"European Stocks" Siemens' adjusted quarterly profit rises 2%, below expectations, plans to reduce stake in Siemens Healthineers

AASTOCKS
2025.11.13 06:25

Siemens in Germany announced its fourth-quarter results for the period ending September. Quarterly industrial profit increased by 2% year-on-year to €3.19 billion, which was below the market expectation of €3.32 billion. Quarterly revenue rose by 3% year-on-year to €21.427 billion, in line with market expectations. Quarterly net profit fell by 13% year-on-year to €1.837 billion, which was below the market expectation of €2.18 billion. Quarterly orders decreased by 4% year-on-year to €21.939 billion.

The company previously announced a reduction in its stake in the medical equipment branch Siemens Healthineers through a share transfer to investors, lowering its ownership from 67% to 37%. Investors requested the company to divest this business to focus on industrial and building automation