Development of orders received and order backlog

Order backlog on March 31, 2024

Order backlog amounted to EUR 3,790 million at the end of the reporting period, which is at the same level as at the end of December 2023 and 18 percent lower than at the end of March 2023. Approximately 30 percent of the order backlog relates to the Services segment, 15 percent to the Automation segment, and 55 percent to the Process Technologies segment (at the end of March 2023, 25%, 15% and 60% respectively). Approximately 75 percent of the order backlog is currently expected to be realized as net sales during 2024 (at the end of March 2023, approximately 65% was expected to be realized as net sales during 2023).