Siemens reports record quarterly orders and targets 9%-11% growth
Fourth-quarter orders rose 58% to EUR34.8 billion. The new fiscal-year outlook excludes Siemens Healthineers.
Siemens reported record fourth-quarter orders on Thursday and forecast comparable revenue growth of 9%-11% for fiscal 2027. The figures belong to Siemens, the industrial technology group, rather than Siemens Energy, which reported separately on Wednesday.
Orders increased 58% to EUR34.8 billion in the quarter ended September 30, while revenue rose 11% to EUR23.7 billion. Profit from the industrial businesses increased 22% to about EUR3.9 billion. Large contracts in Mobility and Smart Infrastructure helped drive the order increase.
For fiscal 2027, Siemens expects comparable revenue growth of 9%-11% and earnings per share before purchase-price-allocation accounting of EUR10.20-EUR10.80. That earnings measure is not basic reported EPS. The forecast excludes Siemens Healthineers as the group prepares a planned spin-off and deconsolidation.
Siemens also proposed a dividend of EUR5.50 a share, compared with EUR5.35 a year earlier. The dividend is a proposal, and the growth and earnings ranges are management forecasts, not results already achieved.
