Siemens quarterly figures Q2/2025

dpa | Inka Krischke,

Siemens defies uncertainty with rising figures

Turnover and profits are up, the forecast is holding. And even in the problem child of automation, the wind is changing for the better thanks to China.

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Despite all the global economic upheavals, business is going well at Siemens. The company reported an increase in sales and earnings in the second quarter. The bottom line for the second quarter of the fiscal year from January to March was a profit of 2.4 billion euros. This was around 11% more than a year ago. Even the problem area of automation, where Siemens recently announced thousands of job cuts, is increasingly leaving the demand problems behind. "Our global presence makes us resilient," emphasized CEO Roland Busch. CFO Ralf P. Thomas confirmed the outlook for the financial year, which holds out the prospect of further increases in profits. Turnover is also expected to increase. In the past quarter, it rose by 7% to 19.8 billion euros.

The problem child emerges from the crisis

The Smart Infrastructure division in particular boomed in the past quarter. Earnings here increased by almost two thirds, albeit partly thanks to a profit from the sale of a smaller division. This more than compensated for the decline in Digital Industries, which also includes the problematic automation business. And the former model pupil, which had recently become a problem child, is emerging from the crisis: according to Siemens, the automation business recorded significant growth in orders due to higher demand in China. The division had recently suffered from the fact that customers and retailers were sitting on high inventories, which they reduced instead of placing new orders. This reduction has recently come to an end in China, it was reported. Siemens can hope for an upturn in business here. In Germany, on the other hand, automation orders are "declining considerably". In mid-March, Siemens announced that it would cut around 6,000 jobs worldwide by the end of September 2027, 2,850 of them in Germany. The majority of these - 5,600 worldwide and 2,600 in Germany - are to be cut in the automation business.

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