Siemens Energy Projects Limited Impact From Import Tariffs

Siemens Energy Projects Limited Impact From Import Tariffs

(Bloomberg) — Siemens Energy AG shrugged off the US tariff chaos that’s hit other German manufacturers, saying that the effect of import duties on its bottom line will be small.

Siemens Energy shrugs off tariff concerns after bumper quarter, but offshore wind unit still lagging

Siemens CEO describes US tariffs as 'manageable annoyance' but takes a bow for conservative stance on US offshore wind

Siemens Energy obtained a net assigned profit of 632 million euros in the first half of its fiscal year, which took place between October 2024 and March 2025, representing a 61% reduction from the profits of 1,618 million written down a year earlier as a result of the impact of atypicals, according to the company, which has revised upwards its annual forecasts after quadrupling the profits in the second fiscal quarter and that anticipates a "lim…