Siemens Mobility Secures Major SBB Contract
Germany’s Siemens Mobility has won a 2 billion Swiss franc ($2.5 billion) order from Switzerland’s national railway operator, SBB, to deliver 116 double-decker trains, marking one of the largest deals in Swiss rail transport history.
SBB confirmed that Siemens Mobility submitted the most competitive bid under procurement law. The agreement also includes an option for 84 additional trains in the future.
The new double-decker trains will primarily serve regional routes, with 95 units scheduled for local operations in Zurich during the 2030s. Measuring 150 meters in length, each train will feature 540 seats and enhanced space for strollers, bicycles, luggage, and standing passengers, offering greater comfort and capacity than previous models.
Designed for speeds up to 160 km/h, the trains are part of Switzerland’s effort to modernize and expand its public transport infrastructure.
This order follows a long-term framework agreement signed earlier between Siemens and SBB to digitalize Switzerland’s signal boxes. The 10-year agreement, with an option for extension, includes the construction of digital signal box systems, encompassing both hardware and software, as well as training and development services.
Profit Falls at Siemens Healthineers Despite Strong Year-End Results
In contrast, Siemens’ medical technology arm, Siemens Healthineers AG, reported a 4% decline in fourth-quarter profit, as net income fell to €597 million from €624 million a year earlier.
The company’s revenues slipped slightly, but it still proposed a higher dividend and issued a positive outlook for fiscal 2026.
For the upcoming fiscal year, Siemens Healthineers expects adjusted basic earnings per share (EPS) between €2.20 and €2.40 ($2.53–$2.76), with comparable revenue growth of 5%–6% over the previous year.
In fiscal 2025, adjusted EPS stood at €2.39, with total revenues of €23.38 billion. Fourth-quarter basic EPS declined to €0.52 from €0.55 a year ago, though adjusted EPS slightly improved to €0.68 from €0.67.
CEO Bernd Montag expressed optimism, saying, “We have closed another successful year, despite a challenging environment. Following this achievement, we are raising our proposed dividend. We have a solid foundation for our next strategy phase.”
