Overview

• Siemens achieved a Q2 net profit of €2.4 billion, an 11% increase year-on-year, with revenue rising 7% to €19.8 billion.
• The Smart Infrastructure segment saw profits surge by nearly two-thirds, aided by operational growth and a divestment-related gain.
• Automation orders rebounded in China, offsetting declines in Germany, as inventory corrections in key markets eased.
• Siemens reaffirmed its full-year guidance, citing its global footprint and proactive measures to mitigate tariff and macroeconomic risks.
• The company is proceeding with plans to cut 6,000 jobs globally by 2027, primarily in the automation sector, as part of a broader cost-structure overhaul.