Siemens Aktiengesellschaft provided earnings guidance for the fiscal year 2022. Siemens' outlook for fiscal 2022 is based on continuing healthy growth in global GDP, albeit with slowing momentum, and the expectation that the challenges to its businesses from COVID-19 and supply chain constraints will ease during fiscal 2022. With these conditions and given Siemens' very strong fiscal year 2021, the company expects its Industrial Businesses to continue their profitable growth.

For the Siemens Group, the company expects mid-single-digit comparable revenue growth, net of currency translation and portfolio effects, and a book-to-bill ratio above 1. Siemens expects mid-single-digit comparable revenue growth with basic earnings per share of €8.70 to €9.10 (fiscal 2021: €8.32) before PPA effects.