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Press Release09 May 2018Siemens AGMunich

Earnings Release and Financial Results Q2 FY 2018: Investments in digital industry making an impact

Revenue was €20.1 billion, nearly unchanged from Q2 FY 2017, and orders were also strong at €22.3 billion, 2% below the high basis of comparison a year earlier which included a substantially higher volume from large orders; the book-to-bill ratio was 1.11
On a comparable basis, excluding currency translation and portfolio effects, revenue was level and orders declined by 1%
Industrial Business profit of €2.3 billion and Industrial Business profit margin of 11.0%; strong performance led by Digital Factory, held back by a sharp decrease in profit and profitability at Power and Gas
Net income of €2.0 billion included a €0.7 billion profit from Centrally managed portfolio activities; basic earnings per share (EPS) increased to €2.39, up from €1.75 in Q2 FY 2017
The successful initial public offering (IPO) of Siemens Healthineers AG included the float of a 15% interest in the business

"Most of our businesses, primarily our digital offerings, showed impressive performance and operationally more than offset structural challenges in fossil power generation. By raising our guidance, we demonstrate our commitment to the company’s capability to master structural change and shape digital industry."

Revenue was €20.1 billion, nearly unchanged from Q2 FY 2017, and orders were also strong at €22.3 billion, 2% below the high basis of comparison a year earlier which included a substantially higher volume from large orders; the book-to-bill ratio was 1.11
On a comparable basis, excluding currency translation and portfolio effects, revenue was level and orders declined by 1%
Industrial Business profit of €2.3 billion and Industrial Business profit margin of 11.0%; strong performance led by Digital Factory, held back by a sharp decrease in profit and profitability at Power and Gas
Net income of €2.0 billion included a €0.7 billion profit from Centrally managed portfolio activities; basic earnings per share (EPS) increased to €2.39, up from €1.75 in Q2 FY 2017
The successful initial public offering (IPO) of Siemens Healthineers AG included the float of a 15% interest in the business

Joe Kaeser, President and Chief Executive Officer of Siemens AG

Please read the complete Earnings Release and Financial Results in the attached PDF: Earnings Release and Financial Results

For this press release

Earnings Release and Financial Results Q2 FY 2018

Event: Second Quarter Results FY 2018

Press Event

Second Quarter Results FY 2018

Contact

Philipp Encz

Siemens AG

Werner-von-Siemens-Straße 1
80333 Munich
Germany

+49 (89) 636-32934

philipp.encz@siemens.com

Wolfram Trost

Siemens AG

Werner-von-Siemens-Straße 1
80333 Munich
Germany

+49 (89) 636-34794

wolfram.trost@siemens.com

Earnings Release and Financial Results Q2 FY 2018: Investments in digital industry making an impact

For this press release

Press Event

Contact

Philipp Encz

Wolfram Trost

Contact Siemens

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