Record Order Backlog
The order backlog reached a record level of EUR 131 billion, with a book-to-bill ratio of 1.53, indicating strong demand and positioning for future growth.
Strong Revenue Growth
Revenue grew by more than 18% with all business areas contributing, led by Grid Technologies at 24% and Siemens Gamesa and Transformation of Industry both with approximately 18% growth.
Improved Margins and Cash Flow
Margin improved by 270 basis points and cash flow reached EUR 1.5 billion, exceeding expectations, supported by strong operational performance and favorable market conditions.
Increased Order Intake in Americas
Orders in the Americas rose by 60% to over EUR 5 billion, driven by strong demand in the U.S. and Middle East.
S&P Rating Upgrade
S&P upgraded Siemens Energy from BBB- with a negative outlook to BBB- with a stable outlook, reflecting improved financial stability.