Siemens quarterly figures Q1/2021Signs point to growth
Siemens today announced its figures for the first quarter of 2021. The Group management speaks of an excellent start and is significantly raising its forecast for the year.
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The Mobility division recorded a very sharp increase in the volume of major orders compared to the previous year: order intake rose by 67% from EUR 1.665 billion to EUR 2.742 billion. This includes orders from Germany worth EUR 0.4 billion for light rail vehicles, over EUR 0.3 billion for regional trains and an order worth EUR 0.1 billion for Germany's initiative to digitalize its rail infrastructure. The completed orders resulted in sales growth from EUR 2.180 billion to EUR 2.193 billion.
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