Siemens Energy reported strong revenue growth in Q3 FY 2025, with revenue rising 13.5 percent to €9.7 billion, driven mainly by the new units business across segments.
On a year-to-date basis (Q1–Q3), Siemens Energy’s revenue grew 17.4 percent to €28.6 billion.
Gas Services recorded a 16.7 percent rise in Q3 revenue to €3.1 billion, supported by robust growth in new units.
Grid Technologies posted a 25.8 percent increase to €2.8 billion, fueled by expanded product and solutions business.
Transformation of Industry saw a more modest 6.1 percent increase to €1.36 billion, mainly due to Compression business strength.
Siemens Gamesa’s revenue declined by 0.5 percent to €2.5 billion, as growth in offshore wind was offset by weakness in the onshore and service segments.
Regionally, revenue from the Americas rose sharply by 44.6 percent, driven by strong performance in the U.S., while Asia, Australia saw a 5.3 percent decline due to weaker sales in China.
Europe, including Germany, contributed moderately to revenue growth.
Overall, Siemens Energy’s double-digit revenue growth was supported by a strong order backlog and broad-based performance across key segments, despite localized challenges and currency headwinds.
“Our businesses delivered another strong quarter, continuing the solid performance of this fiscal year. This puts us on track to meet the upgraded guidance issued in the second quarter, and we are currently trending towards the upper end of the range,” says Christian Bruch, President and CEO of Siemens Energy.
Orders
Siemens Energy achieved record-high order intake in Q3 FY 2025, reaching €16.6 billion, a 64.6 percent increase on a comparable basis from the prior year. This surge was driven by strong contributions across all segments, particularly Siemens Gamesa, which secured two major offshore wind orders totaling €3.3 billion in the Baltic Sea. The book-to-bill ratio stood at 1.70, pushing the total order backlog to a new high of €136 billion, despite being partially offset by negative currency translation effects.
Gas Services recorded orders of €6.2 billion, up 21.6 percent, mainly fueled by demand in the U.S. Grid Technologies saw a 23.9 percent rise in orders to €4.2 billion, supported by substantial growth in both solutions and product businesses.
Transformation of Industry posted a 23.4 percent increase in orders to €1.36 billion, driven by double-digit growth in its Electrification, Automation, Digitalization, Industrial Steam Turbines & Generators, and Compression units.
Siemens Gamesa saw an order increase of over 200 percent to €4.89 billion, led by the offshore segment.
Regionally, order growth was strongest in the Americas, particularly the U.S., which saw a comparable rise of over 200 percent, followed by Europe, Middle East, and Africa with 43.9 percent growth, while Asia and Australia recorded a 16.4 percent increase.
Year-to-date, Siemens Energy’s total orders rose 28.7 percent to €44.7 billion, underpinned by broad-based momentum across geographies and business units.
GreentechLead.com News Desk