Slide 1: Good Q3 results – Challenges in Energy Sector
Joe Kaeser, President and CEO – Ralf P. Thomas, CFO Good Q3 results – Challenges in Energy Sector Q3 FY 2014, Analyst and Press Call July 31, 2014 © Siemens AG 2014. All rights reserved.
Slide 2: Safe Harbour Statement
Safe Harbour Statement 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,” “anti
Slide 3: Q3 FY 2014 – Strong bottom line improvements on flat top line
Q3 FY 2014 – Strong bottom line improvements on flat top line Siemens (in €m) Q3 FY 13 Q3 FY 14 Change Orders 20,113 19,411 0%1) Revenue 18,611 17,921 1%1) Book-to-bill ratio 1.08x 1.08x Total Sectors profit 1,269 1,739 37% Net income 1,098 1,399 27% Basic earnings per share net income (in €) 1.27 1
Slide 4: Energy – Strong orders but operational challenges are continuing
Energy – Strong orders but operational challenges are continuing Key Figures Energy Main developments in Q3 €bn €m • Strong book-to-bill of 1.35 due to large orders Orders 1) Revenue 1) Profit 2) primarily in Europe/CAME region 61% • Market environment remains competitive in all -2% 9.8% 8.7% 8.2 ar
Slide 5: Healthcare – Solid quarter despite adverse currency effects
Healthcare – Solid quarter despite adverse currency effects Key Figures Healthcare Main developments in Q3 €bn €m • Orders supported by a large particle therapy Orders 1) Revenue 1) Profit 2) service order in China • Weaker profit margin on tough comparables 17.5% 14.9% – Mainly impacted by adverse
Slide 6: Industry – Improved performance on the back of organic revenue growth
Industry – Improved performance on the back of organic revenue growth Key Figures Industry Main developments in Q3 €bn €m • Improved short cycle businesses with Orders 1) Revenue 1) Profit 2) positive order growth particularly in China • Industry Automation – Strong profit contribution 12.9% 13.8% d
Slide 7: Infrastructure & Cities – Significant profit improvement continues
Infrastructure & Cities – Significant profit improvement continues Key Figures Infrastructure & Cities Main developments in Q3 €bn €m • Order decline on tough comparables (€3bn Orders 1) Revenue 1) Profit 2) rolling stock order in prior year) -43% • Transportation & Logistics – Profit surges on 5.6%
Slide 8: Invensys: Integration on track; LMS: Good progress
Invensys: Integration on track LMS: Good progress - but way to go on growth Invensys Rail1) LMS2) • Major strategic goals accomplished, • Currently low double digit comparable integration ahead of schedule revenue growth3) due to lower market growth (mid single digit) • Synergies (€100m) on track, 2
Slide 9: One Siemens cockpit – YTD Q3 2014
One Siemens cockpit – YTD Q3 2014 Significant improvements in capital efficiency over prior year Financial target system Growth1) Margins compared to industry benchmarks Orders Revenue EBITDA Margins (YTD FY 2014) Energy 8.6% 10-15% -3% -3% (0%)2) (0%)2) Healthcare 19.5% 15-20% 60.1 58.2 53.6 52.0 I
Slide 10: Outlook Fiscal 2014 confirmed
Outlook Fiscal 2014 confirmed Basic earnings per share (Net income) In € At least 15% • We expect revenue on an organic basis to growth remain level year-over-year, and orders to 6.55 exceed revenue for a book-to-bill ratio above 1. • Given these developments and financial results 5.08 for the first
Slide 11: Financial calendar
Financial calendar July July 31, 2014 Q3 Earnings Release and Analyst/Press Call August August 4 - 6, 2014 Q3 US Roadshow (Chicago, San Francisco, Los Angeles) September September 16, 2014 Switzerland Roadshow (Zürich) © Siemens AG 2014. All rights reserved. Page 11 July 31, 2014 Q3 FY 2014, Analyst
Slide 12: Siemens Communication contacts
Siemens Communication contacts Investor Relations Press Internet: www.siemens.com/investorrelations Marc Langendorf +49 89 636-41360 Email: investorrelations@siemens.com Alexander Becker +49 89 636-36558 IR-Hotline: +49 89 636-32474 Wolfram Trost +49 89 636-34794 Fax: +49 89 636-32830 Internet: www.
Slide 13: Reconciliation and Definitions for Non-GAAP Measures
Reconciliation and Definitions for Non-GAAP Measures This document includes supplemental financial measures that are or may be non-GAAP financial measures. Orders and order backlog; adjusted or organic growth rates of revenue and orders; book-to-bill ratio; Total Sectors profit; return on equity (af