Siemens Lifts Outlook on AI-Driven Data Centre Demand
38 Articles
38 Articles
What Siemens Aktiengesellschaft (SIE) Said on Its Q4 Earnings Call
Siemens Aktiengesellschaft (ETR:SIE) raised its medium-term growth targets after reporting record free cash flow for fiscal 2026, as demand for data center infrastructure, industrial software and automation supported its outlook for the year ahead. The company expects comparable revenue growth of 9
In the financial year 2026, which ended at the end of September, Siemens' turnover increased 5.6% compared to 2025, reaching 83,372 million euros.
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Siemens recorded a net assigned profit of 8,488 million euros at the end of its fiscal year, 11.8% below the recorded result in the previous financial year, when the accounts of the German engineering group included an extraordinary gain of 2,100 million for the sale of Innomotics.
Siemens has had a record year, with orders for the German company rising to an unprecedented level, and the profit and free cash flow of the industrial business reaching historic highs. The company is benefiting primarily from the spread of artificial intelligence, the construction of data centers and the revival of industrial automation, and due to the favorable outlook, it has raised its medium-term growth targets and expects strong expansion …
German industrial conglomerate Siemens AG increased net profits by 32% in the fourth quarter of the fiscal year 2026.
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