Financial year 2022Siemens with 10.3 billion euros profit
Despite the war in Ukraine, high write-downs from the energy business and supply chain problems, Siemens was able to increase its profit from the industrial business to €10.3 billion. The Group aims to earn significantly more in the 2023 financial year.
The growth in order intake was largely determined by a significant number of larger orders in the product lifecycle management (PLM) software business. Due to the high volume of customer orders brought forward in previous quarters, incoming orders in the Factory Automation business were lower than in the strong prior-year quarter (Q4/2021). Sales revenue increased in all business areas, with the Factory Automation and Motion Control business areas making the strongest contributions to growth.