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:
Siemens Gamesa Renewable Energy SA
sales of 7.15 billion Euro [US$8.90 billion]
(7.31 billion Euro [US$9.10 billion]
of which 43%
was Trains), and
Vestas Wind Systems AS
based in Denmark
(74.04 billion Danish Kroner [US$12.37 billion]
of which 85%
was Power Solutions).
Siemens reported sales of 83.05 billion Euro (US$103.42 billion)
September of 2017.
increase of 4.3%
versus 2016, when the company's sales were 79.64 billion Euro.
This was the third consecutive year of growth at Siemens.
The sales level in 2017 was fairly close to the level five years ago: in 2012, Siemens had sales
of 78.30 billion Euro.
Sales of Wind Power and Renewables saw an increase
that was more than double the company's growth rate: sales were up
32.6% in 2017, from
5.97 billion Euro to 7.92 billion Euro.
Siemens also saw significant increases in sales in
Digital Factory (up 13.5% to 10.66 billion Euro)
Building Technologies (up 6.3% to 6.36 billion Euro)
Not all segments of Siemens experienced an increase in sales in 2017:
sales of Power and Gas fell 6.1% to 15.41 billion Euro.
Siemens also experienced decreases in sales in
Process Industries and Drives (down 1.2% to 7.20 billion Euro)
Financial Services (Sfs) (down 6.1% to 774.00 million Euro)