Earnings release
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Siemens Healthineers raises outlook for fiscal year 2021 after outstanding first quarter Erlangen , February 1 , 2021 - Siemens Healthineers AG today announced its results for the first quarter of fiscal year 2021 that ended December 31 , 2020 . Q1 Fiscal Year 2021 • Excellent start into the fiscal year with 13.3 % comparable revenue growth from the prior - year quarter • Equipment book - to - bill ratio at a very good 1.16 • • Outstanding comparable revenue growth of 23.5 % in Diagnostics – significant revenue contribution from rapid COVID - 19 anti- gen tests in EMEA and return to growth in the core business High comparable revenue growth of 9.3 % in Imaging and 6.3 % in Advanced Therapies ; very good development in EMEA and Asia , Australia High profitability : Adjusted EBIT margin increases by 550 bps year - over - year to 19.1 % • Adjusted basic earnings per share up to € 0.49 , from € 0.36 in the prior - year quarter • Free cash flow by far more than doubled year - over - year to € 668 million Updated Outlook for Fiscal Year 2021 • Comparable revenue growth of 8 % to 12 % expected ( previously 5 % to 8 % ) • Adjusted basic earnings per share between € 1.63 and € 1.82 ( previously € 1.58 to € 1.72 ) Bernd Montag , CEO of Siemens Healthineers AG : >> We started into the new fiscal year with an outstanding quarter . This was made possible through the tireless efforts of the en- tire Siemens Healthineers team . Our comprehensive portfolio of imaging and diagnostics enables us to make important contri- butions in helping healthcare providers around the globe to master this pandemic successfully , impressively underlining our im- pact on society . Against the backdrop of the positive developments in the first quarter , we are raising our outlook for fiscal year 2021 . <<