Record Order Backlog and Strong Free Cash Flow
Siemens Energy ended the year with a record order backlog of EUR 123 billion and generated more than EUR 900 million in free cash flow in the quarter. The company has built a case for strong growth and rising profitability for many years to come.
Growth in Grid Technologies and Transformation of Industry
Grid Technologies achieved a revenue growth of over 32%, with a record order backlog of EUR 33 billion. Transformation of Industry also showed strong growth with a revenue increase of 16.3%.
Improved Profit Margins
The profit margin before special items reached 1%, aligned with the top end of the guidance, showing significant improvement over the previous year.
Positive Outlook for 2025
Siemens Energy expects revenue growth between 8% and 10% for fiscal year 2025, mainly driven by Grid Technologies and Transformation of Industry.