Siemens Energy (ENR.DE,1ENR.MI) reported that its second quarter net income to shareholders of Siemens Energy was 766 million euros compared to 433 million euros, last year. Earnings per share was 0.88 euros compared to 0.49 euros. Profit before special items rose substantially year-over-year to 1.16 billion euros from 906 million euros, mainly due to the profit improvement at Siemens Gamesa.
On a comparable basis, second quarter revenue increased by 8.9% year-over-year to 10.3 billion euros, supported by all segments. Siemens Energy achieved a new all-time high in orders of 17.7 billion euros, up 29.5%.
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May 08, 2026 15:50 ET Manufacturing and services sector survey results and labor market data from main economies were the highlight on the economics news front this week. Factory orders and jobs report dominated the news flow in the U.S. Similarly, industrial production data from German garnered attention in Europe. In Asia, purchasing managers’ survey results from China and the central bank decision from Australia were in focus.