Strong Quarterly Results
Siemens Energy has significantly exceeded market expectations with its preliminary quarterly results for the second quarter of 2025, providing a positive surprise for investors.
- Order Intake: Order intake increased by 52.3% year-on-year to €14.43 billion, driven by the gas technology business.
- Revenue: Revenue rose by 20.7% to €9.96 billion, surpassing expectations.
- Adjusted EBIT: With an adjusted EBIT of €906 million and a margin of 9.1%, analyst estimates were significantly exceeded.
- Free Cash Flow: Free cash flow before taxes nearly doubled to €1.39 billion.
Guidance Upgrade
- Revenue Growth: The forecast for the current fiscal year has been raised to a growth of 13-15%.
- EBIT Margin: An EBIT margin of 4-6% is now expected.
- Net Income: Net income could reach up to €1 billion.
- Free Cash Flow: A free cash flow before taxes of €4 billion is expected.
Stock Market Reaction
Shares of Siemens Energy rose by eight percent to a new all-time high of €65.58. This positive market reaction reflects the surprisingly strong quarterly results and the raised forecast.
Challenges and Prospects
- Siemens Gamesa: Despite the challenges, the company has managed to reduce its losses at Siemens Gamesa and expects a stable or growing business.
- Analyst Opinions: Despite strong operational performance, a sell recommendation remains in place.
Overall, there is a strong operational performance from Siemens Energy, leading to a positive reaction in the stock market. The upgraded forecast underscores confidence in the company’s future development.