Quarterly Figures Q1/2026Siemens makes a strong Start to Fiscal Year 2026
Siemens raises its forecast for 2026 after a strong first quarter. Order intake and sales increased significantly, industrial earnings rose at a double-digit rate. The order backlog reached an all-time high of 120 billion euros.
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Siemens Healthineers recorded a decline in incoming orders compared to the same quarter of the previous year, which was characterized by large orders. Precision Therapy and Imaging achieved comparable sales growth, while Diagnostics declined - in particular due to structural market changes in China. Earnings were negatively impacted by higher trade tariffs, negative currency effects and an unfavorable business mix.