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:

Internet Explorer, Chrome Browser, Firefox Browser, Safari Browser

Continue with the current browser
News11 February 2019Siemens AGSiemens Korea, Seoul

[Global News] Strong orders continue into the new fiscal year

“Our continued high order growth underlines the customer confidence in the performance of our company. There is still much to do before we achieve industry-leading margins in all our businesses,” said Joe Kaeser, President and Chief Executive Officer of Siemens AG.
Financial Highlights:
  • Orders increased 13% on a comparable basis, excluding currency translation and portfolio effects, and revenue grew 2% compared to Q1 FY 2018
  • On a nominal basis, orders rose 12%, to €25.2 billion and revenue was up 1%, to €20.1 billion; the book-to-bill ratio was 1.25
  • Adjusted EBITA for Industrial Business was lower, at €2.1 billion, due mainly to a decline in Power and Gas; Industrial Business Adjusted EBITA margin at 10.2%, held back by severance charges amounting to 0.4 percentage points
  • Net income came in at €1.1 billion, resulting in basic EPS of €1.26, which was burdened by €0.08 from severance charges

Further Information

Siemens Korea Facebook

Follow us on Facebook

Contact

Siemens Korea

Poongsan Building
23, Chungjeong-ro
Seodaemun-gu
03737 Seoul
Korea

+82 (2) 3450 7000