© Siemens

Mobility increased its order intake on a comparable basis by 13% to EUR 2.5 billion due to a higher volume of major orders, while sales fell by 9% to EUR 2.1 billion. Due to the sanctions imposed on Russia, sales development was affected in particular in the rail vehicle and customer service business by a reduction in sales revenue of EUR 0.2 billion realized in previous periods. In addition, sales revenue for services rendered in the second quarter could not be recognized. As a result of the sanctions against Russia, earnings were impacted by impairments and other charges of around EUR 600 million; Mobility recorded a total loss of EUR 369 million; excluding Russia-related charges, the earnings margin amounted to 8.4%.