In Q3 15/16 ending in June, the order intake increased 6% to €21.06bn (at constant currency +10%) and revenues 5.1% (at cc +9%) to €19.8bn. The order backlog reached a record level of €116bn and the book-to-bill ratio 1.06x. Gross profit increased 12.8% to €5.99bn and the gross margin rose from 28.2% to 28.7%. The EBIT margin jumped from 6.8% to 10%. Eight out of nine divisions were in the target margin range. Only the Process Industries and Drives division missed the targ
04 Aug 2016
Profitability driven by strong execution
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Profitability driven by strong execution
Siemens Aktiengesellschaft (SIE:WBO) | 0 0 0.4% | Mkt Cap: 93,908m
- Published:
04 Aug 2016 -
Author:
Heinz Steffen -
Pages:
2
In Q3 15/16 ending in June, the order intake increased 6% to €21.06bn (at constant currency +10%) and revenues 5.1% (at cc +9%) to €19.8bn. The order backlog reached a record level of €116bn and the book-to-bill ratio 1.06x. Gross profit increased 12.8% to €5.99bn and the gross margin rose from 28.2% to 28.7%. The EBIT margin jumped from 6.8% to 10%. Eight out of nine divisions were in the target margin range. Only the Process Industries and Drives division missed the targ