Today, Siemens CEO Roland Busch confidentally spoke to reporters after the company recorded higher than expected revenue.
Busch told reporters Siemens could deal with macroeconomic risks “even in the face of the current, politically motivated tariff regimes and potential countermeasures.”
“The influence of tariffs is not zero, but it’s cushioned to some extent because we have local production facilities and there are counter effects,” Busch said.
Today, the company recorded that its first-quarter revenue of 2025 grew by 3% to €18.4 billion.
Busch told investors, “With a promising start to fiscal 2025, we are creating clear momentum for continued value creation for our stakeholders. Our technologies enable our customers to combine the real and digital worlds to improve competitiveness, resilience, and sustainability. We see strong traction in bringing real-world impact with our leadership in industrial AI.”
While Siemens is prepared for the upcoming tariffs, Busch expressed frustration regarding the current uncertainty within Germany’s leadership. “Companies and society are urgently awaiting clarity and action from a new government,” he told reporters.
In Q2 2025, Siemens’ financial outlook remains unchanged.
By CEO NA Editorial Staff
