Siemens Mobility Q3 Report 2022

Mobility won a number of significant contracts, most notably an €0.6 billion order for locomotives and associated service in the U.S.; order intake in the U.S. was even higher in Q3 FY 2021 when Mobility booked its largest-ever contract in the Americas, worth €2.8 billion

Revenue rose in the majority of the businesses, held back by supplier delays in delivering materials and components for highmargin business activities as well as effects related to COVID-19 mainly including medical leave for employees

Profit benefited from a €739 million gain from the sale of the road traffic business Yunex Traffic; this gain was partly offset by impairments and other charges of €89 million for winding down business activities in Russia, impacts from supplier delays and COVID-19 mentioned above, and an impairment of intangible assets

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