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Siemens Digital Industries
© Siemens

Excluding currency translation and portfolio effects, growth in incoming orders at Digital Industries amounted to 2% (Q1/20: €4.228 billion; Q1/21: €4.120 billion). The automation business saw particularly strong growth: The division recorded double-digit growth in China and Germany. Compared to the same quarter of the previous year, sales rose from 3.762 billion euros to 3.765 billion euros. In China, sales increased by a double-digit percentage. The software business, on the other hand, was slightly down on the same quarter of the previous year (EUR 1.014 billion) at EUR 1.004 billion. As already mentioned, the development of adjusted EBITA also benefited from a sharp year-on-year decline in personnel restructuring expenses (Q1/20: EUR -115 million; Q1/21: EUR -14 million) as well as cost savings as a result of the implementation of the cost structure optimization program and due to COVID-19 restrictions, such as lower travel and marketing expenses.

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