Siemens AG operates in the Turbines and turbine generator sets sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Siemens with three other
manufacturers of engines in Europe:
Vestas Wind Systems AS
sales of 75.54 billion Danish Kroner [US$11.36 billion]
of which 84%
was Power Solutions),
Siemens Gamesa Renewable Energy SA
(9.12 billion Euro [US$10.24 billion]
of which 86%
was Wind Turbine Manufacturing), and
based in France
(7.95 billion Euro [US$8.92 billion]
of which 44%
was Rolling stock).
Siemens reported sales of 83.04 billion Euro (US$93.20 billion)
September of 2018.
decrease of 0.0%
versus 2017, when the company's sales were 83.05 billion Euro.
The sales level in 2018 was fairly close to the level five years ago: in 2013, Siemens had sales
of 75.88 billion Euro.
Contributing to the drop in overall sales was the 19.7% decline
in Power and Gas, from 15.41 billion Euro to 12.38 billion Euro.
There were also decreases in sales in
Healthineers (down 3.1% to 13.32 billion Euro)
Reconciliation (down 14.1% to 1.09 billion Euro)
However, these declines were partially offset by the increase in sales of
Digital Factory (up 14.8% to 12.23 billion Euro)
Energy Management (up 0.4% to 11.68 billion Euro)
Wind Power and Renewables (up 15.2% to 9.12 billion Euro)
Mobility (up 7.9% to 8.72 billion Euro)
Process Industries and Drives (up 0.3% to 7.22 billion Euro)
Building Technologies (up 1.9% to 6.48 billion Euro)
Financial Services (Sfs) (up 4.9% to 812.00 million Euro)