Siemens AG has reported its financial results for the second quarter of fiscal year 2025, highlighting growth in orders, revenue, and net income. The company's President and CEO, Roland Busch, noted the positive outcomes: “We’ve achieved another successful quarter, with orders, revenue and net income all showing clear growth. Our customers continue to rely on our technology, and our global footprint demonstrates our resilience.”
Busch emphasized the impact of their ONE Tech Company program and recent acquisitions: “With our ONE Tech Company program, we’re making bold moves to scale our technologies. The acquisition of Altair and the planned acquisition of Dotmatics will bring new AI offerings to our customers and open up new opportunities in growth markets such as life sciences.”
Ralf P. Thomas, Siemens' Chief Financial Officer, also commented on the financial performance: “By focusing on rigorous execution, we again successfully converted clear revenue growth into strong profit and solid Free cash flow. We completed the acquisition of Altair successfully and very quickly just before the close of our second quarter. We confirm our outlook for fiscal 2025.”
Despite economic uncertainties, Siemens maintains its outlook for fiscal 2025 across various sectors. Digital Industries anticipates a change in comparable revenue between -6% to 1%, with a profit margin from 15% to 19%. Smart Infrastructure expects revenue growth from 6% to 9%, excluding a gain from exiting its wiring accessories business. Mobility projects an increase in revenue from 8% to 10%.
For Siemens Group overall, comparable revenue is expected to grow between 3% to 7%, with basic EPS pre-PPA projected between €10.40 to €11.00.
The full earnings release can be accessed at www.siemens.com/ir.