DAX group: Siemens presents record figures and increases targets - investors criticize future strategy

Munich. Siemens is making progress towards becoming an integrated digital group.

Thanks to increasing software revenues, growing demand for AI solutions and the data center boom, the group expects accelerated growth in the current financial year.

"For us, industrial AI is the biggest growth opportunity. And we are ideally positioned to win here," said CEO Roland Busch. The group also raised its medium-term forecast.

The stock market reacted to the record numbers in the 2025/26 financial year (September 30) and the confident outlook with a significant price increase. Siemens shares rose by five percent to 290 euros and were at times the best DAX stock. However, investors would like even more clarity about the new “One Tech Company” strategy.

Siemens launched its new “One Tech Company” strategy on October 1st. The traditional company wants to develop even more into an integrated technology group with a focus on digitalization and AI for industry. In order to exploit synergies and present itself more consistently to customers, Siemens has partially centralized functions such as sales and marketing. The group already implemented this approach in its core Digital Industries division in the last financial year.