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Save the date2023-08-10 08:00Europe/Parisuse-titleThird Quarter Results FY 2023
Orders rose 15% and revenue grew 10% on a comparable basis, excluding currency translation and portfolio effects
On a nominal basis, orders grew 10% to €24.2 billion, driven by sharply higher volume from large orders in Mobility, while revenue was up 6% year-over-year at €18.9 billion including increases in all industrial businesses; the book-to-bill ratio was 1.28
Profit Industrial Business was €2.8 billion with a profit margin of 15.3%, including substantial increases in Digital Industries and Smart Infrastructure; profit Industrial Business in Q3 FY 2022 of €2.9 billion benefited from a €0.7 billion divestment gain in Mobility
On Net income of €1.4 billion, corresponding basic earnings per share (EPS) were €1.61 and EPS before purchase price allocation accounting (EPS pre PPA) were €1.78; a net loss of €1.5 billion in Q3 FY 2022 was due primarily to an impairment of the stake in Siemens Energy recorded in the amount of €2.7 billion
Free cash flow from continuing and discontinued operations was again excellent, reaching €3.0 billion for the quarter
Munich
We released our third quarter results for fiscal year 2023 on August 10, 2023. The Press Conference Call and the Analyst Call were broadcast live.
Save the date2023-08-10 08:00Europe/Parisuse-titleThird Quarter Results FY 2023
Orders rose 15% and revenue grew 10% on a comparable basis, excluding currency translation and portfolio effects
On a nominal basis, orders grew 10% to €24.2 billion, driven by sharply higher volume from large orders in Mobility, while revenue was up 6% year-over-year at €18.9 billion including increases in all industrial businesses; the book-to-bill ratio was 1.28
Profit Industrial Business was €2.8 billion with a profit margin of 15.3%, including substantial increases in Digital Industries and Smart Infrastructure; profit Industrial Business in Q3 FY 2022 of €2.9 billion benefited from a €0.7 billion divestment gain in Mobility
On Net income of €1.4 billion, corresponding basic earnings per share (EPS) were €1.61 and EPS before purchase price allocation accounting (EPS pre PPA) were €1.78; a net loss of €1.5 billion in Q3 FY 2022 was due primarily to an impairment of the stake in Siemens Energy recorded in the amount of €2.7 billion
Free cash flow from continuing and discontinued operations was again excellent, reaching €3.0 billion for the quarter
Munich
We released our third quarter results for fiscal year 2023 on August 10, 2023. The Press Conference Call and the Analyst Call were broadcast live.
