Siemens Wins $2.5 Billion Swiss Railway Deal and Eyes New Growth
Siemens Mobility has landed a major win in Europe’s rail industry. The German engineering giant will supply 116 double decker trains to Switzerland’s national railway service, SBB, in a contract worth 2 billion Swiss francs ($2.5 billion).
According to SBB, Siemens submitted the most advantageous bid under Switzerland’s procurement laws. In addition, SBB reserved an option to buy 84 more trains in the future.
The new trains will operate mainly on regional routes. About 95 of them will serve Zurich’s local transport network during the 2030s.
Each train will stretch 150 meters long and feature 540 seats. They will offer more room for strollers, bikes, luggage, and standing passengers. Moreover, the trains can reach a top speed of 160 km/h, making regional travel faster and more comfortable.
This order follows a long term framework agreement between Siemens and SBB. The two companies plan to digitalize Switzerland’s rail signal boxes. The 10 year deal, extendable upon review, includes hardware, software, and specialized training for local staff.
Positive Outlook
Meanwhile, Siemens Healthineers AG, the company’s medical technology arm, reported a small profit decline in its fourth quarter. Revenue dropped slightly compared to last year. However, the firm maintained confidence in its future.
For fiscal 2026, Siemens Healthineers expects earnings per share between €2.20 and €2.40 ($2.53–$2.76). It also forecasts 5% to 6% revenue growth over the previous year.
In fiscal 2025, adjusted earnings per share reached €2.39 on revenues of €23.38 billion.
Chief Executive Bernd Montag expressed optimism. “We have closed another successful year despite challenges,” he said. “Our strong foundation supports the next strategy phase.”
In the last quarter, net income fell 4%, landing at €597 million, down from €624 million a year earlier. Basic earnings per share slipped slightly to €0.52 from €0.55, while adjusted EPS rose marginally to €0.68.
