MUNICH, Germany – Siemens Energy today announced its results for the third quarter of fiscal year 2025 that ended June 30, 2025.
“Our businesses delivered another strong quarter, continuing the solid performance of this fiscal year. This puts us on track to meet the upgraded guidance issued in the second quarter, and we are currently trending towards the upper end of the range. With the decision to lift the dividend ban following our early exit from the federal Bund Back Guarantee, we are now able to pay a dividend to our shareholders earlier than expected. These are important achievements, and our focus remains on profitable growth through continued excellence in project execution,” said Christian Bruch, President and CEO of Siemens Energy AG.
- With the highest quarterly order intake ever, Siemens Energy was able to continue the strong performance of the first half of the year also during the third quarter.
- At €16.6bn, Siemens Energy further improved on the record order intake of both last year and the previous quarters. On a comparable basis (excluding currency translation and portfolio effects), orders exceeded prior year’s figure by 64.6%. All segments contributed to this growth, especially Siemens Gamesa with two large offshore orders in the Baltic Sea. Book-to-bill ratio was 1.70, driving the order backlog to a new record level of €136bn. However, the increase was held back by negative currency translation effects.
- Revenue continued to grow at a double-digit percentage rate to €9.7bn, representing an increase of 13.5% on a comparable basis.
- Siemens Energy’s Profit before Special items was €497m (Q3 FY 2024: €49m) and the corresponding margin was 5.1%. This reflects a higher volume year-over-year and underlying operational improvements. Special items amounted to €458m (Q3 FY 2024: €69m) and were primarily due to the demerger of the energy business from Siemens Limited, India. Siemens Energy’s Profit was €956m (Q3 FY 2024: €119m). Siemens Energy achieved a Net income of €697m (Q3 FY 2024: Net loss €102m). The corresponding basic earnings per share amounted to €0.71 (Q3 FY 2024: negative €0.16).
- Free cash flow pre tax amounted to €419m (Q3 FY 2024: €727m) and was in line with expectations. The decline year-over-year was mainly related to the development of operating net working capital at Siemens Gamesa and also attributable to expansion investments in line with order growth.
- Siemens Energy reaffirms the raised outlook issued in the second quarter with a tendency towards the upper end of the guided ranges.
Outlook
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