27 Jan '15, 6am

Siemens Q1 FY2015:

Earnings Release and Financial Results Q1 FY 2015: Q1 – Overall performance as expected First-quarter revenue up 5% to €17.415 billion; on a comparable basis, excluding currency translation and portfolio effects, revenue up 3% Orders of €18.013 billion for a book-to-bill ratio of 1.03; 11% decline compared to Q1 FY 2014, which included a €1.6 billion order in Saudi Arabia Industrial Business profit of €1.819 billion 4% lower due mainly to Power and Gas as expected; Industrial Business profit margin within the expected range Income from continuing operations of €1.106 billion burdened outside the Industrial Business; furthermore negative swing within discontinued operations affects Net income which was €1.095 billion, with basic earnings per share (EPS) of €1.30 Strong contribution to Free cash flow from Industrial Business During the first quarter, Siemens classified the h...

Full article: http://www.siemens.com/press/en/events/2015/corporate/201...

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