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DGAP-Adhoc: Siemens Aktiengesellschaft: Preliminary operating results for first quarter of fiscal year 2021 significantly above market expectations

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DGAP-Ad-hoc: Siemens Aktiengesellschaft / Key word(s): Quarter Results
Siemens Aktiengesellschaft: Preliminary operating results for first quarter of fiscal year 2021 significantly above
market expectations
21-Jan-2021 / 19:06 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP - a
service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
Munich, January 21, 2021
Disclosure of an inside information according to Article 17 MAR
Preliminary operating results for first quarter of fiscal year 2021 significantly above market expectations
Following a significantly better-than-expected business performance, the preliminary operating results for Siemens'
businesses for the first quarter of fiscal year 2021 have exceeded market expectations. The figures below for the first
quarter of fiscal year 2021 are preliminary:
Digital Industries
- Orders: EUR4,120m, comparable +2% yoy (year-over-year), nominal -3% yoy (consensus: EUR3,995m)
- Revenue: EUR3,765m, comparable +5% yoy, nominal 0% yoy (consensus: EUR3,561m)
- Adj. EBITA: EUR848m (consensus: EUR592m)
- Adj. EBITA margin: 22.5% (consensus: 16.6%)
Smart Infrastructure
- Orders: EUR3,806m, comparable +7% yoy, nominal +1% yoy (consensus: EUR3,547m)
- Revenue: EUR3,477m, comparable +4% yoy, nominal -1% yoy (consensus: EUR3,343m)
- Adj. EBITA: EUR391m (consensus: EUR300m)
- Adj. EBITA margin: 11.2% (consensus: 9.0%)
Mobility
- Orders: EUR2,742m, comparable +67% yoy, nominal +65% yoy (consensus: EUR2,348m)
- Revenue: EUR2,193m, comparable +4% yoy, nominal +1% yoy (consensus: EUR2,259m)
- Adj. EBITA: EUR219m (consensus: EUR227m)
- Adj. EBITA margin: 10.0% (consensus: 10.0%)
Siemens will review its outlook for fiscal year 2021 and will publish its full earnings release for the first quarter
of fiscal year 2021 on February 3, 2021.
Disclaimer
This document contains statements related to our future business and financial performance and future events or
developments involving Siemens that may constitute forward-looking statements. These statements may be identified by
words such as "expect," "look forward to," "anticipate" "intend," "plan," "believe," "seek," "estimate," "will,"
"project" or words of similar meaning. We may also make forward looking statements in other reports, in prospectuses,
in presentations, in material delivered to shareholders and in press releases. In addition, our representatives may
from time to time make oral
forward-looking statements. Such statements are based on the current expectations and certain assumptions of Siemens'
management, of which many are beyond Siemens' control. These are subject to a number of risks, uncertainties and
factors, including, but not limited to those described in disclosures, in particular in the chapter Report on expected
developments and associated material opportunities and risks of the Annual Report. Should one or more of these risks or
uncertainties materialize, events of force majeure, such as pandemics, occur or should underlying expectations
including future events occur at a later date or not at all or assumptions prove incorrect, actual results, performance
or achievements of Siemens may (negatively or positively) vary materially from those described explicitly or implicitly
in the relevant forward-looking statement. Siemens neither intends, nor assumes any obligation, to update or revise
these forward-looking statements in light of developments which differ from those anticipated.
This document includes - in the applicable financial reporting framework not clearly defined - supplemental financial
measures that are or may be alternative performance measures (non-GAAP- measures). These supplemental financial
measures should not be viewed in isolation or as alternatives to measures of Siemens' net assets and financial
positions or results of operations as presented in accordance with the applicable financial reporting framework in its
Consolidated Financial Statements. Other companies that report or describe similarly titled alternative performance
measures may calculate them differently. Explanations of financial measures used can be found in the Annual Report 2020
of Siemens AG (available at http://www.siemens.com/investor/pool/en/investor_relations/Siemens_AR2020.pdf), in
particular in section A.2.
Due to rounding, numbers presented throughout this and other documents may not add up precisely to the totals provided
and percentages may not precisely reflect the absolute figures.
Contact:
Eva Riesenhuber
Head of Siemens Investor Relations
Werner-von-Siemens-Str. 1
80333 Munich
+49 (0) 89-636-32474
investorrelations@siemens.com
21-Jan-2021 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and
Press Releases.
Archive at www.dgap.de
Language: English
Company: Siemens Aktiengesellschaft
Werner-von-Siemens-Str. 1
80333 München
Germany
Phone: +49 (0)89 636-00
Fax: +49 (0)89 636-1332474
E-mail: investorrelations@siemens.com
Internet: www.siemens.com
ISIN: DE0007236101
WKN: 723610
Indices: DAX, EURO STOXX 50,
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf,
Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange
EQS News ID: 1162405

End of Announcement DGAP News Service

1162405 21-Jan-2021 CET/CEST

END) Dow Jones Newswires

January 21, 2021 13:07 ET ( 18:07 GMT)
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