Press release
198KB
maggio 07, 2021 - Siemens
Second Quarter Results FY 2021
Comunicato Stampa disponibile solo in lingua originale.
Excellent results across all businesses – Guidance raised again
“As our order intake and revenue in the second quarter impressively demonstrate, our customers place great trust in us. We support them with their digital transformation, which enables them to become faster, more efficient and more sustainable,” said Roland Busch, President and Chief Executive Officer of #siemens AG. “I’m extremely pleased that all our businesses are delivering excellent results and that we’re growing profitably – despite continuing uncertainties. My thanks go to all the people at #siemens worldwide for their dedication and for always embracing a growth mindset.”
“The second quarter once again underscores Siemens’ performance capabilities and reliability, especially under challenging conditions, which was reflected in all key financial figures. Growth momentum came, in particular, from the automotive industry, machine building, our software business and – from a geographic perspective – from China. Besides the gratifying margin developments at our Industrial Businesses, our successful portfolio management also paid off. In addition, #siemens has once again achieved excellent cash flow. On this basis, we are even more confident about the second half of our fiscal year and are raising our guidance significantly for both our Industrial Businesses and net income,” said Ralf P. Thomas, Chief Financial Officer of #siemens AG.
- Orders climbed 11% on a comparable basis, excluding currency translation and portfolio effects, and revenue rose 9%
- On a nominal basis, orders increased 8% to €15.9 billion, driven by double-digit growth in #siemens Healthineers, and revenuerose 6%, to €14.7 billion, on growth in all industrial businesses; the book-to-bill ratio was 1.08
- Adjusted EBITA Industrial Businesses was €2.1 billion, a 31% increase on strong performances in all Industrial Businesses, resulting in Adjusted EBITA margin Industrial Businesses of 15.1%
- Net income and basic earnings per share (EPS) were sharply higher, at €2.4 billion and €2.82, respectively, on higher Adjusted EBITA Industrial Businesses, a €0.9 billion gain on the sale of Flender GmbH (Flender) within discontinued operations, and favorable effects outside Industrial Businesses; in Q2 FY 2020 net income of €0.7 billion and basic EPS of €0.80 included a loss of €0.3 billion from discontinued operations
- Excellent Free cash flow from continuing and discontinued operations of €1.2 billion (Q2 FY 2020: €0.1 billion), including increases in all industrial businesses
Further information in the press release to download
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