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Earnings Release and Financial Results Q3 FY 2015, April 1 to June 30, 2015: Solid Q3 performance, softening market environment

30 July 2015

  • 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,«  said  Joe  Kaeser,  President  and  Chief  Executive Officer of Siemens AG.

Please read the complete Earnings Release in the attached PDF: here

Marie Agaliotou