Earnings Sweep Shows Profit Squeeze as Siemens Sets 2026 Growth Outlook

Overview

• Siemens reported €21.43 billion in fiscal‑quarter revenue with net income down to €1.62 billion, guided for 6%–8% comparable revenue growth in FY2026, will cut its Siemens Healthineers stake to a minority position, and named Veronika Bienert to succeed CFO Ralf Thomas in FY2026.
• JBS posted record third‑quarter revenue of US$22.6 billion while net income fell 16.2% to US$581 million, with adjusted EBITDA at US$1.8 billion for an 8.1% margin.
• CPFL Energia’s net income rose 3.3% to R$1.37 billion, driven by strong distribution results as generation was curtailed, and the CEO said MP 1.304 awaiting presidential sanction could reimburse lost revenues.
• Cemig’s profit dropped 75.7% to R$796.2 million versus an inflated prior‑year quarter that included R$3.15 billion of one‑offs, with additional pressure from higher financial expenses.
• Localiza’s net income fell 68.2% to R$258.1 million on higher costs and financing expenses and softer used‑car prices, while Light’s profit slid 79.3% to R$33 million due to milder temperatures, contract‑related charges, and public‑sector bill parceling.