Morningstar

Siemens Earnings Rise After Orders Hit Record High

Provided by Dow Jones

By Adam Whittaker

Siemens said fourth-quarter net profit jumped after a record order intake and double-digit revenue growth in its smart infrastructure and digital industries units.

The German industrial conglomerate said Thursday that net profit for the period ended Sept. 30 rose to 2.16 billion euros, equivalent to $2.40 billion, from 1.62 billion euros in the same period a year earlier. Profit in the industrial business hit a record high, Siemens said.

Revenue rose 11% to 23.68 billion euros, while orders soared 58% to a record high of 34.77 billion euros.

Siemens proposed a full-year dividend of 5.50 euros, up from 5.35 euros a year earlier.

For fiscal 2027, Siemens said it expects comparable revenue growth between 9% and 11%, with basic earnings per share from net income before purchase price allocation accounting of between 10.20 euros and 10.80 euros.

Write to Adam Whittaker at adam.whittaker@wsj.com

(END) Dow Jones Newswires

November 12, 2026 01:37 ET (06:37 GMT)

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