Siemens AG (SIEGY) posts all-time high orders of EUR27.9 billion, raises fiscal 2026 EPS outlook to EUR11.20-EUR11.50 amid robust growth across all industrial businesses.
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European stock indexes rose in early trade as earnings stories drove increases. The Europe-wide Stoxx 600 added 0.3%, led by consumer-facing stocks and healthcare. London's FTSE 100 moved 0.3% higher, led by a 10.
German industrial giant Siemens on Thursday raised its profit outlook for the second time this year after a quarter boosted by AI spending, but its shares plunged after the forecast fell short of investors' hopes.But Siemens shares dropped six percent in early Frankfurt trading, with analysts pointing to expectations of higher full-year profits, as well as fears that new AI tools will disrupt Siemens's own software business.
Siemens Aktiengesellschaft (ETR:SIE) reported record third-quarter results for fiscal 2026, supported by strong demand for data center infrastructure, industrial software and automation. The company raised its full-year earnings outlook after orders, revenue, industrial profit and free cash flow all
The division produces electrical and grid equipment and won a number of large contracts from the U.S. and Europe as companies race to build artificial intelligence infrastructure.
Siemens Chief Executive Officer Roland Busch says the company is "very competitive" in China, where the automation business is doing "very well." He also comments on the data center business. Busch speaks on Bloomberg Television after Siemens raised its earnings expectations for a second time this year due to a surge in data center spending and higher returns from selling software to industry.
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A new power architecture from Fluence, nVent and Siemens aims to make Nvidia's AI data centers speedier and more efficient.
Siemens AG (SIEGY) reports robust order growth and strategic advancements, despite facing geopolitical and market headwinds.
Siemens Aktiengesellschaft (ETR:SIE) reported higher orders, revenue growth and stronger free cash flow in its fiscal second quarter, while management said geopolitical uncertainty and currency headwinds remain key risks for the rest of the year. Chief Executive Roland Busch said Siemens continued
(Bloomberg) -- Siemens AG will repurchase as much as €6 billion ($7 billion) of shares after orders climbed against a difficult geopolitical backdrop including tariffs and rising inflation. Most Read from BloombergAmbani’s Cola War With Coke, Pepsi Spurs Fridge Bonanza in IndiaInside a Year of Chaos and Conflict at Kevin Hart’s Media CompanyMamdani Scraps Property Tax Hike, Counts Second-Home RevenueIran Makes New Offer on Uranium in Response to US, WSJ SaysThe buyback will extend over a period
The industrial giant launched the buyback program of up to five years as it posted higher second-quarter revenue in its industrial businesses.
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