Record Order Intake and Backlog
Siemens Energy booked orders worth EUR 14.4 billion, reflecting a comparable growth of 52.3% year-over-year. The order backlog reached a new record high of EUR 133 billion.
Revenue and Profit Growth
Revenue for the quarter was EUR 10 billion, an increase of just over 20%. Profit before special items rose to EUR 900 million, with a profit margin of 9.1%, an improvement of 700 basis points year-over-year.
Strong Cash Flow
Siemens Energy reported a cash flow of EUR 1.4 billion for the quarter, taking the first half-year total to EUR 2.9 billion.
Upgraded Full-Year Guidance
The full-year guidance for fiscal year 2025 was raised for all KPIs, with expected revenue growth of 13% to 15%, an increase from the previous 8% to 10%.
Strong Segment Performance
Gas Services saw a record order intake of EUR 7 billion, Grid Technologies had a profit margin of 19.9% for the quarter, and Siemens Gamesa's offshore business experienced 51% revenue growth.