Siemens Energy Reports Strong Fiscal Year Results and Provides 2027 Outlook
Siemens Energy AG has reported a significant increase in fiscal year performance, highlighted by revenue growing 13.2% year-over-year to €44.24 billion. Basic earnings per share saw a substantial rise to €4.44, compared to €1.63 in the previous fiscal period. The company successfully met all its financial targets during this cycle. A major operational milestone was achieved as Siemens Gamesa reached break-even status. Additionally, the company's pre-tax free cash flow nearly doubled, reaching €8.8 billion. These results provide a strong foundation for the company's long-term strategic outlook extending to 2027.
Topics: break-even dividend earnings per share free cash flow revenue growth
Read the full article at Seeking Alpha
Part of the story Siemens Energy Reports Strong Fiscal Year Results and Provides 2027 Outlook (2 articles)