"We've achieved outstanding, broad-based order growth. We're raising our earnings forecast for fiscal 2011 to at least €7.5 billion."
Peter Löscher, President and Chief Executive Officer of Siemens AG
Financial Highlights:*
For the fourth straight quarter, all Sectors of Siemens delivered order and revenue growth compared to the prior-year period, including growth in all reporting regions. Our emerging economies grew faster than orders and revenue overall.
Revenue rose 7% and orders climbed 28%. The book-to-bill ratio was 1.17 and the combined backlog for the Sectors was €92 billion.
Total Sectors profit of €3.695 billion including strong profit growth in Energy and Industry and a €1.520 billion gain from the divestment of Siemens' stake in Areva NP.
Income from continuing operations up to €3.174 billion. Corresponding basic EPS up to €3.58.
Free cash flow from continuing operations down to €354 million on increases in net working capital.
* During the second quarter of fiscal 2011, OSRAM and Siemens IT Solutions and Services were classified as discontinued operations. Prior-period results are presented on a comparable basis.
Financial Highlights:*
* During the second quarter of fiscal 2011, OSRAM and Siemens IT Solutions and Services were classified as discontinued operations. Prior-period results are presented on a comparable basis.
• For the fourth straight quarter, all Sectors of Siemens delivered order and revenue growth compared to the prior-year period, including growth in all reporting regions. Our emerging economies grew faster than orders and revenue overall.
• Revenue rose 7% and orders climbed 28%. The book-to-bill ratio was 1.17 and the combined backlog for the Sectors was €92 billion.
• Total Sectors profit of €3.695 billion including strong profit growth in Energy and Industry and a €1.520 billion gain from the divestment of Siemens’ stake in Areva NP.
• Income from continuing operations up to €3.174 billion. Corresponding basic EPS up to €3.58.
• Free cash flow from continuing operations down to €354 million on increases in net working capital.
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