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Press Release25 April 2012Siemens AGMunich, Germany
Earnings Release Q2 2012: Broad-Based Revenue Growth Continues
Peter Löscher, President and Chief Executive Officer of Siemens AG
Financial Highlights:
- Revenue for the second quarter rose 9% year-over-year, to €19.297 billion, including increases in all Sectors and reporting regions as well as 11% growth in emerging markets.
- Orders came in at €17.880 billion, 13% below the prior-year period which included a significantly higher volume from large orders, particularly in emerging markets. The book-to-bill ratio for the quarter was 0.93, and the order backlog was €100 billion.
- Total Sectors profit was €1.929 billion, a strong increase from the first quarter of fiscal 2012 but well below the prior-year period which benefited from a €1.520 billion gain from the divestment of Siemens' stake in Areva NP (Areva). Total Sectors profit in the current period included charges of €278 million in the power transmission business.
- Income from continuing operations was €1.053 billion, held back by an equity investment loss of €640 million resulting from restructuring at Nokia Siemens Networks B.V. (NSN). In contrast, the prior-year period benefited from the Areva gain mentioned above.
- Free cash flow from continuing operations was up year-over-year, at €446 million, on higher cash flows in the Sectors.
Please read the complete Earnings Release in the attached PDF:
Earnings Release
Earnings Release
For this press release
Contact
Alexander Becker
Siemens AG
Wittelsbacherplatz 2
80333 Munich
Germany
80333 Munich
Germany
+49 (89) 636-36558