[{"name":"Home","site_name":"Press | Company | Siemens","description":"","url_str":"\/global\/","level":0,"image":"","base_root":"https:\/\/press.siemens.com","base_nid":"5","base_nodepath":"\/node\/5","base_path":"\/global\/","base_secure_url":"https:\/\/press.siemens.com\/global","children":null}]
[]
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:
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
"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."
Joe Kaeser, President and Chief Executive Officer of Siemens AG