Siemens Mobility Q1 Report 2023

Strong order intake included a number of large contract wins, most notably a €0.9 billion order for a turnkey metro system in Australia and locomotive orders totaling €0.3 billion in Europe; in Q1 FY 2022, Mobility recorded its highest-ever quarterly order intake

Revenue rose in most businesses, led by double-digit growth in the rail infrastructure business

Profit and profitability again held back by supplier delays in delivering materials and components, and by a less favorable business mix; these effects were largely offset by positive effects mainly related to the sale of inventories that had previously been written down