Strong Order Growth
Group orders reached EUR 24.7 billion, up substantially by 28% over the prior year, driven primarily by the mobility business and major orders in Egypt and the United States.
Solid Financial Performance
Industrial business profit stood at EUR 2.8 billion with a margin of 14.9%, in line with market expectations. Earnings per share pre-PPA reached EUR 2.93.
Robust Free Cash Flow
The company reported an impressive free cash flow of EUR 3 billion in the Industrial business, supported by strong cash conversion.
SaaS Transition and ARR Growth
Nominal ARR numbers, including Altair, reached EUR 4.9 billion with a comparable growth of 12% over the previous year.
Expansion in Data Centers
Smart Infrastructure's electrification business grew 16% driven by data center projects, with revenue in this segment expected to grow around 30% for the fiscal year.