In pre-market trade the stock is up 9.50% to 110.65 euros after falling 5.87% on Thursday. First up, from the company, November 13:
Siemens Energy AG raises mid-term targets for Fiscal Year 2028
Siemens Energy strives to reach a profit margin before special items in fiscal year 2028 in a range between 14% to 16% (before 10% to 12%). Siemens Energy intends to achieve a compound annual revenue growth on a comparable basis in the low-teens percentage range until fiscal year 2028 (before high single-digit to low double-digit).
Fiscal year 2025 results and fiscal year 2026 outlook are in line with expectations. Siemens Energy forecasts comparable revenue growth between 11% and 13% and a profit margin before special items between 9% and 11% in fiscal year 2026.
Siemens Energy AG will publish its full earnings release for the fourth quarter of fiscal year 2025 today.
And:
Siemens Energy fulfills all commitments, increases mid-term outlook
Q4 Fiscal Year 2025
- Siemens Energy continued excellent operational performance in the fourth quarter of fiscal year 2025. For the first time, quarterly revenue exceeded the 10 billion mark and profit as well as cash flow came in strong.
- Orders amounted to €14.2bn, down 2.5% on a comparable basis (excluding currency translation and portfolio effects), primarily because of the high basis of comparison at Siemens Gamesa. Book-to-bill ratio (ratio of orders to revenue) was strong at 1.36. As a result, order backlog rose to a new high of €138 billion at fiscal year-end.
- Revenue was €10.4bn, an increase of 9.7% on a comparable basis, driven by Grid Technologies, which posted its highest quarterly revenue to date.
- Siemens Energy's Profit before Special items was €471m (Q4 FY 2024: negative €83m). All segments improved compared to the prior-year quarter. Special items amounted to negative €143m (Q4 FY 2024: negative €32m). Siemens Energy's Profit was €328m (Q4 FY 2024: negative €115m).
- Siemens Energy reported a Net income of €236m for the quarter (Q4 FY 2024: Net loss €254m). Corresponding basic earnings per share (EPS) were €0.19 (Q4 FY 2024: negative €0.34).
- Free cash flow pre tax largely followed the earnings trend and benefited from timing effects amounting to €1,327m (Q4 FY 2024: €932m).
Fiscal Year 2025
- Siemens Energy experienced a successful development of its businesses for the whole fiscal year. The upgraded guidance was met or exceeded across all key performance indicators. Gas Services, Grid Technologies and Transformation of Industry all delivered a strong operational performance, resulting in double-digit revenue growth and considerable improvements in profitability. Siemens Gamesa made further progress, the integration and initiated programs for quality improvement and cost optimization are proving effective.
- At €58.9bn, Siemens Energy's orders were 19.4% higher than in the prior year on a comparable basis. Revenue rose by 15.2% on a comparable basis to €39.1bn with all segments contributing to growth.
- Profit before Special items was €2,355m (FY 2024: €345m). The improvement in profit was also driven by all segments, led by an extraordinary increase at Grid Technologies. Special items amounted to positive €6m (FY 2024: €2,038m, largely related to gains from disposals). Profit came in at €2,361m (FY 2024: €2,383m).
- Net income increased to €1,685m (FY 2024: €1,335m) and the corresponding EPS were €1.63 (FY 2024: €1.37).
- Free cash flow pre tax increased sharply due to improvements in all segments. It amounted to €4,663m (FY 2024: €1,859m). Contributions and improvements to Free cash flow pre tax were led by Gas Services.
- Due to the positive development, Siemens Energy proposes a dividend for fiscal year 2025 of €0.70 per share, reflecting 50% of the group’s net income attributable to shareholders of Siemens Energy AG, adjusted for extraordinary non-cash effects.
Finally:
Q4 FY2025
Analyst Call (11:00 - 12:00am CET)
