Siemens raises full-year profit outlook after beating Q1 forecasts

Siemens AG

12/02/2026 06:00

ZURICH, Feb 12 (Reuters) - Siemens SIEGn.DE raised its full-year profit outlook on Thursday as the engineering group reported better-than-expected results during the first quarter of its 2026 fiscal year.

The trains-to-factory-software maker said its industrial profit rose 15% to 2.90 billion euros ($3.44 billion) in the three months to the end of December, beating forecasts for 2.64 billion euros in a consensus of analysts.

As a result, Siemens raised its profit outlook for basic earnings per share from a range of 10.40 to 11.00 euros to 10.70 to 11.10 euros for its 2026 fiscal year which runs to the end of September.

($1 = 0.8431 euros)

(Reporting by John Revill
Editing by Ludwig Burger)

((John.Revill@thomsonreuters.com; +41 41 528 36 37; Reuters Messaging: john.revill.thomsonreuters.com@reuters.net/))