Siemens Energy: medium-term targets raised

(CercleFinance.com) - In conjunction with the publication of its results for 2024, Siemens Energy has announced that it is raising its medium-term targets, now aiming for a profit margin of between 10% and 12% (instead of 8% or more) for FY 2028.


The German energy equipment manufacturer also expects revenue growth on a comparable basis up to 2028 to be in the high single-digit range or in the low double-digit range.

As a reminder, for FY 2025, Siemens Energy forecasts a profit margin before exceptional items of between 3% and 5%, as well as revenue growth on a comparable basis of between 8% and 10%.


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