Siemens Energy Targets 20%-22% Profit Margin Before Special Items by 2030

• Siemens Energy outlined FY2030 targets in Berlin: revenue above €70 billion, with a 20–22% profit margin before special items.
• FY2027 guidance calls for 14–16% comparable revenue growth, with a 14–16% profit margin before special items.
• FY2026 net income reached €4.1 billion, with free cash flow before tax of €8.8 billion.
• Shareholder returns are targeted above €25 billion over FY2027–2030, including annual share buybacks of about €3 billion.
• Plans call for separating Transformation of Industry, bringing in a co-investor while retaining a meaningful minority stake.

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