SIEMENS

What Siemens promised, and what happened

Every commitment management made on a call, tracked from the quarter it was made — reaffirmed, revised, diluted or quietly dropped.

Guidance record · Q4 FY26

what the last two calls moved 7 tracked 2 delivered 0 missed 5 open
  • Mobility EBITDA Margins at risk said Q4 FY24 Promised: Return to double-digit margins in a couple of years. Q4 FY26: EBIT improved to 7.6% in Q6. The 'couple of years' timeline is approaching, but the target has not yet been met.
  • 9000 HP Locomotive Production Ramp-up on track said Q2 FY25 Promised: Ramp up to 100 units annually in the next 3 years. Q4 FY26: Successfully delivered the first 40 locomotives by March 31, 2026. New guidance details ramp-up to 80/year in '26-'27 and 100/year from 2028.

The rest of the ledger

Above is what the last two calls moved. Pro opens all 7 tracked commitments for Siemens — every quarter's revision, the source quote behind each one, and the topics management has stopped answering.

See what Pro opens