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Save the date2021-05-05 08:30:00Europe/Parisuse-titleSecond Quarter Results FY 2021We will release our second quarter financial results for the fiscal year 2021 on May 5, 2021. The Press Conference Call will be broadcast live. You can follow the webcast under www.siemens-energy.com/pressconference. Munich
We released our second quarter financial results for the fiscal year 2021 on May 5, 2021, at 07:00 AM CEST. The Press Conference Call was broadcasted live at 08:30 AM CEST.
Save the date2021-05-05 08:30:00Europe/Parisuse-titleSecond Quarter Results FY 2021
Orders rose by 39.0% to €10.5bn, substantially above the prior-year quarter, driven by Siemens Gamesa Renewable Energy (SGRE). Revenue moderately decreased by 4.4% to €6.5bn. On a comparable basis (excluding currency translation and portfolio effects) revenue was on prior-year’s level. Book-to-bill ratio (ratio of orders to revenue) was at 1.62, lifting order backlog to €84.2bn. Adjusted EBITA was €197m, sharply up from €88m in the prior-year quarter which was negatively impacted by the COVID-19 pandemic and project related matters, predominantly at SGRE. The recent quarter showed a solid performance with an improved operational profitability. With special items totaling negative €91m, Adjusted EBITA before special items sharply increased to €288m with a margin of 4.4%. Net income was €31m up sharply after a loss in the prior-year quarter. Corresponding basic earnings per share (EPS) rose to €0.03. For fiscal year 2021, management confirms the profitability outlook of 3% to 5% for the Adjusted EBITA margin before special items, while narrowing the range of expected revenue growth for Siemens Energy overall and both segments individually. For Siemens Energy, the nominal revenue growth rate in fiscal year 2021 now is expected to be in a range of 3% to 8%, previously 2% to 12%.
Munich
We released our second quarter financial results for the fiscal year 2021 on May 5, 2021, at 07:00 AM CEST. The Press Conference Call was broadcasted live at 08:30 AM CEST.
