Siemens Energy AG Q4 2024 Earnings Call Transcript - Thomson StreetEvents

Siemens Energy AG Q4 2024 Earnings Call Transcript

Siemens Energy AG Q4 2024 Earnings Call Transcript - Thomson StreetEvents
Siemens Energy AG Q4 2024 Earnings Call Transcript
Published Nov 13, 2024
26 pages (17190 words) — Published Nov 13, 2024
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Abstract:

Edited Transcript of ENR1n.DE earnings conference call or presentation 13-Nov-24 9:30am GMT

  
Brief Excerpt:

...(audio in progress) Our call today. And as Michael indicated, we would like to do it a bit in two sections. First of all, Maria and myself will go through the usual reporting. And then thereafter, we will address on how we want to deliver midterm and the different business and how we execute our strategy going forward. First of all, I'm pleased to say that we not only delivered strong growth and significant margin expansion, but that we have reached the top end of our guidance for fiscal year '24 for all the key KPIs and even after raising our guidance in quarter two of this fiscal year. Cash flow came in very strong, and we generated more than EUR900 million of free cash flow in the quarter. We booked EUR50 billion of orders and again, finished the year with a record order backlog with significantly better margin quality. This means that we have built the case for strong growth and rising profitability for many years to come. Electricity demand growth remained strong, driving investment...

  
Report Type:

Transcript

Source:
Company:
Siemens Energy AG
Ticker
ENR1n.DE
Time
9:30am GMT
Format:
PDF Adobe Acrobat
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MLA:
Thomson StreetEvents. "Siemens Energy AG Q4 2024 Earnings Call Transcript" Nov 13, 2024. Alacra Store. Nov 06, 2026. <http://www.alacrastore.com/thomson-streetevents-transcripts/Q4-2024-Siemens-Energy-AG-Earnings-Call-T15699727>
  
APA:
Thomson StreetEvents. (2024). Siemens Energy AG Q4 2024 Earnings Call Transcript Nov 13, 2024. New York, NY: Alacra Store. Retrieved Nov 06, 2026 from <http://www.alacrastore.com/thomson-streetevents-transcripts/Q4-2024-Siemens-Energy-AG-Earnings-Call-T15699727>
  
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