Q3/2023Siemens reports strong order intake
Solid is how the results for the 3rd quarter can be described. Siemens was able to increase sales by 10 % and incoming orders were 15 % up on the same period last year at 24.2 billion euros. However, the forecast has not been raised.
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The continued sharp decline in demand for rapid coronavirus antigen tests is weighing on Siemens Healthineers' Diagnostics business. Order intake fell from €6.1 billion in the third quarter of 2022 to €5.6 billion in the past quarter. On a comparable basis, revenue increased by 4% from €5.19 billion to €5.20 billion. The higher earnings are attributable to the Imaging and Advanced Therapies businesses.