Siemens: boosted by annual results

(CercleFinance.com) - Siemens shares are up nearly 6% in Frankfurt today, following the publication of a net profit 'at a historically high level' of E9bn for the past fiscal year, compared with E8.
5bn the previous year.

Its industrial activity profit rose slightly to E11.4bn, representing a margin of 15.5% on sales of E75.9bn, up 3% on a comparable basis, while its orders fell by 4% to E89.4bn.

Also boasting a solid free cash flow of E9.5bn, the German industrial technology group will propose an increase in its dividend to E5.20 per share, up from E4.70 previously.

For FY 2025, Siemens expects comparable sales growth of 3% to 7%, and adjusted basic EPS of E10.40 to E11, excluding the gain from the sale of Innomotics.


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