Orders for the first quarter surged 52% year-over-year, reaching €24.2 billion on double-digit increases in all industrial businesses, while revenue climbed 17% year-over-year, to €16.5 billion, for an extraordinary book-to-bill ratio of 1.47. Orders rose 42% and revenue grew 9% on a comparable basis, excluding currency translation and portfolio effects, primarily the acquisition of Varian Medical Systems, Inc. (Varian) between the periods under review. Profit Industrial Business increased 12% year-over-year, to €2.5 billion, and the profit margin came in at 15.7%. Net income rose 20% to €1.8 billion resulting in basic earnings per share (EPS) of €2.05; EPS before purchase price allocation accounting (EPS pre PPA) was €2.24. Free cash flow from continuing and discontinued operations stronger year-over-year at €1.1 billion