Siemens Energy targets upper end of 2025 outlook on strong US demand
ReutersAug 6, 2025 5:00 AM
FRANKFURT, Aug 6 (Reuters) - Siemens Energy expects to hit the upper end of its 2025 outlook, it said on Wednesday, driven by its wind turbine division and strong demand in the United States for its power equipment that helped it to shrug off the impact of import tariffs.
The company, which reported third-quarter net profit above the LSEG analyst poll, said it is now trending towards the upper end of its outlook, which foresees sales growth of 13-15% and a profit margin before special items of 4-6%.
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