{
  "id": 19457372,
  "title": "Siemens Energy’s 2027 profit outlook falls short despite record year",
  "url": "https://urgent.news/2026/11/11/siemens-energys-2027-profit-outlook-falls-short-despite-record-year",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-11-11T06:15:55.000Z",
  "source": {
    "name": "Investing.com",
    "slug": "investing-com",
    "url": "https://www.investing.com/news/earnings/siemens-energys-2027-profit-outlook-falls-short-despite-record-year-5017771"
  },
  "original_language": "en",
  "account": "Siemens Energy AG has forecasted fiscal 2027 net income of around €5 billion, 10% lower than analysts' average estimate of €5.5 billion. The Munich-based company expects 14% to 16% revenue growth in fiscal 2027, excluding currency and portfolio effects, with a profit margin of 14% to 16%. Siemens Energy also anticipates free cash flow before tax of approximately €10 billion, up from €8.80 billion in fiscal 2026. The outlook does not account for potential charges from future legal and regulatory matters. The company's Gas Services division projects revenue growth of 24% to 26%, while Grid Technologies forecasts 22% to 24%. Siemens Gamesa, its wind unit, anticipates a profit margin of 0% to 2%, significantly below the analyst's average of 2.7%. For fiscal 2030, Siemens Energy aims for a profit margin of 20% to 22% before special items and a compound annual revenue growth of 12% to 14%. In the July-September quarter, profit before special items reached €1.54 billion, compared to €471 million a year ago and analysts' average of €1.47 billion. Revenue in the same period hit a record €12.83 billion, exceeding expectations of €12.56 billion, with net income of €1.36 billion, surpassing expectations of €1.25 billion, and earnings per share of €1.49, exceeding predictions of €1.38. Profit for the period was €1.73 billion, higher than the expected €1.50 billion, with a gain of €184 million, primarily due to the reversal of impairments on aeroderivative gas turbine assets. Orders increased by 5.2% excluding currency and portfolio effects to €14.82 billion, slightly missing the analyst's average estimate of €15.47 billion, influenced by normal project phasing and the large-project nature of the business. Siemens Energy's order backlog reached a record €164 billion. Gas Services earned €669 million before special items, compared to the expected €511 million, but its orders of €5.26 billion trailed the expected €6.14 billion due to timing in the large-project business. Gamesa earned €23 million, falling short of the expected €72 million, and Transformation of Industry reached €164 million, lower than the expected €208 million, partly due to disruptions in the Middle East. Free cash flow before tax was €1.64 billion, up from €1.33 billion in fiscal 2026, driven by higher profit and customer advance payments. For fiscal 2026, profit before special items totaled €5.49 billion, matching the expected figure, and net income increased to €4.13 billion, up from €1.69 billion a year earlier. The proposed dividend stands at €2.30 per share, up from €0.70 for fiscal 2025. Siemens Energy bought back €3.1 billion of shares in fiscal 2026 and plans to make additional buybacks of up to €9 billion through fiscal 2030.",
  "summary": null,
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}