DAX group: Siemens presents record figures and increases targets

The digital business is developing well and growth is expected to pick up pace in the current year. However, there are still unanswered questions for investors about the new future strategy.

Munich. Despite all the global uncertainties, Siemens has achieved a record operating profit and is increasing its medium-term goals. "For us, industrial AI is the biggest growth opportunity. And we are ideally positioned to win here," said CEO Roland Busch on Thursday when presenting the balance sheet. The stock market reacted with a significant price increase.

In the 2025/26 financial year (September 30), Siemens increased sales on a comparable basis by eight percent to 83.4 billion euros. The operating result in the industrial business increased by 13 percent to 13.3 billion euros. That corresponded to a margin of 16.3 percent. Net profit fell from 10.4 to 9.5 billion euros due to a sales profit in the previous year.

This meant that Siemens was slightly above the latest estimates from analysts, who had expected an average of 83 billion euros in sales and an operating profit of 13.1 billion euros. Order intake improved by a quarter to 108 billion euros for the first time. Orders for data centers grew by a triple-digit percentage to 8.5 billion euros.