Record Order Backlog

Siemens Energy has announced a groundbreaking achievement in its first-quarter fiscal 2025 earnings report, revealing a record-high order backlog of €131 billion. This significant figure represents an 11.2% increase from the €118 billion recorded in the same quarter of fiscal 2024, showcasing the company's strong market presence and customer demand.

Sharp Decline in Net Profit

Despite the impressive order intake, Siemens Energy faced a challenging quarter in terms of profitability. The company reported a sharp decline in net profit, with figures plummeting to €252 million for the quarter. This marks an 84.1% drop from last year's €1.6 billion, highlighting the volatile nature of the energy sector and the challenges faced by Siemens Energy in maintaining its profit margins.

Earnings Per Share Drop

The financial strain is further evidenced by the company's earnings per share, which fell to €0.23, down 87.2% year-over-year. This significant decrease underscores the impact of market fluctuations and operational challenges on Siemens Energy's financial performance.