Annual Press Conference 2018

• On a comparable basis, excluding currency translation and portfolio effects, orders rose 8% and revenue increased 2%, with the majority of the industrial businesses contributing to growth
  
• On a nominal basis, orders rose 6%, to €91.3 billion; revenue was up slightly at €83.0 billion; the book-to-bill ratio was 1.10
  
• Industrial Business profit came in lower, at €8.8 billion, as profit increases in most industrial businesses did not fully offset sharply lower profit at Power and Gas
  
• Industrial Business profit margin excluding severance charges of 11.3%, clearly in the guidance range of 11% to 12%; profit margin including severance charges of €0.8 billion was 10.4% with most industrial businesses within or above their target ranges
  
• Net income up slightly at €6.1 billion; basic earnings per share (EPS) of €7.12; excluding severance charges, basic EPS at €7.88, well within the guidance range of €7.70 to €8.00
  
• Free cash flow rose to €5.8 billion, up 22% year-over-year
  
• Siemens proposes to raise the dividend €0.10 per share, to €3.80 per share
  
• Successful completion of share buyback program initiated in November 2015 with a volume of €3.0 billion; new share buyback program announced with volume up to €3.0 billion until November 2021 
  

"We again delivered what we promised and fully reached our guidance which we raised at mid-year. This shows the strength of our global team which competed convincingly in both growth markets and difficult environments, and achieved another strong performance. In fiscal 2019 we will give our businesses even greater entrepreneurial freedom, and lay the foundation for execution of Vision 2020+," said Joe Kaeser, President and Chief Executive Officer of Siemens AG.

• Volume of up to €3 billion
  
• Share buyback to be executed by November 15, 2021

Siemens announced a new share buyback program today. The new buyback, with a volume of up to €3 billion, is to be executed in the period ending on November 15, 2021.

“The share buyback is, in addition to an attractive dividend, another important element for enabling our shareholders to participate in our company’s success. We’re using a portion of the repurchased shares to service our employee equity programs, and thus also to foster our Ownership Culture. Already today, more than 300,000 employees hold Siemens shares,” said Ralf P. Thomas, Chief Financial Officer of Siemens AG.