Siemens Healthineers AG Registered Shares

SHL: XETR (DEU)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
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Siemens Healthineers Earnings: Weak China and Tariffs Overshadow Strong Underlying Demand

Alex Morozov , Fabienne Pfeiffer

Nov 5, 2025

Siemens Healthineers reported 3.7% organic sales growth during the fourth quarter. The firm's 2026 outlook implies continuing pressure from tariffs. Shares were down midsingle digits after the earnings release.

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Siemens Healthineers AG Registered Shares

Siemens Healthineers Earnings: Weak China and Tariffs Overshadow Strong Underlying Demand

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