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Inhalt der
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DGAP-Ad-hoc: Siemens Energy AG / Key word(s):
Quarter Results/Preliminary Results
Siemens Energy AG: Siemens Energy AG announces
preliminary results for first quarter of fiscal year
2021 and confirms its outlook for fiscal year 2021
24-Jan-2021 / 20:20 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.
Siemens Energy AG
announces preliminary results for first quarter of
fiscal year 2021 and confirms its outlook for fiscal
year 2021
Siemens Energy AG announces preliminary
results for the first quarter of fiscal year
2021:
- Adjusted EBITA at Siemens Energy was with
€243m back in a positive range (Q1 FY 2020:
negative €117m) and therefore higher than
expected. The recent quarter benefited from
operational improvements driving lower costs,
however, including positive temporary effects.
Adjusted EBITA before Special Items increased to
€366m, reflecting a margin of 5.6%.
- Siemens Energy orders reached €7.4bn,
substantially below the high basis of comparison in
the first quarter of the prior year.
- Revenue increased by 2.6% to €6.5bn.
- We confirm our outlook for fiscal year 2021.
Siemens Energy
Order intake: €7,432m (Q1 FY 2020:
€10,029m; consensus €7,237m), down 26%
nominal
Revenue: €6,541m (Q1 FY 2020: €6,373m;
consensus: €6,710m), up 3% nominal
Adjusted EBITA: €243m (Q1 FY 2020: neg.
€117m; consensus: neg. €26m), reflecting a
margin of 3.7% (Q1 FY 2020: neg. 1.8%; consensus:
neg. 0.4%)
Adjusted EBITA before Special Items: €366m
(Q1 FY 2020: neg. €74m; consensus: €119m),
reflecting a margin of 5.6% (Q1 FY 2020: neg. 1.2%;
consensus: 1.8%)
Gas and Power
Order intake: €5,166m (Q1 FY 2020:
€5,434m; consensus €4,616m), down 5%
nominal
Revenue: €4,292m (Q1 FY 2020: €4,420m;
consensus: €4,331m), down 3% nominal
Adjusted EBITA: €191m (Q1 FY 2020: €51m;
consensus: €14m), reflecting a margin of 4.5%
(Q1 FY 2020: 1.2%; consensus: 0.3%)
Adjusted EBITA before Special Items: €267m
(Q1 FY 2020: €68m; consensus: €89m),
reflecting a margin of 6.2% (Q1 FY 2020: 1.5%;
consensus: 2.1%)
The above figures are preliminary and Siemens
Energy AG will publish its full earnings release for
the first quarter of fiscal year 2021 on February 2,
2021.
Disclaimer
This document contains statements related to our
future business and financial performance, and future
events or developments involving
Siemens Energy 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, 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 Energy's
management, of which many are beyond Siemens Energy's
control. These are subject to a number of risks,
uncertainties, and other 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" in the Annual Report. Should one or more
of these risks or uncertainties materialize, should
acts of force majeure, such as pandemics, occur, or
should underlying expectations including future
events occur at a later date or not at all, or should
assumptions prove incorrect, Siemens Energy's actual
results, performance, or achievements may (negatively
or positively) vary materially from those described
explicitly or implicitly in the relevant
forward-looking statement. Siemens Energy 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 supplemental financial
measures - that are not clearly defined in the
applicable financial reporting framework - and 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 Energy's net
assets and financial position 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 Energy AG
(available at
https://assets.siemens-energy.com/siemens/assets/api/uuid:e28c0ec6-2e23-4dc4-811a-7eccc4bd035f/2020-12-07-siemens-energy-ag-annual-report-2020.pdf),
in particular in Section 1.2. 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.
24-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 Energy
AG |
|
Otto-Hahn-Ring 6 |
|
81739 Munich |
|
Germany |
| Phone: |
+49 89 636 25358 |
| Fax: |
+49 89 636
1325358 |
| E-mail: |
investorrelations@siemens-energy.com |
| Internet: |
www.siemens-energy.com |
| ISIN: |
DE000ENER6Y0 |
| WKN: |
ENER6Y |
| Indices: |
MDAX |
| Listed: |
Regulated Unofficial
Market in Berlin, Dusseldorf, Frankfurt,
Hamburg, Hanover, Munich, Stuttgart, Tradegate
Exchange |
| EQS News ID: |
1162770 |
|
|
| End of
Announcement |
DGAP News
Service |
1162770 24-Jan-2021 CET/CEST |