• On a nominal basis, orders climbed 16% to €22.8 billion driven by a higher volume from large orders, while revenue came in at €20.5 billion, 4% lower than the prior-year quarter due primarily to currency translation effects; the book-to-bill ratio was 1.11
• Industrial Business profit was up 2% at €2.2 billion and Industrial Business profit margin was 10.7%; excellent performance by Digital Factory and improvements in many Divisions partly offset by a sharp decrease in profit and profitability at Power and Gas
• On a comparable basis, excluding currency translation and portfolio effects, orders rose 21% and revenue was level with the prior-year period
• Net income of €1.2 billion was held back by substantially higher income tax rate compared to Q3 FY 2017, which also benefited from positive effects in Centrally managed portfolio activities; basic earnings per share (EPS) of €1.36 compared to €1.67 in Q3 FY 2017
“Our global team delivered a strong quarter, highlighted by outstanding order intake, outperforming the market. We diligently address our opportunities and challenges going forward,” said Joe Kaeser, President and Chief Executive Officer of Siemens AG.

The Supervisory Board of Siemens AG intends to propose to the Annual Shareholders’ Meeting the appointment of Ernst & Young GmbH, Stuttgart, to serve as independent auditors for fiscal 2019. This is the result of an intensive dialogue between the Supervisory Board, the Audit Committee and the Managing Board of Siemens AG as well as of an extensive tender process pursuant to relevant European statutory provisions. In the view of the aforementioned governing bodies and committee, Ernst & Young presented the most attractive offer in the tender process.

• Siemens to acquire mendix, a leader in low-code application development, for €0.6 billion
• Closing of transaction expected in first quarter of fiscal year 2019
• Acquisition to accelerate adoption of MindSphere by ecosystem growth and 10x faster application development
Siemens has signed an agreement today to acquire mendix, a pioneer and leader in cloud native low code application development. Under the agreement, Siemens will pay in cash €0.6 billion to acquire the company.

• Integration of OMAT Ltd.'s products into the Siemens software portfolio for the Digital Enterprise enables easier handling and a significant advancement of existing OMAT products
• Take-over of technologically leading process control software solutions strengthens the Siemens machine tool control software portfolio
• Software solutions for adaptive spindle feed control, enhanced tool life cycles and spindle vibration analysis
Siemens Digital Factory plans to take over products of OMAT Ltd., a supplier of software solutions for adaptive spindle feed control, improvement of tool life cycles and vibration analysis of spindles for the use with CNC controls. The software solutions offered by OMAT focus on optimizing the spindle feed during machine operation.

2018-07-19 –

2018-07-13 –