Siemens Mobility annual orders rose to 12.7 billion euros
Siemens Mobility received orders worth € 12.69 billion in fiscal 2021 (ending September 30), up 38% from fiscal 2020. Revenues increased by 2%, from 9 billion to 9.2 billion euros. The adjusted EBITA amounted to 847 billion euros, an increase of 8% over the previous year, and the adjusted EBITA margin – 9.3%.
In the fourth quarter of 2021, the following dynamics was observed for the same indicators: orders amounted to 2.75 billion euros (+ 33% to the same period of fiscal 2020), revenues rose to 2.51 billion euros from 2.44 billion euros a year earlier , the adjusted EBITA fell by 6% to 227 million euros, and the adjusted EBITA margin was fixed at 9%.
This was reported by the railway magazine Railway Supply.
Orders increased in all business units of the company, and the largest increase was obtained in the rolling stock sector due to particularly large orders, including the supply of regional trains to Austria worth 400 million euros and two orders worth 100 million euros each for the purchase of locomotives for Germany and Slovakia.
In August 2021, Siemens Mobility signed an agreement to acquire the Dutch developer Sqills, which is a leading provider of cloud applications for inventory management, reservation and ticket sales on trains, and in October of this year the agreement was finalized.
In the 2022 fiscal year, revenue is expected to grow between 5 and 8%.
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