Siemens Energy (ENR GY) prelim Q2 2026 (EUR): Revenue 10.3bln (exp. 10.8bln), Adj net income 1.16bln, FCF 1.98bln, Order intake 17.7bln (exp. 15.6bln); FY adj. revenue growth view 14-16%
Context
Siemens Energy's preliminary Q2 results indicate a revenue miss against expectations, but solid order intake suggests strong demand. The adjusted net income and free cash flow are in line with expectations, pointing to stable operational performance. The upward revision of the full-year revenue growth outlook suggests resilience in their business model despite the revenue shortfall.
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