, including strong growth contributions from Mobility and Digital Factory and new business particularly resulting from the merger of Siemens' wind power business with Gamesa Corporación Tecnológica, S.A.Book-to-bill ratio rose to reach 1.13, the highest ratio since booking of large Egypt orders in Q2 FY 2016On a comparable basis, excluding currency translation and portfolio effects, orders increased 7% and revenue grew 1%Industrial business profit at €2.2 billion, down 14% due mainly to a sharp decline in Power and Gas which more than offset excellent performance in the short-cycle businesses and Mobility; current quarter impacted by negative currency effects while Q1 FY 2017 benefited from a portfolio gain; Industrial business profit margin at 11.0%Net income rose 12% to €2.2 billion; the current period included a largely tax-free gain from the sale of shares in OSRAM Licht AG and benefited from sharply lower income tax expenses due mainly to the revaluation of future tax positions following U.S. tax reform; basic earnings per share (EPS) increased to €2.68 from €2.41 in Q1 FY 2017Munich
We released our first quarter results for fiscal year 2018 on January 31, 2018. The Press Conference and the Analyst Call were broadcast live.
Save the date2018-01-31T00:00:00Europe/Parisuse-titleFirst Quarter Results FY 2018Orders rose 14% to €22.5 billion and revenue was up 3% at €19.8 €billion, including strong growth contributions from Mobility and Digital Factory and new business particularly resulting from the merger of Siemens' wind power business with Gamesa Corporación Tecnológica, S.A.Book-to-bill ratio rose to reach 1.13, the highest ratio since booking of large Egypt orders in Q2 FY 2016On a comparable basis, excluding currency translation and portfolio effects, orders increased 7% and revenue grew 1%Industrial business profit at €2.2 billion, down 14% due mainly to a sharp decline in Power and Gas which more than offset excellent performance in the short-cycle businesses and Mobility; current quarter impacted by negative currency effects while Q1 FY 2017 benefited from a portfolio gain; Industrial business profit margin at 11.0%Net income rose 12% to €2.2 billion; the current period included a largely tax-free gain from the sale of shares in OSRAM Licht AG and benefited from sharply lower income tax expenses due mainly to the revaluation of future tax positions following U.S. tax reform; basic earnings per share (EPS) increased to €2.68 from €2.41 in Q1 FY 2017Munich
We released our first quarter results for fiscal year 2018 on January 31, 2018. The Press Conference and the Analyst Call were broadcast live.
Siemens Annual Shareholders' Meeting 2018
Please find information on the Siemens Annual Shareholders' Meeting 2018 at
www.siemens.com/press/agm.
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Event Pictures: Press conference on the first quarter results for fiscal 2018
Strong order growth highlights successful first quarter.
From left to right: Michael Sen, Member of the Managing Board; Joe Kaeser, President and Chief Executive Officer Siemens AG; Janina Kugel, Member of the Managing Board and Chief Human Resources Officer; Ralf P. Thomas, Member of the Managing Board and Chief Financial Officer.
Strong order growth highlights successful first quarter.
Joe Kaeser, President and Chief Executive Officer Siemens AG.
Strong order growth highlights successful first quarter.
Janina Kugel, Member of the Managing Board and Chief Human Resources Officer.
Strong order growth highlights successful first quarter.
Ralf P. Thomas, Member of the Managing Board and Chief Financial Officer.
Strong order growth highlights successful first quarter.
Michael Sen, Member of the Managing Board.
Strong order growth highlights successful first quarter.
Joe Kaeser, President and Chief Executive Officer Siemens AG.
Strong order growth highlights successful first quarter.
From left to right: Michael Sen, Member of the Managing Board; Joe Kaeser, President and Chief Executive Officer Siemens AG; Janina Kugel, Member of the Managing Board and Chief Human Resources Officer; and Ralf P. Thomas, Member of the Managing Board and Chief Financial Officer, Clarissa Haller, Head of Communications, Siemens AG.