BERLIN, Nov 13 (Reuters) - Siemens Energy (ENR1n.DE) , opens new tab said on Thursday that it would pay its first dividend in four years and also raised its mid-term outlook following strong demand for gas turbines, services and power transmission technology.

"This success was hard-earned and didn't come by chance," CEO Christian Bruch said, in a reference to years of restructuring and cost cuts in the wake of a major quality crisis at the group's wind turbine division.

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Siemens Energy recommended a dividend of 0.70 euros ($0.82) per share for the fiscal year that ended in September, the highest payout since the company was spun off from former parent Siemens AG (SIEGn.DE) , opens new tab in 2020.

As a result of a more optimistic view of the global power equipment market, Siemens Energy now expects sales to grow by at least 10% a year in the 2025 to 2028 period, while the profit margin before special items will rise to 14% to 16% in 2028.

The group, which makes everything from gas and wind turbines to electrolysers and power transmission equipment, had previously expected average annual sales growth in the high single-digit percentage range until 2028, with a margin of 10%-12% that year.

($1 = 0.8575 euros)

https://www.reuters.com/sustainability/climate-energy/siemens-energy-pay-dividend-2025-raises-mid-term-outlook-2025-11-13/