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Siemens Ups Profit Forecast on Strong Q1 AI Growth
12 Feb
Summary
- Siemens raised its full-year profit outlook for fiscal year 2026.
- First-quarter industrial profit increased by 15% to 2.90 billion euros.
- Artificial intelligence is a significant growth driver for Siemens.
Siemens has announced an improved profit outlook for its 2026 fiscal year, concluding in September. This adjustment follows a robust performance in the first quarter, which ended on December 31, 2025.
The company's industrial profit surged by 15% to 2.90 billion euros ($3.44 billion) during this period. This figure surpassed analyst expectations and contributed to a 4% increase in sales, totaling 19.14 billion euros, while orders grew by 7%.
Artificial intelligence is identified as a primary catalyst for Siemens' recent growth. CEO Roland Busch emphasized the company's success in integrating industrial AI across its core sectors, delivering measurable value to customers through enhanced design, development, and operational processes.
Siemens showcased AI-powered solutions including software for training logistics robots and tools enabling voice interaction for machine diagnostics. The company also provides hardware and software for data centers, essential for supporting AI advancements.
