Earnings release
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Earnings Release Q2 FY 2021 JANUARY 1 TO MARCH 31 , 2021 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 . " ● Munich , Germany , May 7 , 2021 " 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 revenue rose 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 SIEMENS