# Siemens Reports Record Performance Despite Lower Annual Net Profit Record order intake and industrial growth signal strong momentum for the German engineering giant. - **Source:** [Sky News Arabia](https://www.skynewsarabia.com) - **Published:** 2026-11-12 - **Topic:** [Business](https://brifing.si/c/business) - **Original article:** - **On Brifing:** https://brifing.si/s/c2aecbbd-37d9-4c8d-931a-17082d49c013 ## Record Industrial Performance Siemens reported a net profit of 9.5 billion euros for the fiscal year, a decrease of 900 million euros from the previous year. This decline is attributed to a one-time gain from the Innomotics sale last year. Excluding such effects, core industrial business grew by 13 percent, reaching a historic record. ## Surging Order Intake The company achieved a record order intake of 108 billion euros, significantly outpacing total revenue. This metric serves as a key indicator of future demand and operational health. Revenues also saw a healthy increase, rising from 78.9 billion euros to 83.4 billion euros, reflecting strong underlying demand across major global markets. ## Digital and Infrastructure Growth The Digital Industries and Smart Infrastructure segments acted as the primary drivers for this year's success. While both sectors performed well, the Digital Industries division showed a particularly strong recovery after previous periods of weak demand. This rebound highlights the effectiveness of the company's current pivot toward high-growth industrial technology solutions. ## Strategic Divestment Plans Siemens plans to relinquish its controlling stake in its medical technology subsidiary, Healthineers, during the current fiscal year. The company will distribute over one-third of Healthineers shares to existing shareholders. Specifically, every investor holding two Siemens shares will receive one share in the medical technology unit, marking a significant structural shift. ## AI as Growth Catalyst CEO Roland Busch identified artificial intelligence as a unique growth opportunity for the group. The company aims to outpace its primary markets by leveraging its established industrial position. Consequently, management has set ambitious targets for the 2027 fiscal year and raised medium-term growth expectations for both revenue and overall corporate profitability. ## Shareholder Value Initiatives Reflecting confidence in the company's financial trajectory, Siemens plans to increase cash dividends for its shareholders. The dividend will rise by 15 cents, reaching 5.5 euros per share. This move underscores the board's commitment to returning value to investors despite the complex structural changes occurring within the group's diverse business portfolio. ## Revised Financial Outlook Future financial forecasts will be calculated excluding the Healthineers controlling stake to provide a clearer view of the core business. These projections do not account for potential accounting gains or costs associated with the spin-off process. Management remains optimistic that revenue and profit will continue to show notable growth throughout the year. ## Operational Future Outlook As the new fiscal year progresses, Siemens is positioning itself to maintain its current momentum. By focusing on smart infrastructure and digital transformation, the company aims to sustain its competitive edge. Investors should monitor the integration of AI technologies and the successful execution of the Healthineers stake reduction in coming quarters. ## Sources covering this story - https://www.skynewsarabia.com/business/1904325-%D8%B1%D8%BA%D9%85-%D9%87%D8%A8%D9%88%D8%B7-%D8%A7%D9%84%D8%A3%D8%B1%D8%A8%D8%A7%D8%AD-%D8%B3%D9%8A%D9%85%D9%86%D8%B3-%D8%AA%D8%AD%D9%82%D9%82-%D8%B9%D8%A7%D9%85%D8%A7-%D9%82%D9%8A%D8%A7%D8%B3%D9%8A%D8%A7 — --- _Summary written by Brifing from the original reporting. Copyright in the original article belongs to its publisher; read the full piece at the link above._