Strong Revenue Growth
In Q3, Siemens Healthineers grew by 7.6% with all regions contributing positively. Adjusted EPS grew by 23% to EUR 0.64 per share, supported by strong margin expansion despite tariff impacts.
Imaging and Varian Performance
Imaging achieved impressive revenue growth of almost 12% with margins improving to 21%. Varian continued its growth path with 9% comparable revenue growth and a strong 18.8% margin recovery.
Successful Diagnostics Transformation
The Atellica franchise, part of the Diagnostics business, is growing double digits and accounts for 60% of core lab revenues. Margin expansion is on track despite a slightly negative growth.
Free Cash Flow and Deleveraging
Free cash flow was strong, enabling leverage to drop below 3x for the first time since the Varian acquisition.
Raised Outlook for Fiscal Year 2025
Due to strong performance and certainty on tariffs, Siemens Healthineers raised its outlook for fiscal year 2025, expecting revenue growth of 5.5% to 6% and adjusted EPS between EUR 2.30 and EUR 2.45.