Siemens raises guidance after posting highest ever industrial profit

Siemens AG

06/08/2026 06:00

ZURICH, Aug 6 (Reuters) - Siemens SIEGn.DE reported its highest ever quarterly industrial profit and new orders on Thursday, beating analyst forecasts and prompting the German industrial group to raise its full year profit guidance.
The company, whose products span trains to factory software and building control systems, saw improvements in most industrial businesses led by a sharp improvement at its Digital Industries factory automation unit.
Siemens reported industrial profit rising 25% to €3.52 billion ($4.09 billion) for the three months ended June 30, its highest ever quarterly figure.
The figure, up from €2.82 billion a year earlier, beat forecasts for €3.18 billion in a company-gathered consensus of analyst estimates.
Revenues meanwhile increased 7% to €20.79 billion, ahead of forecasts for €20.64 billion, while orders picked up 13% to €27.90 billion, also its highest-ever quarterly figure.
As a result, Siemens upped its full year profit outlook for the year to the end of September. It now expects earnings per share in the range of €11.20 to €11.50, up from its previous guidance for a range of €10.70 to €11.10.



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 (Reporting by John Revill
Editing by Linda Pasquini)
 ((John.Revill@thomsonreuters.com; +41 41 528 36 37; Reuters Messaging: john.revill.thomsonreuters.com@reuters.net))