Benefiting from the surge in demand for natural gas power generation, Siemens Energy expects a significant increase in profits
2026-11-11 14:27:43
According to CoinMeta, Siemens Energy stated that by 2030, its profit margin is expected to increase to a maximum of 22%. Previously, thanks to the surge in demand for gas turbines and power grid equipment, the company's profits more than doubled last year. Siemens Energy expects its annual revenue to grow at an average rate of up to 14% by the 2030 fiscal year. This year (2027 fiscal year), the profit margin is expected to further expand, with net profits forecasted at around 5 billion euros and pre-tax free cash flow at around 10 billion euros. The company is also increasing its cash returns to shareholders. On Tuesday evening, the company announced that in addition to its existing 6 billion euro share repurchase plan, it will add another 9 billion euros in share repurchases by the 2030 fiscal year. On Wednesday, the company also proposed to raise the dividend per share to 2.30 euros, an increase of more than twice.
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Source:Jin10 Data
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