How the Siemens divisions performed in the first quarter of 2019

© Siemens

With an order intake of €25.2 billion, Siemens achieved its highest absolute figure in over ten years in the first quarter. The order backlog of 137 billion euros is a historic record, which - according to Kaeser - "should still be worth a lot in times of a potential economic downturn". Adjusted EBITA for the industrial business, on the other hand, fell, as did earnings per share (EPS).