Munich, 2015-Jul-30
Third-quarter orders up 4% year-over-year, at €19.9 billion, including a €1.6 billion order in Mobility; excluding currency translation and portfolio effects, orders down 5%
Revenue 8% higher at €18.8 billion, for a book-to-bill ratio of 1.05; revenue 3% lower on a comparable basis
Industrial Business profit level, at €1.8 billion; strong improvements in Energy Management and Healthcare largely offset by a decline in Power and Gas
Net income at €1.4 billion; basic earnings per share (EPS) increased to €1.65, up from €1.62 in Q3 FY 2014
At the end of the quarter, the Power and Gas Division closed its acquisition of Dresser-Rand, substantially expanding its offerings for the oil and gas industry and distributed power generation
"Overall our businesses delivered solid underlying profitability despite a softening market environment. We expect to maintain our momentum with a strong closing quarter for fiscal 2015."
Joe Kaeser, President and Chief Executive Officer of Siemens AG

Please read the complete Earnings Release and Financial Results in the attached PDF: Earnings Release and Financial Results
Financial Publications are available for download at: www.siemens.com/ir -> Publications & Events.

This document contains statements related to our future business and financial performance and future events or developments involving Siemens that may constitute forward-looking statements. These statements may be identified by words such as "expect," "look forward to," "anticipate," "intend," "plan," "believe," "seek," "estimate," "will," "project" or words of similar meaning. ......

Jürgen Brandes named CEO of Process Industries and Drives Division
Munich, 2015-Jul-30
Jürgen Brandes (54) has been appointed CEO of Siemens’ Process Industries and Drives Division, effective October 1, 2015. He will succeed Peter Herweck (48), who is leaving the company at the end of the fiscal year. Brandes has been at Siemens for 25 years and is currently CEO of the company’s Mobility Management Business Unit. He previously held a variety of positions in Siemens’ automation and drives technology business both in and outside Germany.
"We'd like to thank Peter Herweck for his many years of dedication in a wide variety of positions at our company, including, prior to his appointment as Division CEO, several years in China and as head of Corporate Strategy. We wish him every success in his future career," said Klaus Helmrich, member of the Managing Board of Siemens AG.
The Process Industries and Drives Division bundles Siemens' electrification and automation offerings for customers in the core segments of the process industry. The Division provides products, systems, solutions and services for rapidly growing vertical markets like the chemicals, pharmaceutical, and food and beverages industries.

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http://www.siemens.com/press/pool/de/events/2015/corporate/2015-Q3/2015-Q3-earnings-release-e.pdf

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