Siemens continued to post good numbers for the fourth quarter and for the fiscal year ending in September. Revenue for the fourth quarter rose 5%, to €20.351 billion, with increases in all regions including strong emerging market growth. Orders came in at €21.157 billion, below the prior-year period.

For fiscal 2011, Siemens revenue rose 7% year-over-year, to €73.515 billion, and orders increased 16%, to €85.582 billion. Total Sectors Profit climbed 36% year-over-year, to €9.093 billion, and income from continuing operations reached €7.011 billion.

Renewable Energy continued its growth trend in the fourth quarter and recorded new highs for both revenue and orders. Fourth-quarter revenue came in 18% higher year-over-year. New orders were up 67% from the prior-year period, including a substantially higher volume from major orders.

The largest contract wins were for two large offshore wind-farms from customers in Denmark and Germany. The Division also won several large orders for onshore wind-farms from other countries. The wind power business maintained its earnings contribution year-over-year, despite continuing pricing pressure from competitors. Siemens won 6 orders for land based wind turbine projects in 2011 and the start of the 2012 fiscal year.