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Siemens Aktiengesellschaft: Siemens raises earnings outlook for FY 2017 Dienstag, 31. Januar 2017 - 20:13

Munich, January 31, 2017

Disclosure of an inside information according to Article 17 MAR

Siemens raises earnings outlook for FY 2017

After a strong start into the fiscal year, the Managing Board of Siemens AG
decided today to raise the previous expectation for profit and EPS for
fiscal 2017. Siemens raises the previous expectation for the profit margin
of Industrial Business in the range of 10.5% to 11.5% to the range of 11.0%
to 12.0%. Furthermore, Siemens raises the previous expectations for basic
EPS from net income in the range of EUR6.80 to EUR7.20 to the range of
EUR7.20 to EUR7.70.

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disclosures, in particular in the chapter Risks in the Annual Report.
Should one or more of these risks or uncertainties materialize, or should
underlying expectations not occur or assumptions prove incorrect, actual
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positively) vary materially from those described explicitly or implicitly
in the relevant forward-looking statement. Siemens neither intends, nor
assumes any obligation, to update or revise these forward-looking
statements in light of developments which differ from those anticipated.
This document includes - in the applicable financial reporting framework
not clearly defined - supplemental financial measures that are or may be
alternative performance measures (non-GAAP- measures). These supplemental
financial measures should not be viewed in isolation or as alternatives to
measures of Siemens' net assets and financial positions or results of
operations as presented in accordance with the applicable financial
reporting framework in its Consolidated Financial Statements. Other
companies that report or describe similarly titled alternative performance
measures may calculate them differently. Explanations of financial measures
used can be found in the Annual Report 2016 of Siemens AG (available at
http://www.siemens.com/investor/pool/en/investor_relations/
Siemens_AR2016.pdf), in particular in section A.2.
Due to rounding, numbers presented throughout this and other documents may
not add up precisely to the totals provided and percentages may not
precisely reflect the absolute figures.




Contact:
Sabine Reichel
Head of Siemens Investor Relations
Wittelsbacherplatz 2
80333 Munich
+49 (0) 89-636-35755
sabine.reichel@siemens.com