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 of Denmark (2018 sales of 75.54 billion Danish Kroner [US$11.42 billion] of which 84% was Power Solutions), Siemens Gamesa Renewable Energy SA of Spain (9.12 billion Euro [US$10.30 billion] of which 86% was Wind Turbine Manufacturing), and Alstom SA which is based in France (7.95 billion Euro [US$8.97 billion] of which 44% was Rolling stock).
Sales Analysis. Siemens reported sales of 83.04 billion Euro (US$93.73 billion) for the fiscal year ending September of 2018. This represents a 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) and 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) and Energy Management (up 0.4% to 11.68 billion Euro) and Wind Power and Renewables (up 15.2% to 9.12 billion Euro) and Mobility (up 7.9% to 8.72 billion Euro) and Process Industries and Drives (up 0.3% to 7.22 billion Euro) and Building Technologies (up 1.9% to 6.48 billion Euro) and Financial Services (Sfs) (up 4.9% to 812.00 million Euro) .