๐ ๐๐ซ๐ ๐๐๐ง๐ข๐ฌ๐ฌ๐
โข Q4 revenue: โฌ23.68 billion (+11%, comparable +10%)
โข Q4 order intake: โฌ34.77 billion (+58%)
โข Q4 industrial profit: โฌ3.90 billion (+22%)
โข Q4 industrial margin: 16.8% (previous year: 15.3%)
โข Q4 EPS: โฌ2.80 (+35%)
โข FY2026 Revenue: โฌ83.37 billion (+6%, comparable +8%)
โข FY2026 Industrial Earnings: โฌ13.29 billion (+13%)
โข Free cash flow FY2026: โฌ12.10 billion (previous year: โฌ10.81 billion)
โข Order backlog: โฌ143 billion
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๐ฏ ๐๐ฎ๐ฌ๐๐ฅ๐ข๐๐ค
โข Revenue growth FY2027: +9% to +11% (on a comparable basis, excluding Healthineers)
โข EPS pre-PPA FY2027: โฌ10.20 to โฌ10.80 (comparable basis FY2026: โฌ9.27)
โข Digital Industries: +8% to +12% revenue growth, margin 20% to 22%
โข Smart Infrastructure: +11% to +13% revenue growth, margin 19.5% to 20.5%
โข Mobility: +6% to +8% revenue growth, margin 8% to 10%
โข Book-to-bill ratio expected to exceed 1
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๐ Key Highlights
โข Digital Industries increases Q4 revenue by 11%; profit margin improves significantly from 15.5% to 20.9%
โข Smart Infrastructure grows by 16% in Q4; profit rises to โฌ1.47 billion with a margin of 20.3%
โข Mobility reports order intake of โฌ10.74 billion in Q4, more than four times the amount from the previous year
โข AI infrastructure, digitalization, and rising investments in industrial infrastructure are key growth drivers for 2027
โข Siemens plans to spin off part of its Siemens Healthineers stake directly in 2027 and subsequently deconsolidate it
โข Industrial net debt falls to โฌ4.78 billion (previous year: โฌ12.16 billion)
