03 Dec 2009

Siemens demonstrates operational strength in a difficult environment in fiscal 2009

Announcing Siemens' annual financial results for 2009 in Munich today, CEO Peter Loescher said: "In a very difficult environment, Siemens performed very well in 2009 compared to its key competitors. Supported by our Energy and Healthcare Sectors, we can look back with pride on our stable revenue development and our robust profit on a operational basis. With new energy we started in fiscal 2010 and have strengthened our portfolio by the addition of Solel. We see substantial further potential worldwide in the area of environmental technology. To ensure the sustainable viability of businesses that have been particularly affected by the crisis we are continuing to rigorously implement all necessary measures. The overall market environment will remain challenging in 2010."

Financial Highlights

• Orders came in at €18.747 billion, 16% below the prior-year period.

Orders came in at €18.747 billion, 16% below the prior-year period.

• Revenue of €19.714 billion was down 9% compared to the prior-year quarter, despite stable revenue in Energy and Healthcare.

Revenue of €19.714 billion was down 9% compared to the prior-year quarter, despite stable revenue in Energy and Healthcare.

• Total Sectors profit climbed 25% from the prior-year level, to €1.923 billion.

Total Sectors profit climbed 25% from the prior-year level, to €1.923 billion.

• Free cash flow from continuing operations was €3.158 billion, up 13% from the strong prior-year quarter.

Free cash flow from continuing operations was €3.158 billion, up 13% from the strong prior-year quarter.

• Net income was a negative €1.063 billion, due primarily to a non-cash loss of €1.962 billion related to Nokia Siemens Networks.

Net income was a negative €1.063 billion, due primarily to a non-cash loss of €1.962 billion related to Nokia Siemens Networks.

• For fiscal 2009, revenue was nearly unchanged compared to the prior year, Total Sectors profit rose to €7.466 billion, and income from continuing operations increased to €2.457 billion. Siemens proposed a dividend of €1.60 per share the same as in fiscal 2008.

For fiscal 2009, revenue was nearly unchanged compared to the prior year, Total Sectors profit rose to €7.466 billion, and income from continuing operations increased to €2.457 billion. Siemens proposed a dividend of €1.60 per share the same as in fiscal 2008.

For the full results click here


About Siemens

Siemens AG (Berlin and Munich) is a leading technology company focused on industry, infrastructure, transport, and healthcare.

From more resource-efficient factories, resilient supply chains, and smarter buildings and grids, to cleaner and more comfortable transportation as well as advanced healthcare, the company creates technology with purpose adding real value for customers.

By combining the real and the digital worlds, Siemens empowers its customers to transform their industries and markets, helping them to transform the everyday for billions of people.

Siemens also owns a majority stake in the publicly listed company Siemens Healthineers, a globally leading medical technology provider shaping the future of healthcare.

In fiscal 2023, which ended on September 30, 2023, the Siemens Group generated revenue of €77.8 billion and net income of €8.5 billion.

As of September 30, 2023, the company had around 320,000 employees worldwide.

Further information is available on the Internet at www.siemens.com.