SIEMENS ENERGY SEES PROFIT SURGE BY 2030 AS POWER DEMAND BOOMS Siemens Energy AG expects its profit margins to rise to as much as 22% by 2030, driven by surging global demand for gas turbines, transformers and power-grid equipment. The German energy equipment maker forecasts annual revenue growth of up to 14% through fiscal 2030, supported by rising electricity demand from artificial intelligence infrastructure, data centers and electrification. Its profit before special items more than doubled to €5.5 billion in fiscal 2026. The company also announced an additional €9 billion share buyback through fiscal 2030 and proposed more than tripling its dividend to €2.30 per share. CEO Christian Bruch expects data-center-related electricity demand to remain strong, while the company forecasts around €5 billion in net income and €10 billion in free cash flow before tax for the current fiscal year. Its wind division, Siemens Gamesa, also reached breakeven, marking a major milestone in its turnaround.

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Siemens Energy Q4 26 Earnings: • Rev: €12.83B (est €12.52B) • Profit Before Special Items: €1.54B (est €1.49B) • Siemens Gamesa Profit Before Special Items: €23M • Orders: €14.82B (est €15.31B) • Sees FY2027 Profit Margin Excluding Special Items: 14% To 16%

Siemens Energy says profit margins will swell to as much as 22% by 2030 after the company more than doubled earnings last year on booming demand for gas turbines and power-grid equipment