Interim report
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SIEMENS energy Earnings Release Q1 FY 2021 October 1 to December 31 , 2020 siemens-energy.com Munich , February 2 , 2021 - Siemens Energy today announced its results for the first quarter of fiscal 2021 that ended December 31 , 2020 . Solid start into the new fiscal year Christian Bruch , President and Chief Executive Officer of Siemens Energy AG , said „ The first quarter proves that we are on the right path to reach our annual targets . The Siemens Energy team achieved a solid start into the new fiscal year even under difficult circumstances . " ● • Revenue increased by 2.6 % to € 6.5bn , including negative currency translation effects . On a comparable basis ( excluding currency translation and portfolio effects ) revenue rose by nearly 8 % . • Book - to - bill ratio ( ratio of orders to revenue ) was below the strong prior - year quarter , but clearly above 1 , leading to an order backlog of € 79bn , nearly unchanged to past fiscal year - end . Adjusted EBITA was with € 243m back in the positive range ( Q1 FY 2020 : negative € 117m ) as the prior - year quarter was impacted by substantial project - related effects , predominantly driven by SGRE . The recent quarter benefited from operational improvements driving lower costs however including positive temporary effects . Adjusted EBITA before special items increased to € 366m with a margin of 5.6 % . In the recent quarter , special items came in at negative € 123m . Net income sharply improved to € 99m after a loss in the prior - year quarter . Basic earnings per share ( EPS ) rose to € 0.09 . Management confirms the outlook for fiscal year 2021 . ● Orders were at € 7.4bn , substantially below the high basis of comparison in the first quarter of the prior year , driven by a sharp decline at Siemens Gamesa Renewable Energy ( SGRE ) . ● 1