Siemens Healthineers Flags Bigger FX, Tariff Headwinds in Q2 Pre-Close Update, Reiterates Outlook [Yahoo! Finance]
SIEMENS AG SPONS ADR (SIEGY)
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Source: Yahoo! Finance
Siemens Healthineers (ETR:SHL) outlined foreign exchange and tariff headwinds heading into its fiscal 2026 second quarter, while reiterating expectations for segment-level growth and margin pressures, in a recorded “pre-close catch-up” dated March 23, 2026. The company emphasized that the update was meant to recap publicly communicated topics ahead of the silent period, and that it had “no indications on our Q2 actuals” with the quarter ending March 31. Foreign exchange expected to be a larger revenue headwind in Q2 The company said translational foreign exchange (FX) effects on reported revenue are expected to worsen in Q2 versus Q1. In Q1, Siemens Healthineers described a translational headwind of “around 5%.” For Q2, management noted that the U.S. dollar was “on average weaker than in Q1,” while in the prior-year Q2 “the dollar was the strongest during the last fiscal year.” Against that comparison, the company said “it would be fair to assume that the translational headwind i
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