The quarterly figures are in
Siemens with significant profit increase
Strong sales, very good order intake and a profit of €1.8 billion - this is how the first quarter of fiscal year 2022 can be summarized for Siemens.
Siemens will publish its figures for the first quarter of the current fiscal year at the Annual Shareholders' Meeting on February 10. After a very successful fiscal year 2021 with a profit of €6.7 billion, the Group has made a positive start to the new year: Order intake increased by 42% to €24.2 billion on a comparable basis compared to the same period last year. Compared to Q1/2021, the Group was able to increase turnover by 9% to EUR 16.5 billion. This increase is primarily due to the high growth rates in all industrial businesses: Earnings there increased by 12 percent to EUR 2.5 billion; the earnings margin here was 15.7 percent after 16.5 percent in the same quarter of the previous year. Profit after tax amounted to EUR 1.8 billion, which corresponds to growth of 20% compared to the same quarter of the previous year. At EUR 1.1 billion, free cash flow is also stronger than in Q1/2022 (EUR 1.0 billion).
On Wednesday evening, February 9, there were initial reports that Siemens was selling its parcel and mail business(materialfluss reported) and divesting its share in the electric car joint venture with Valeo. Valeo is taking over the partner's share in the joint venture. Siemens expects this to have a positive effect on earnings of €300 million in the current second fiscal quarter. In addition, Siemens had already announced in January that it was selling the road traffic technology unit Yunex Traffic to Atlantia.
You might also be interested in
Emission-free e-truck for Siemens plant in Leipzig
Since the beginning of June, an e-truck has been transporting goods within a radius of 100 kilometers for Siemens Smart Infrastructure's Leipzig plant for low-voltage switchgear.
read more...Siemens Nederland and VDL intensify cooperation
Next fall, the two companies will launch the second generation of their automated logistics platform based on automated guided vehicles (AGVs) for industrial companies with mixed traffic on their premises.
read more...Pocket sorter: goods transported autonomously to their destination
TGW Logistics installs a SmartPocket system for the mail order company Personalshop in Polling, Tyrol.
read more..."Dancing with Robots"
With a live performance under the motto "Dancing with Robots", Trapo will be presenting intelligent automation and robotics solutions for the packaging industry at Interpack 2026.
read more...100+ installations worldwide: Trust through practice
Automation must function reliably, every day, at all times. With more than 100 adapter-based sorting systems from Dürkopp Fördertechnik (DFT) installed worldwide, the technology has proven itself in continuous industrial operation.
read more...Bonfiglioli focuses on modularity and automation
Bonfiglioli had two stands at Logimat: in Hall 9 with forklift trucks and warehouse machines and in Hall 3 for materials handling technology and industrial automation. In the area of industrial trucks, the company presented complete drive solutions,...
read more...Movu Robotics at the Logimat 2026
Transformation to a 4-way pallet shuttle system
Movu Robotics, a member of the stow Group, will be demonstrating at Logimat how it is driving the large-scale transformation of automated storage and retrieval systems (ASRS) to 4-way pallet shuttle technology.
read more...Bosch Rexroth at the Logimat 2026
Humanoid robot on AMR platform
Mobile robotics is well established in intralogistics, now humanoid robotics is moving more into focus. At Logimat, Bosch Rexroth is presenting a mobile humanoid robot on an AMR platform for the first time.
read more...Experience Zero-Touch live
Schönenberger Systeme will be presenting a live intralogistics system that demonstrates the zero-touch approach from goods receipt to goods issue. The focus will be on the combined transportation of hanging and flat goods, the handling of batch size...
read more...