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Earnings Release Q3 2012: Continued Revenue Growth in More Challenging Markets

Peter Löscher, President and Chief Executive Officer of Siemens AG
Financial Highlights:
  • Revenue for the third quarter rose 10% year-over-year, to €19.542 billion, with five percentage points coming from favorable currency translation effects.
  • Orders came in at €17.770 billion, 23% below the prior-year period, which included a €3.7 billion order for trains in Germany and a substantially higher volume from large orders in Energy. The book-to-bill ratio for the quarter was 0.91, and the order backlog was €100 billion.
  • Total Sectors profit was €1.817 billion, despite lower earnings contributions from Siemens' industrial short-cycle businesses. The third quarter a year earlier included substantial profit impacts related to divesting Siemens' stake in Areva NP (Areva) and changing the focus of particle therapy projects.
  • Income from continuing operations was €1.229 billion and corresponding basic EPS was €1.37.
  • Free cash flow from continuing operations for the quarter declined year-over-year, to €883 million, on lower cash flows in the Sectors.
Please read the complete Earnings Release in the attached PDF:
Earnings Release


Alexander Becker

Siemens AG

Wittelsbacherplatz 2
80333 Munich

+49 (89) 636-36558