Except orders, Siemens Energy’s Q4 results were slightly below the company-compiled consensus largely due to a softer performance at SGRE. The three Gas & Power businesses met or exceeded expectations. The group confirmed its guarantee agreement alongside its Siemens India divestment, a positive for the Gas & Power businesses. For SGRE, the group expects break-even in FY26 and is taking various measures to get there. Finally, the group’s FY24 outlook was below expectations but the FY26 targets i ....
