Siemens Energy said order intake declined 10.2 percent to €13,668 million in the first-quarter of fiscal year 2025.
Revenue grew 18.4 percent to €8,942 million. Profit reached €463 million.
Gas Services saw order intake rise 24.6 percent to €5,009 million, with revenue up 5.9 percent to €2,823m. Profit before special items was €412 million, with a 14.6 percent margin.
Grid Technologies’ order intake fell 36.5 percent to €5,117 million, while revenue grew 24 percent to €2,480 million, and profit before special items reached €309m, with a 12.5 percent margin.
Transformation of Industry reported an 11.3 percent drop in order intake to €1,453 million. Revenue increased 17.9 percent to €1,337 million. Profit before special items reached €157 million with 11.8 percent margin.
Siemens Gamesa has achieved a 51.9 percent rise in order intake to €2,435 million. Revenue rose 18.4 percent to €2,418 million. Siemens Gamesa posted a loss before special items of €374 million, with a negative 15.5 percent margin. The company plans to update Free Cash Flow guidance with its half-year results.
GreentechLead.com News Desk