Ad hoc: Siemens Energy AG announces preliminary results for first quarter of fiscal year 2021 and confirms its outlook for fiscal year 2021

Order intake: €7,432m (Q1 FY 2020: €10,029m; consensus €7,237m), down 26% nominal

Revenue: €6,541m (Q1 FY 2020: €6,373m; consensus: €6,710m), up 3% nominal 

Adjusted EBITA: €243m (Q1 FY 2020: neg. €117m; consensus: neg. €26m), reflecting a margin of 3.7% (Q1 FY 2020: neg. 1.8%; consensus: neg. 0.4%) 

Adjusted EBITA before Special Items: €366m (Q1 FY 2020: neg. €74m; consensus: €119m), reflecting a margin of 5.6% (Q1 FY 2020: neg. 1.2%; consensus: 1.8%)

Order intake: €5,166m (Q1 FY 2020: €5,434m; consensus €4,616m), down 5% nominal

Revenue: €4,292m (Q1 FY 2020: €4,420m; consensus: €4,331m), down 3% nominal 

Adjusted EBITA: €191m (Q1 FY 2020: €51m; consensus: €14m), reflecting a margin of 4.5% (Q1 FY 2020: 1.2%; consensus: 0.3%)

Adjusted EBITA before Special Items: €267m (Q1 FY 2020: €68m; consensus: €89m), reflecting a margin of 6.2% (Q1 FY 2020: 1.5%; consensus: 2.1%)

The above figures are preliminary and Siemens Energy AG will publish its full earnings release for the first quarter of fiscal year 2021 on February 2, 2021. 

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This document includes supplemental financial measures – that are not clearly defined in the applicable financial reporting framework – and that are or may be alternative performance measures (non-GAAP-measures). These supplemental financial measures should not be viewed in isolation or as alternatives to measures of Siemens Energy´s net assets and financial position or results of operations as presented in accordance with the applicable financial reporting framework in its consolidated financial statements. Other companies that report or describe similarly titled alternative performance measures may calculate them differently. Explanations of financial measures used can be found in the Annual Report 2020 of Siemens Energy AG (available at https://assets.siemens-energy.com/siemens/assets/api/uuid:e28c0ec6-2e23-4dc4-811a-7eccc4bd035f/2020-12-07-siemens-energy-ag-annual-report-2020.pdf), in particular in Section 1.2. Due to rounding, numbers presented throughout this and other documents may not add up precisely to the totals provided and percentages may not precisely reflect the absolute figures.