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SIEMENS energy Earnings Release Q3 FY , 2021 April 1 to June 30 , 2021 siemens-energy.com Munich , Germany , August 4 , 2021 - Siemens Energy today announced its results for the third quarter of fiscal year 2021 that ended June 30 , 2021 . Siemens Energy - Gas and Power segment on track , SGRE impacted by onshore wind business ● Christian Bruch , President and Chief Executive Officer of Siemens Energy AG , said ,, Our activities at Gas and Power are fully on track and the segment delivered as planned . At the same time , we are not satisfied with the performance of SGRE which suffered a significant setback in the turnaround of the onshore business . This does not change the attractive market fundamentals for Siemens Energy , however due to the headwinds at SGRE we do not expect to reach the low end of the group margin guidance for the full year . " Strong order development at Gas and Power ( GP ) . Due to the expected volatile order development at Siemens Gamesa Renewable Energy ( SGRE ) orders dropped by 36.8 % to € 5.9bn against a strong order intake in Q3 FY 2020. Order backlog at quarter - end amounted to € 82.6bn . • Revenue increased by 8.8 % to € 7.3bn due to growth in both segments for a book - to - bill ratio ( ratio of orders to revenue ) below 1. On a compa rable basis ( excluding currency translation and portfolio effects ) revenue grew 11.2 % versus prior - year's level . Driven by GP's sharp improvement , Adjusted EBITA before special items for Siemens Energy was positive with € 54m ( Q3 FY 2020 : negative € 213m ) and a margin of 0.7 % , despite a loss at SGRE . The recent quarter was impacted by total special items of € 178m particularly related to GP's competitiveness program . Special items in Q3 FY 2020 however were negative € 969m , mainly resulting from strategic portfolio decisions . Overall , Adjusted EBITA came in with negative € 124m compared to negative € 1,182m a year earlier . • Net loss was € 307m , a sharp improvement compared to the loss in the prior - year quarter of € 1,132m . Corresponding basic earnings per share ( EPS ) were negative € 0.32 . For fiscal year 2021 , management confirms the outlook for nominal revenue growth in the range of 3 % to 8 % for Siemens Energy . However , due to the financial performance at SGRE's onshore business in the recent quarter and its significantly lower profit expectations for the fiscal year 2021 , management now expects an Adjusted EBITA margin before special items for Siemens Energy in the range of 2 % to below 3 % , previously 3 % to 5 % . 1