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.
The Siemens Group's order intake rose by 15% from €14.361 billion in Q1/20 to €15.940 billion in Q1/21. The increase in order intake was seen across all segments, but was led by Mobility, which recorded a very sharp rise in the volume of major orders. sales rose by 7% to €14.071 billion (Q1/20: €13.675 billion). In geographical terms, growth was strongest in China and Germany. Adjusted EBITA Industrial Business at Digital Industries increased from EUR 1.533 billion in the same quarter of the previous year to EUR 2.128 billion. This is attributable to a recovery in the high-margin short-cycle businesses and a sharp fall in personnel restructuring expenses.