Siemens AG unveiled on Thursday that its revenue in the first quarter of its fiscal 2025 reached €18.4 billion, rising 3% compared to the same period a year earlier.
The company's net income amounted to €3.9 billion in the reported trimester, surging by 52% year-over-year, while its basic earnings per share jumped by 56%, landing at €4.71. In addition, orders stood at €20 billion, declining 7% from the same period a year prior.
"With a promising start to fiscal 2025, we are creating clear momentum for continued value creation for our stakeholders. Our technologies enable our customers to combine the real and digital worlds to improve competitiveness, resilience and sustainability. We see strong traction in bringing real world impact with our leadership in industrial AI," President and CEO Roland Busch noted.
