Siemens misses profit forecast as it prepares Healthineers spin-off

Siemens Energy AG

13/11/2025 06:00

By John Revill

ZURICH, Nov 13 (Reuters) - Siemens SIEGn.DE reported weaker industrial profit slightly below analyst forecasts during its fourth quarter on Thursday as the engineering company unveiled its plans to reduce its stake in Siemens Healthineers SHLG.DE.

Siemens, whose products span industrial software to trains, said industrial profit rose 2% to 3.19 billion euros ($3.72 billion) in the three months to the end of September, short of forecasts for 3.32 billion euros in a company gathered consensus.

Sales rose 3% to 21.43 billion euros, in line with forecasts, while net income of 1.84 billion missed forecasts for 2.18 billion euros.

The results came after Siemens late on Wednesday said it would reduce its stake in Siemens Healthineers from 67% to 37% by transferring shares in the medical equipment maker to its investors.

($1 = 0.8575 euros)

 (Reporting by John Revill, Editing by Mark Potter)

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