Siemens quarterly figures Q2/2022
On a comparable basis, incoming orders increased by 22% to EUR 21.0 billion (Q2/2021: EUR 15.9 billion). The order backlog stands at EUR 94 billion. The Group was also able to increase sales by 7% to EUR 17.0 billion (Q2/2021: EUR 14.7 billion). Earnings from industrial business fell from EUR 2.0 billion in Q2/2021 to EUR 1.2 billion in Q2/2022 and, as mentioned above, were impacted by EUR 600 million as a result of the sanctions imposed on Russia. In addition, the prior-year quarter recorded a one-off gain of EUR 0.9 billion within discontinued operations from the sale of Flender. Profit after tax halved to EUR 1.2 billion, while free cash flow at Group level increased by EUR 100 million to EUR 1.3 billion compared to the same quarter of the previous year.