Tim Proll-Gerwe
Head of Media Relations
[Interpreted] Good morning, everybody. I’m Tim Proll-Gerwe. This is our earnings call for Q2 2026 of Siemens Energy. Like most of you know, we have slightly adjusted the format of our earnings calls. There’s not going to be a dedicated presentation by the members of the Executive Board. We get started with our Q&A. CEO, Christian Bruch, will be answering your questions. And since these are also half year numbers, Maria Ferraro, our CFO, is here as well, and she’s happy to take your questions as well.
On the 23rd of April, we’ve published our preliminary figures this morning at 7:00 AM. There were no surprises in other words. So here are the numbers. Siemens Energy has followed up with a good second quarter despite the geopolitical tensions. So we had a record order of EUR 17.7 billion orders and achieved improvements with all main indicators. The order intake was driven by data centers. We are talking about EUR 154 billion of orders (sic) [ order backlog ], which is, in another way, EUR 8 billion more than in the past year. EUR 1.164 billion profit before — profit margin before special items. And net income was at EUR 835 million, [ and next is ] free cash flow, and this is what Maria, our CFO, is really happy about, is almost EUR 2 billion. So what I’m saying is this has been a strong second half year for Siemens Energy.
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