Siemens Energy Ag ( (SMEGF) ) has released its Q2 earnings. Here is a breakdown of the information Siemens Energy Ag presented to its investors.
Siemens Energy AG is a leading global energy technology company focused on providing solutions across the energy value chain, including power generation, transmission, and renewable energy systems. The company operates in sectors such as Gas Services, Grid Technologies, and Siemens Gamesa, known for its wind power solutions.
In its second quarter of fiscal year 2025, Siemens Energy reported robust financial results, driven by increased demand for electricity and strong project execution. The company experienced significant growth in orders and revenue, leading to an updated positive outlook for the fiscal year.
Key financial highlights include a 52.3% increase in orders amounting to €14.4 billion and a 20.7% rise in revenue to €10.0 billion. Profit before special items surged to €906 million, reflecting a margin of 9.1%. The order backlog reached a record €133 billion, supported by strong performances in Gas Services and Grid Technologies.
Despite challenges such as potential tariffs and macroeconomic uncertainties, Siemens Energy remains focused on profitable growth. The company has revised its fiscal year 2025 outlook, expecting revenue growth between 13% and 15% and a profit margin before special items of 4% to 6%.
Looking ahead, Siemens Energy is optimistic about its continued growth, supported by strong market demand and strategic initiatives across its business segments. The company aims to maintain its momentum and achieve its financial targets for the year.