Earnings release
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Siemens Healthineers again raises outlook for fiscal year 2021 after strong third quarter Erlangen , July 30 , 2021 - Siemens Healthineers AG today announced its results for the third quarter of fiscal year 2021 that ended June 30 , 2021 . Q3 Fiscal Year 2021 Very good revenue development across the board in the third quarter - comparable growth of 38.9 % from prior - year quarter , which was considerably challenged by the COVID - 19 pandemic Equipment book - to - bill ratio at a very good 1.18 Revenue from rapid COVID - 19 antigen tests reaches peak in the third quarter - Diagnostics revenue doubled year - over - year , with a comparable growth of 103.4 % Comparable revenue growth of 17.0 % in Imaging ; Advanced Therapies with a comparable growth of 11.8 % • Varian acquisition successfully completed on April 15 , 2021 - excellent start of Varian within Siemens Healthineers with an equipment book - to - bill ratio of 1.37 and a solid revenue contribution Adjusted EBIT doubled to € 945 million - strong margin of 18.8 % Adjusted basic earnings per share up 84 % to € 0.56 from € 0.31 in the prior - year quarter Free cash flow by far more than doubled year - over - year to € 852 million Updated Outlook for Fiscal Year 2021 Comparable revenue growth between 17 % and 19 % expected ( previously 14 % to 17 % ) Adjusted basic earnings per share between € 1.95 and € 2.05 ( previously € 1.90 to € 2.05 ) Bernd Montag , CEO of Siemens Healthineers AG : >> The Siemens Healthineers team , strengthened by our new colleagues from Varian since April , again delivered an excellent per formance in the third quarter . With significant growth in revenue , earnings and cash flow , the strong business momentum from the previous quarters continued . Now , as an even stronger team we are an even more attractive partner for our customers and are overall increasing our relevance for healthcare systems globally . Based on the overall excellent development in the first nine months , we are again raising the outlook for fiscal year 2021 . <<