Investing.com -- 西门子能源股份公司（ETR:ENR1n）周三预测，2027财年净利润将达到约50亿欧元，比分析师平均预期的55亿欧元低约10%，这在一定程度上抑制了该公司创纪录的一年表现——该公司在该年度超预期完成季度利润目标、将股息提高两倍并承诺追加高达90亿欧元的股份回购。
Investing.com -- Siemens Energy AG (ETR:ENR1n) on Wednesday forecast fiscal 2027 net income of around €5 billion, about 10% short of analysts’ average of €5.5 billion, tempering a record year in which it beat quarterly profit expectations, tripled its dividend and pledged up to €9 billion more in share buybacks.
总部位于慕尼黑的该公司预计，2027财年营收将实现14%至16%的增长（不含汇率和资产组合影响），税前特殊项目利润率将达到14%至16%，而分析师平均预期为14.7%。
The Munich-based company expects fiscal 2027 revenue growth of 14% to 16%, excluding currency and portfolio effects, and a profit margin before special items of 14% to 16%, versus analysts’ average of 14.7%.
该公司还预计，税前自由现金流将达到约100亿欧元，而2026财年为88亿欧元。上述展望不包括未来可能发生的法律和监管事项产生的费用。
It also expects free cash flow before tax of around €10 billion, versus €8.80 billion in fiscal 2026. The outlook excludes charges from any future legal and regulatory matters.
燃气服务业务预计营收增长24%至26%，电网技术业务预计增长22%至24%。风电业务西门子歌美飒预计利润率为0%至2%，而分析师平均预期为2.7%。
Gas Services expects revenue growth of 24% to 26% and Grid Technologies 22% to 24%. Siemens Gamesa, the wind unit, expects a margin of 0% to 2%, versus analysts’ average of 2.7%.
对于2030财年，公司目标是实现税前特殊项目利润率20%至22%，以及截至该年度的复合年营收增长率12%至14%。
For fiscal 2030, it targets a margin before special items of 20% to 22% and compound annual revenue growth of 12% to 14% through that year.
在7月至9月季度，税前特殊项目利润为15.4亿欧元，而去年同期为4.71亿欧元，分析师平均预期为14.7亿欧元。
In the July-September quarter, profit before special items was €1.54 billion, versus €471 million a year earlier and analysts’ average of €1.47 billion.
营收达到创纪录的128.3亿欧元，而预期为125.6亿欧元。净利润为13.6亿欧元，而预期为12.5亿欧元，每股收益为1.49欧元，而预期为1.38欧元。
Revenue hit a record €12.83 billion, versus €12.56 billion expected. Net income was €1.36 billion, versus €1.25 billion expected, and earnings per share were €1.49, versus €1.38.
利润为17.3亿欧元，而预期为15亿欧元。特殊项目为1.84亿欧元收益，主要来自航空衍生型燃气轮机资产减值拨回。
Profit was €1.73 billion, versus €1.50 billion expected. Special items were a gain of €184 million, mainly from the reversal of impairments on aeroderivative gas turbine assets.
不含汇率和资产组合影响的订单增长5.2%至148.2亿欧元，但低于分析师平均预期的154.7亿欧元，反映出正常的项目阶段性特征和大型项目业务的性质。订单积压达到创纪录的1640亿欧元。
Orders rose 5.2% excluding currency and portfolio effects to €14.82 billion but missed analysts’ average of €15.47 billion, reflecting normal project phasing and the large-project nature of the business. Order backlog hit a record €164 billion.
燃气服务业务税前特殊项目利润为6.69亿欧元，而预期为5.11亿欧元，但其订单额为52.6亿欧元，低于预期的61.4亿欧元，原因是大型项目业务的预期时间安排。
Gas Services earned €669 million before special items, versus €511 million expected, but its orders of €5.26 billion trailed €6.14 billion expected on expected timing in the large-project business.
Gamesa 盈利 2300 万欧元，预期为 7200 万欧元；工业转型部门盈利 1.64 亿欧元，预期为 2.08 亿欧元，部分原因是中东地区的动荡。
Gamesa earned €23 million, versus €72 million expected, and Transformation of Industry €164 million, versus €208 million expected, partly on Middle East disruptions.
税前自由现金流为 16.4 亿欧元，上年同期为 13.3 亿欧元，得益于利润增加和客户预付款。
Free cash flow before tax was €1.64 billion, versus €1.33 billion a year earlier, helped by higher profit and customer advance payments.
2026 财年，税前特殊项目利润为 54.9 亿欧元，预期为 54.1 亿欧元；净利润为 41.3 亿欧元，上年同期为 16.9 亿欧元。
For fiscal 2026, profit before special items was €5.49 billion, versus €5.41 billion expected, and net income was €4.13 billion, versus €1.69 billion a year earlier.
拟派发股息为每股 2.30 欧元，2025 财年为每股 0.70 欧元。西门子能源在 2026 财年回购了 31 亿欧元股份，并计划到 2030 财年再回购最多 90 亿欧元。
The proposed dividend is €2.30 per share, versus €0.70 for fiscal 2025. Siemens Energy bought back €3.1 billion of shares in fiscal 2026 and plans up to €9 billion more through fiscal 2030.