Siemens Energy Ag (SMEGF) Q1 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

We are about to begin. Good morning, ladies and gentlemen, and welcome to the Siemens Energy's Q1 fiscal year 2026 analyst call. As a reminder, this call is being recorded. Before we begin, I would like to draw your attention to the safe harbor statement on page 2 of the Siemens Energy presentation. The conference call may include forward-looking statements. These statements are based on the company's current expectations and certain assumptions and are therefore subject to certain risks and uncertainties. At this time, I would like to turn the call over to your host today, Mr. Tobias Hang. Please go ahead, sir. Thank you so much, Moritz. Good morning and a warm welcome to the Siemens Energy Q1 fiscal year 2026 results and analyst call. As always, all documents were released at 7 a.m. on our website. Our president and CEO Christian Bruch and our CFO Maria Ferraro are here with me. Christian Maria will take you through the major developments during Q1 fiscal year 2026. This will take approximately 30 minutes. Thereafter, Christian and Maria are available to answer your questions. For the entire conference call, we have allowed one hour. Christian, over to you. Thank you very much, Tobias, and good morning, everyone, and welcome to our quarter one analyst call also from my side. Thank you for joining us today. I'm pleased to report that Siemens Energy had a very strong start into fiscal year 2026, capitalizing on the favorable market momentum and successful execution of the backlog. The global energy system continues to transform with increased pace, shaped by electrification and the increasing need for security of supply, and our portfolio is excellent aligned with these long-term needs. In the first quarter, we booked orders of nearly 18 billion euros, the strongest ...