Siemens Healthineers
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Siemens Healthineers (SHL) investor relations material

Siemens Healthineers Pre-close call summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
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Pre-close call summary24 Jun, 2026

Executive summary

  • Q3 pre-close call summarizes key topics and macro factors ahead of the silent period, with a focus on foreign exchange and segment performance.

  • No Q3 actuals are available yet, as the quarter ends June 30th.

Trading performance and revenue trends

  • Mid-single digit (6%) revenue growth expected for Imaging in Q3, despite tough comps from 12% growth in prior year.

  • Precision Therapy expected to accelerate growth in Q3, especially in Advanced Therapies.

  • Diagnostics segment anticipates a year-over-year revenue decline in Q3, but less than the 5% drop in H1.

Profitability and margins

  • Imaging and Precision Therapy margins expected to decline year-over-year in Q3 due to FX and cost inflation.

  • Diagnostics margin projected to contract by about five percentage points year-over-year, but sequential improvement expected from cost reductions.

  • Imaging margin faces tougher comps due to last year's favorable business mix and current headwinds.

Supply chain inflation outlook for fiscal 2027
Diagnostics sequential margin recovery drivers
Impact of prior year mix on Imaging margins
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Q3 202631 Jul, 2026
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