{
  "id": 19613503,
  "title": "Annual figures: Siemens with a record year - but less profit",
  "url": "https://urgent.news/2026/11/12/jahreszahlen-siemens-mit-rekordjahr-aber-weniger-gewinn",
  "topic": "business",
  "section": "Business",
  "published": "2026-11-12T06:00:04.000Z",
  "source": {
    "name": "Handelsblatt",
    "slug": "handelsblatt",
    "url": "https://www.handelsblatt.com/politik/deutschland/jahreszahlen-siemens-mit-rekordjahr-aber-weniger-gewinn/100269293.html"
  },
  "original_language": "de",
  "account": "Siemens reported a strong year with numerous records delivered, yet making less profit. The Münchner company's profit remained at 9.5 billion euros, which is 900 million less than the previous year. This decline is mainly due to a positive one-time effect of 2.1 billion euros from the sale of electric motor manufacturer Innomotics. Siemens CEO Roland Busch insists that it was \"an extremely successful\" business year. When looking at the industrial business, which is not distorted by the profit from the Innomotics sale, there is a clear increase of 13 percent to record levels. The company's good performance is also evident in the rising order intake, which not only represents a record but also significantly exceeds the revenue of 78.9 billion euros. Among the key drivers of the profit increase were the two major divisions Digital Industries (DI) and Smart Infrastructure (SI), both of which showed strong growth. The rise in DI was more pronounced as it had previously lagged behind SI due to weak demand. The new business year, which began in October, is expected to see further improvement: \"Industrial AI opens up a unique growth opportunity for Siemens, which is perfectly positioned,\" says Busch. \"We aim for faster growth than our main markets. Therefore, we set an ambitious outlook for the 2027 business year and simultaneously revise our medium-term targets for the group.\" Siemens plans to increase both revenue and profit again this year. However, the calculation basis changes as Siemens plans to separate from its majority stake in healthcare subsidiary Healthineers. The forecast therefore applies both to the comparison figures and looking forward to a Siemens without Healthineers' majority. The prognosis also does not take into account possible book profits from the separation and their costs. Looking ahead to the medium term, Siemens anticipates a growth in revenue and profit. Dividends are expected to increase. One-third of Healthineers' dividend will be paid to shareholders next year. For every two Siemens shares, there will be one Healthineers share, as explained by Finance Vice President Veronika Bienert. Dividends are also set to rise by 15 cents to 5.50 euros.",
  "summary": "The fact that almost a billion less remains at the end is due to a one-off effect. This is because business is actually booming for the Munich-based company. And the prospects are also good.",
  "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."
}