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Press Release08 November 2018Siemens AGMunich

Earnings Release and Financial Results Q4 FY 2018: Guidance fully achieved again – another strong year

On a comparable basis, excluding currency translation and portfolio effects, orders rose 8% and revenue increased 2%, with the majority of the industrial businesses contributing to growth
On a nominal basis, orders rose 6%, to €91.3 billion; revenue was up slightly at €83.0 billion; the book-to-bill ratio was 1.10
Industrial Business profit came in lower, at €8.8 billion, as profit increases in most industrial businesses did not fully offset sharply lower profit at Power and Gas
Industrial Business profit margin excluding severance charges of 11.3%, clearly in the guidance range of 11% to 12%; profit margin including severance charges of €0.8 billion was 10.4% with most industrial businesses within or above their target ranges
Net income up slightly at €6.1 billion; basic earnings per share (EPS) of €7.12; excluding severance charges, basic EPS at €7.88, well within the guidance range of €7.70 to €8.00
Free cash flow rose to €5.8 billion, up 22% year-over-year
Siemens proposes to raise the dividend €0.10 per share, to €3.80 per share
Successful completion of share buyback program initiated in November 2015 with a volume of €3.0 billion; new share buyback program announced with volume up to €3.0 billion until November 2021

"We again delivered what we promised and fully reached our guidance which we raised at mid-year. This shows the strength of our global team which competed convincingly in both growth markets and difficult environments, and achieved another strong performance. In fiscal 2019 we will give our businesses even greater entrepreneurial freedom, and lay the foundation for execution of Vision 2020+."

On a comparable basis, excluding currency translation and portfolio effects, orders rose 8% and revenue increased 2%, with the majority of the industrial businesses contributing to growth
On a nominal basis, orders rose 6%, to €91.3 billion; revenue was up slightly at €83.0 billion; the book-to-bill ratio was 1.10
Industrial Business profit came in lower, at €8.8 billion, as profit increases in most industrial businesses did not fully offset sharply lower profit at Power and Gas
Industrial Business profit margin excluding severance charges of 11.3%, clearly in the guidance range of 11% to 12%; profit margin including severance charges of €0.8 billion was 10.4% with most industrial businesses within or above their target ranges
Net income up slightly at €6.1 billion; basic earnings per share (EPS) of €7.12; excluding severance charges, basic EPS at €7.88, well within the guidance range of €7.70 to €8.00
Free cash flow rose to €5.8 billion, up 22% year-over-year
Siemens proposes to raise the dividend €0.10 per share, to €3.80 per share
Successful completion of share buyback program initiated in November 2015 with a volume of €3.0 billion; new share buyback program announced with volume up to €3.0 billion until November 2021

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 Q4 FY 2018

Event: Annual Press Conference 2018

Press Event

Annual Press Conference 2018

@siemens_press

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 Q4 FY 2018: Guidance fully achieved again – another strong year

For this press release

Press Event

@siemens_press

Contact

Philipp Encz

Wolfram Trost

Contact Siemens

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