First Quarter Results FY 2019

Munich, January 30, 2019. We released our first quarter results for fiscal year 2019 on January 30, 2019. The Press Conference and the Analyst Call were broadcast live. 

"Our continued high order growth underlines the customer confidence in the performance of our company," said Joe Kaeser, President and Chief Executive Officer of Siemens AG.

Webcast

Webcast

Press Conference

The press conference and presentation were broadcast live.

Please find information about the Analyst Call at www.siemens.com/analystcall.

Press Releases

Press Releases

Earnings Release and Financial Results Q1 FY 2019: Strong orders continue into the new fiscal year

"Our continued high order growth underlines the customer confidence in the performance of our company. There is still much to do before we achieve industry-leading margins in all our businesses," said Joe Kaeser, President and Chief Executive Officer of Siemens AG.

  • Orders increased 13% on a comparable basis, excluding currency translation and portfolio effects, and revenue grew 2% compared to Q1 FY 2018
  • On a nominal basis, orders rose 12%, to €25.2 billion and revenue was up 1%, to €20.1 billion; the book-to-bill ratio was 1.25 
  • Adjusted EBITA for Industrial Business was lower, at €2.1 billion, due mainly to a decline in Power and Gas; Industrial Business Adjusted EBITA margin at 10.2%, held back by severance charges amounting to 0.4 percentage points 
  • Net income came in at €1.1 billion, resulting in basic EPS of €1.26, which was burdened by €0.08 from severance charges; the change year-over-year is due to two substantial positive factors outside of Industrial Business in the prior-year period: a gain from the sale of shares in OSRAM Licht AG and sharply lower income tax expenses related to U.S. tax reform

Beginning with the first quarter of fiscal 2019, the rail traction drives business was transferred from the Process Industries and Drives Division to the Mobility Division. Prior-period amounts are presented on a comparable basis.

Further Information

Further Information

Statements Joe Kaeser

Statements Joe Kaeser

Results for the first quarter of fiscal 2019. Statements by Joe Kaeser, President and Chief Executive Officer of Siemens AG, on the first quarter results of fiscal 2019.

"Our continued high order growth underlines the customer confidence in the performance of our company. There is still much to do before we achieve industry-leading margins in all our businesses," said Joe Kaeser, President and Chief Executive Officer of Siemens AG.

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Joe Kaeser

President and CEO

Press pictures
Biography

Ralf P. Thomas

Chief Financial Officer 

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Biography