Siemens Revenue Rises, But Net Profit Falls

By Nina Kienle

Siemens posted higher revenue for the fourth quarter, but a decline in net profit that missed consensus.

The German industrial conglomerate on Thursday posted net profit of 1.62 billion euros ($1.88 billion) for the three months through September, down from 1.90 billion euros for the same period the prior year. The figure missed analysts' forecast of 1.86 billion euros, according to consensus estimates provided by Visible Alpha.

Revenue amounted to 21.43 billion euros, rising from 20.81 billion euros. The figure came in line with analysts' forecast of 21.43 billion euros, according to estimates provided by the company.

Orders fell 1% on a comparable basis to 21.94 billion euros, but beat analysts' forecast of 21.92 billion euros.

Profit from industrial business rose to 3.19 billion euros from 3.12 billion euros, with a narrowed margin of 15.3% from 15.5%.

The company proposed a dividend of 5.35 euros a share, up from 5.20 euros a share.

Siemens said it assumes the global economic environment will stabilize, and issued guidance for fiscal 2026, targeting comparable revenue growth in the range of 6% to 8%.

Siemens said late Wednesday that it plans to reduce its stake in Siemens Healthineers to a minority position, and that Veronika Bienert would succeed current Chief Financial Officer Ralf Thomas at some point in fiscal 2026.

Write to Nina Kienle at nina.kienle@wsj.com

(END) Dow Jones Newswires

November 13, 2025 01:34 ET (06:34 GMT)