Siemens profit falls 11.8% to 8.5 billion euros

Siemens reported an 11.8% decline in net profit to €8.5 billion for fiscal year 2026, despite a 5.6% increase in revenue to €83.4 billion. The drop in profit was influenced by a previous extraordinary gain of €2.1 billion from selling a factory. Operational performance reached a record high of €12.3 billion, driven by growth in smart infrastructure and digital industries. New orders hit a historic peak of €108.2 billion, up 22% from the previous year. The board plans to propose a dividend increase to €5.50 per share and optimistic revenue growth projections of 9% to 11% for the next fiscal year.