Siemens Energy AG reported a stronger-than-expected third quarter, posting revenue of €9.75 billion and profit before special items of €497 million. Orders jumped 65% year-on-year to €16.61 billion, buoyed by brisk demand for gas turbines and power-grid equipment in the United States, where data-centre construction is driving electricity needs. The surge lifted the company’s order backlog to a record €136 billion and prompted management to forecast full-year comparable sales growth at the top end of its 13%-to-15% target range. Profit margin before special items is still expected at 4%–6%. Chief Executive Officer Christian Bruch said the impact of Washington’s 145% tariff on Chinese goods—a €100 million hit so far—remains ‘manageable’ thanks to contracts that allow cost pass-throughs. Siemens Energy is also pursuing cost cuts and an offshore wind-turbine ramp-up aimed at returning its troubled wind division to break-even. The solid quarter underscores the group’s recovery from a quality crisis two years ago and supports plans to resume dividend payments sooner than previously anticipated.