Quarterly figures Q1/2022Siemens increases profit by 20
Strong sales, a significant increase in order intake and a profit of €1.8 billion - this summarizes the first quarter of fiscal year 2022 for Siemens.
Digital Industries' order intake increased by 67% on a comparable basis to EUR 7.1 billion. The growth extends across all businesses and regions. The Factory Automation and Motion Control divisions contributed the most to this development. Sales revenue also increased in all businesses and reporting regions on a comparable basis by a total of 11% to EUR 4.3 billion. Earnings amounted to EUR 947 million and exceeded the previous year's quarterly figure by 12%, while the earnings margin was 21.8%. As expected, profitability was impacted by higher expenses for cloud-based activities, including the effects of the planned conversion of parts of the business to SaaS (Software-as-a-Service).