- Second-quarter orders climbed 18% on a comparable basis, excluding currency translation and portfolio effects, with double-digit increases in most industrial businesses; comparable revenue increased 6%, driven by Smart Infrastructure and Digital Industries
- On a nominal basis, orders rose 11% to €24.1 billion, and revenue reached the prior-year level of €19.8 billion, despite substantial negative currency translation effects; the book-to-bill ratio was 1.22
- Profit Industrial Business was €3.0 billion, with a profit margin of 15.4%; Profit Industrial Business of €3.2 billion in Q2 FY 2025 had benefited from a €0.3 billion gain related to exiting a business at Smart Infrastructure
- Net income reached €2.2 billion; corresponding basic earnings per share (EPS) were €2.60, and EPS before purchase price allocation accounting (EPS pre PPA) were €2.81
- Free cash flow from continuing and discontinued operations rose sharply to €1.7 billion
We delivered a successful second quarter despite the geopolitical environment, which remains very demanding. Siemens is benefiting from its technological strength and strong positioning in key growth markets. Digital Industries and Smart Infrastructure posted impressive overall performance – clear evidence that we’re on a path of profitable growth. With our Eigen Engineering Agent, we’re further expanding our leadership position in industrial AI, and we see AI as a clear growth driver for our hardware, software and services business.
Roland Busch, President and Chief Executive Officer of Siemens AG
Our operating businesses’ convincing performance and our strong free cash flow prove our resilience. As a result, we’re very well positioned to reach our full-year group targets. At the same time, by announcing our new share-buyback program, we’re enabling our shareholders to participate in our success. In this way, we’re continuing our stringent capital allocation.
Veronika Bienert, Chief Financial Officer of Siemens AG
