Q3 2025 Siemens Energy AG Earnings Press Conference Transcript
[Operator instruction]
Good morning and welcome to today's conference call for Q3 2025 Siemens Energy AG Earnings.
[Instruction]
Mr. Bruch, you might think it's finally a boring quarter, but then you replaced the counter guarantees, and then the share price went up to over â¬100. So, we're not all that boring after all, over to you.
Good morning to all of you. Thank you for joining us today. As usual, what I'm going to do is I'm going to give you an overview of our developments in the past quarter and then after that overview, Maria will then go into the details of the figures. And basically, I can only repeat what I already said in the 2nd quarter. So yes, it may be boring.
Despite the geopolitical challenges, we continue to operate in what is an attractive market environment, the rising electricity demand and the need to replace aging infrastructure. I'm indeed ensuring a sustained high
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