Table of Contents:
Siemens financial results in the fourth quarter
Siemens recently released its fourth-quarter results, highlighting an acceleration in growth that surprised analysts. Orders increased by 10% on a comparable basis, reaching a total of 22.9 billion euros. Revenues also showed an increase, albeit smaller, with 2% growth, bringing the total to 20.8 billion euros
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Record annual performance and net profit
Looking at the entire fiscal year, Siemens recorded a net profit of 9 billion euros, a result that represents an all-time high for the company.
Earnings per share (EPS) increased to 10.53 euros, reflecting financial strength that allowed the company to propose a dividend increase from 4.70 euros to 5.20 euros per share. This increase in the dividend is a clear sign of Siemens’ confidence in its future performance
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Cash flow and future prospects
Another notable aspect of Siemens’ results was the Free Cash Flow, which reached 5 billion euros. This exceptional cash flow provided the company with the cash needed to invest in new opportunities and sustain growth. Despite a decrease in orders on an annual basis, the overall performance was considered positive, thanks to strong cash flow and effective resource management
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Analysis of the economic environment
The current economic environment presents challenges and opportunities. Eurozone GDP grew by 0.4% in the third quarter of 2024, confirming preliminary Eurostat estimates. This positive trend is encouraging for companies like Siemens, which operate in a competitive and constantly evolving market. The 0.9% annual GDP growth suggests that there are signs of economic recovery, which could further boost demand for the products and services offered by Siemens
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