Continuing a strong second quarter, Siemens’s strategic orientation has been backed by record results in both slot online and Profit Industrial Business.
Following its strong Q3 performance, Siemens raised its full-year earnings guidance (EPS pre-PPA) to between €11.20 and €11.50, while reaffirming its broader Group expectations for fiscal 2026.
“We delivered excellent free cash flow of €4.1bn (US$4.5bn) in the third quarter, which reflects our strong operational performance,” says Veronika Bienert, Chief Financial Officer of Siemens.
“For the full fiscal year, we once again aim to achieve a double-digit free-cash-flow return on revenue. We’re executing our strategy consistently, and our newly launched share-buyback programme continues to create value for our shareholders.”
Siemens reported a 14% increase in group orders on a comparable basis to reach a record €27.9bn (US$30.5bn), excluding portfolio effects and currency translation.
Serving as the company’s primary growth engine, Smart Infrastructure surpassed the €8bn (US$8.7bn) order threshold in a single quarter for the first time, following a 42% surge in divisional order intake.
Order acceleration within Smart Infrastructure was driven by the Electrical Products and Electrification sub-segments, which capitalised on rising power requirements from AI data centre developers and semiconductor fabrication plants.
Overall Profit Industrial Business (PIB) also reached a record high, surging 25% to €3.5bn (US$3.8bn) and lifting the total Industrial Business profit margin to 17.3%, up from 14.9% in Q3 2025.
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