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Earnings Release Q3 FY 2013: Major Progress with Portfolio Optimization
Orders for the third quarter rose 19% year-overyear, to €21.141 billion. Revenue was €19.248 billion, 2% below the prior-year level.
The book-to-bill ratio was 1.10, and Siemens' order backlog reached a new high at €102 billion.
Total Sectors profit declined to €1.261 billion, due primarily to third-quarter charges totaling €436 million for the "Siemens 2014" productivity improvement program.
Income from continuing operations was lower year-over-year, at €1.004 billion.
Net income rose to €1.098 billion. Corresponding basic EPS was €1.27, up from €0.85 in the prioryear period.
Free cash flow from continuing operations increased to €973 million.
Orders for the third quarter rose 19% year-overyear, to €21.141 billion. Revenue was €19.248 billion, 2% below the prior-year level.
The book-to-bill ratio was 1.10, and Siemens' order backlog reached a new high at €102 billion.
Total Sectors profit declined to €1.261 billion, due primarily to third-quarter charges totaling €436 million for the "Siemens 2014" productivity improvement program.
Income from continuing operations was lower year-over-year, at €1.004 billion.
Net income rose to €1.098 billion. Corresponding basic EPS was €1.27, up from €0.85 in the prioryear period.
Free cash flow from continuing operations increased to €973 million.
Please read the complete Earnings Release in the attached PDF: Earnings Release