SiemensFirst half-year lays foundation for strong financial year
Siemens has announced its figures for the second quarter of 2019 and recorded increases in order intake and sales as well as a record order backlog.
© Siemens
Due to a number of major orders, including an order worth EUR 0.7 billion for diesel-electric locomotives (including a long-term service contract) in the USA and two orders in Germany worth EUR 0.4 billion and EUR 0.3 billion respectively for regional multiple units, the Mobility segment recorded a very strong increase in order intake. Sales revenue was almost on a par with the previous year. The division operated at a high level of profitability, partly held back by the timing of major train projects.