Europe’s largest industrial conglomerate Siemens AG cut its net profit by 13 per cent in the fourth quarter of fiscal 2025, which was worse than experts’ expectations.
According to the company’s press release, its net profit in July-September was EUR1, 837bn compared to EUR2, 115bn in the same period last year.
Revenue increased by 3% to EUR21.427bn.
Orders decreased by 4% to EUR21.939bn, with an organic decline of 1%.
The company’s consensus forecast was for a profit of EUR2.18bn. Revenue matched expectations.
In FY2025, Siemens’ net profit rose by 16% to a record EUR10.387bn. Revenues rose by 4% to EUR78.9bn, orders rose by 5% to EUR88.4bn.
Siemens will pay a dividend of EUR5.35 per share, up from EUR5.2 a year earlier.
The company also announced that it will reduce its stake in Siemens Healthineers to 37% from 67% by distributing shares in the medical device maker to its shareholders.
The company plans to grow revenue by 6-8% in FY2026.
Over the last three months, Siemens’ capitalisation has grown by 8.8% (to EUR196bn), while the DAX stock index has added 0.8%.