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Siemens Q1/2024: Mobility
© Siemens

The Mobility division reported the largest increase in order intake: due to major orders - including two orders from Austria with a volume of EUR 1.3 billion from existing framework agreements for the delivery of trains - order intake rose by 92% on a comparable basis to EUR 5.636 billion (Q1/2023: EUR 2.971 billion). In terms of sales, the division achieved double-digit growth rates in all businesses, with the order backlog in the rail vehicle business and rail infrastructure business being particularly strong. Earnings rose from EUR 195 million (Q1/2023) to EUR 251 million and also benefited from lagging Russia-related effects of around one percentage point, according to the Group.

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