Siemens Energy CEO Christian Bruch discussed the company's successful fiscal year 2025, attributing it to hard work, strong electricity market conditions, successful products, and effective management of a large backlog, resulting in 15% revenue growth and double-digit margins across most business areas. He detailed efforts to stabilize the wind business, focusing on fixing quality issues in onshore wind and increasing factory output for offshore wind. Bruch also announced the return of dividend payments for the first time in four years, with more details to be shared at their upcoming Capital Market Day. He clarified that while AI-driven demand contributes to the positive energy market outlook, it represents a smaller portion of their business compared to classical electrification, population growth, and industrial electrification, emphasizing the importance of a diversified customer base to mitigate market volatility.
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