Siemens AG reported higher profit and revenues in the third quarter, with net income growing 5% to 2.24 billion euros and orders increasing significantly to 24.72 billion euros. The company maintained its fiscal 2025 outlook, expecting basic earnings per share before PPA of 10.40 to 11 euros. Revenue for the period rose 3% to 19.38 billion euros, with orders growing 25% to 24.72 billion euros. Siemens expects comparable revenue growth of 3% to 7%. Earnings per share pre PPA were 2.78 euros, up from 2.66 euros last year.

Read more at Nasdaq: Siemens Q3 Profit Rises, Orders Climb; Maintains FY25 Outlook