© Siemens

Mobility recorded a slight increase in sales revenue on a comparable basis of 2% to EUR 2.608 billion (Q3/2023: EUR 2.560 billion). In contrast, incoming orders fell by 71% on a comparable basis to EUR 2.399 billion (Q3/2023: EUR 8.330 billion). However, the third quarter of 2023 saw a record order intake with several major orders, including a EUR 2.5 billion order for a turnkey rail system in Egypt and a EUR 2.1 billion order for S-Bahn trains in Germany. Earnings amounted to EUR 227 million and the profit margin was 8.7% compared to 8.1% in the same quarter of the previous year.