Siemens AG Q1 2024 Earnings Press Call

Siemens AG reported strong Q1 fiscal 2024 results with orders up, driven by robust topline growth of 6% and accelerating digital transformation. The company achieved €2.7bn profit with 15.8% margin and improved free cash flow to €1.3bn while confirming full-year guidance and advancing SaaS transition with 15% ARR growth.