In Q1 16/17 ending in December, revenues increased marginally by 1.2% to €19.12bn. The order intake, however, declined by 14.2% from €22.8bn to €19.5bn and the order backlog reached €115bn. The book-to-bill ratio is still hovering at around 1.02. The decline in order intake was due to large orders booked in Q1 15/16. Base orders remained stable. EBIT jumped 25.9% to €2.24bn and the EBIT margin increased from 9.4% to 11.7%. Net income increased 24.8% to €1.9bn. Ei
01 Feb 2017
Beating expectations and guidance raised!
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Beating expectations and guidance raised!
Siemens Aktiengesellschaft (SIE:WBO) | 0 0 0.4% | Mkt Cap: 93,908m
- Published:
01 Feb 2017 -
Author:
Heinz Steffen -
Pages:
3
In Q1 16/17 ending in December, revenues increased marginally by 1.2% to €19.12bn. The order intake, however, declined by 14.2% from €22.8bn to €19.5bn and the order backlog reached €115bn. The book-to-bill ratio is still hovering at around 1.02. The decline in order intake was due to large orders booked in Q1 15/16. Base orders remained stable. EBIT jumped 25.9% to €2.24bn and the EBIT margin increased from 9.4% to 11.7%. Net income increased 24.8% to €1.9bn. Ei