Siemens (ETR:SIE) Full Year 2024 Results

Key Financial Results

• Revenue: €75.9b (down 2.4% from FY 2023).

• Net income: €8.22b (up 3.6% from FY 2023).

• Profit margin: 11% (in line with FY 2023).

• EPS: €10.42 (up from €10.02 in FY 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Siemens Revenues Disappoint

Revenue missed analyst estimates by 1.1%. Earnings per share (EPS) was mostly in line with analyst estimates.

Looking ahead, revenue is forecast to grow 5.4% p.a. on average during the next 3 years, compared to a 5.2% growth forecast for the Industrials industry in Europe.

Performance of the market in Germany.

The company's shares are up 2.4% from a week ago.

Risk Analysis

We should say that we've discovered 1 warning sign for Siemens that you should be aware of before investing here.

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