Siemens AG - net income 2017-2019

Siemens AG's net income dropped by some eight percent to about 5.6 billion euros in 2019. Severance charges amounted to about 0.52 euros per share in 2019.

Another difficult year for stockholders

After a string of spin-offs and mergers, stock owners suffered a decline in net income attributable to shareholders of the world's fourth largest conglomerate company: This figure came to around 5.17 billion euros in 2019, compared with 5.8 billion euros in 2018. Basic earnings per share were also lower in 2019 with 6.41 euros, compared with 7.12 euros in the previous year. Earnings per share attributable to Siemens Healthineers rose by 11 percent, however, compared with the previous year.

Siemens Healthineers and Gamesa

Siemens AG holds majority stakes in Siemens Gamesa Renewable Energy and Siemens Healthineers. The Healthineers segment was spun off and went public in March 2018. Siemens Healthineers AG's is expected to become one of the largest suppliers of technology to the healthcare industry.

Siemens AG's net income between FY 2017 and FY 2019

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Source

Release date

November 2019

Region

Worldwide

Survey time period

FY 2017 and FY 2019

Supplementary notes

These figures are for the years ended September 30.
Excluding discontinued operations.
One euro bought some 1.1 U.S. dollars on September 30, 2019.

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