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Siemens AG

London, 2013-May-02

Second Quarter Results FY 2013

We released our results for the second quarter and first half of fiscal 2013 on May 02, 2013. The conference call was broadcast live on the internet.

Press Releases

Munich, May 02, 2013

Earnings Release Q2 FY 2013: Mixed Picture, Focus on Execution - Lower Revenue & Total Sectors profit Double-digit order growth, EPS up 17%

"Results for the second quarter show a mixed picture. While we were able to clearly increase orders, we still have challenges regarding revenue and profit. Even more we're focusing on the factors that lie in our own hands: we're rigorously executing our company-wide Siemens 2014 program."

Munich, May 02, 2013

Mixed picture in second quarter

New orders climb 20 percent due to major orders
Order backlog at €101 billion
Revenue declines seven percent
Net income increases to €1 billion
Earnings per share rise from €1.03 to €1.20
Free cash flow improves to nearly €1.4 billion
Challenges at rail systems and offshore grid connection projects
Focus on rigorous execution of Siemens 2014

Siemens' results for the second quarter of fiscal 2013 present a mixed picture. New orders, free cash flow and earnings per share showed substantial improvement. Revenue and Total Sectors profit declined, primarily due to a still difficult market environment. Total Sectors profit was also impacted again by burdens at the company's high-speed trains business and from offshore grid connection projects in the North Sea.

Live Broadcast

Recording of the conference call

Conference for Investors and Analysts

Please find information about the conference for investors and analysts on May 02, 2013, at 10:30 AM CEST at www.siemens.com/analystconference.

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Presentation and Speeches

Podcast / Audio

Audio Recording

Contact

Siemens Media Relations

+49 (89) 636-36366

press@siemens.com

Financial data

Annual Report

Compensation Report 2012

First Quarter 2013

Fourth Quarter 2012

Third Quarter 2012

Second Quarter 2012

More financial data

Peter Löscher

President and CEO

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Joe Kaeser

CFO

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Disclaimer

Disclaimer "forward looking statements"

Last update

2013-05-02
12:25 PM CEST

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