Siemens AG generated revenue of some 11.2 billion euros in the 2021 fiscal year an increase of around 16 percent compared with the previous year. In 2020, the company generated seemingly the lowest revenue in the recorded period. However, the reason for such a low figure was not poor performance but a restructuring of the company. In April 2020, Siemens AG merged two of its energy divisions into an independent company called Siemens Energy AG. From 2020 on, revenues of Siemens AG and the newly established Siemens Energy AG are recorded separately, explaining the decline in Siemens AG’s revenue.
Revenue of Siemens AG in Germany from FY 2014 to FY 2021
(in million euros)
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Siemens. (December 2, 2021). Revenue of Siemens AG in Germany from FY 2014 to FY 2021 (in million euros) [Graph]. In Statista. Retrieved December 10, 2024, from https://www.statista.com/statistics/935799/revenue-of-siemens-ag-germany/
Siemens. "Revenue of Siemens AG in Germany from FY 2014 to FY 2021 (in million euros)." Chart. December 2, 2021. Statista. Accessed December 10, 2024. https://www.statista.com/statistics/935799/revenue-of-siemens-ag-germany/
Siemens. (2021). Revenue of Siemens AG in Germany from FY 2014 to FY 2021 (in million euros). Statista. Statista Inc.. Accessed: December 10, 2024. https://www.statista.com/statistics/935799/revenue-of-siemens-ag-germany/
Siemens. "Revenue of Siemens Ag in Germany from Fy 2014 to Fy 2021 (in Million Euros)." Statista, Statista Inc., 2 Dec 2021, https://www.statista.com/statistics/935799/revenue-of-siemens-ag-germany/
Siemens, Revenue of Siemens AG in Germany from FY 2014 to FY 2021 (in million euros) Statista, https://www.statista.com/statistics/935799/revenue-of-siemens-ag-germany/ (last visited December 10, 2024)
Revenue of Siemens AG in Germany from FY 2014 to FY 2021 (in million euros) [Graph], Siemens, December 2, 2021. [Online]. Available: https://www.statista.com/statistics/935799/revenue-of-siemens-ag-germany/