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Siemens AG Wittelsbacherplatz 2 80333 München, Germany http://www.siemens.com
Contact Mr Dr. Simon Friedle +49 89 63620012
Company logo of Siemens AG
Siemens AG

Outstanding start to fiscal 2021 - Annual guidance raised significantly

(PresseBox) (München, )



Revenue increased in first quarter to €14.1 billion, orders surged to €15.9 billion
Adjusted EBITA Industrial Businesses jumped 39 percent year-over-year to €2.1 billion and adjusted EBITA margin to 16.0 percent Q1 2020: 11.7 percent)
Net income rose substantially to €1.5 billion (Q1 2020: €1.1 billion)
Free cash flow improved significantly to €1.0 billion (Q1 2020: €44 million)
Net income in 2021 expected to be between €5.0 billion and €5.5 billion


Siemens AG has started off fiscal 2021 with a strong first quarter. From October to December 2020, orders, revenue and net income considerably exceeded both the prior-year figures
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The publisher indicated in each case (see company info by clicking on image/title or company info in the right-hand column) is solely responsible for the stories above, the event or job offer shown and for the image and audio material displayed. As a rule, the publisher is also the author of the texts and the attached image, audio and information material. The use of information published here is generally free of charge for personal information and editorial processing. Please clarify any copyright issues with the stated publisher before further use. In case of publication, please send a specimen copy to service@pressebox.de.