Siemens Mobility has reported substantial growth in orders and revenue for the fourth quarter of fiscal year 2024. Orders reached €4.6 billion, marking a 47% increase compared to Q4 of the previous fiscal year. Revenue also rose by 15% to €3.3 billion on a comparable basis.
For the full fiscal year 2024, Siemens Mobility achieved a notable increase in both orders and revenue, supported by strong performance across infrastructure projects and rail technology solutions.
Siemens Mobility has also set expectations for fiscal year 2025, projecting comparable revenue growth in the range of 8% to 10%. The division also anticipates a profit margin between 8% and 10%, in line with Siemens Group’s outlook for sustained growth in infrastructure and mobility sectors amidst stable market conditions. This forecast aligns with Siemens’ commitment to maintaining a leading position in the rail industry while addressing increased demand for transportation infrastructure and technology.
