Order Growth Drives Siemens’ 18 Percent Revenue Surge in Q4, Proposes to Raise Dividend

Order Growth Drives Siemens’ 18 Percent Revenue Surge in Q4, Proposes to Raise Dividend
Employees of German industrial giant Siemens stand in front of a company logo during a press conference in Berlin on Nov. 12, 2015. John Macdougall/AFP via Getty Images
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Siemens AG reported fourth-quarter FY21 revenue growth of 18 percent year-on-year to €17.4 billion. Orders rose 26 percent Y/Y to €19.1 billion.

Orders increased 16 percent, and revenue rose 10 percent on a comparable basis.