Siemens Energy expects low triple-digit million euro tariff hit in 2026

Core Viewpoint - Siemens Energy anticipates that U.S. import tariffs will result in a financial impact of at least 100 million euros ($117 million) in the upcoming year, which is less severe than the approximately 200 million euros experienced in 2025 [1] Financial Impact - The finance chief of Siemens Energy, Maria Ferraro, indicated that the expected hit from U.S. import tariffs for the next year is at least 100 million euros [1] - This projected impact is significantly lower than the roughly 200 million euros that the company faced in 2025 [1]