Siemens Sees US Dollar Drag as It Pares Stake in MRI Maker (2)

Siemens AG expects adverse currency movements to weigh on its results as the engineering company cuts its stake in MRI maker Siemens Healthineers AG to focus on growth in software.

The German manufacturer sees headwinds related to the US dollar “strongly” impacting revenue and profit growth during the 2026 fiscal year, it said Thursday. Siemens also plans to hand a roughly €15 billion ($17.4 billion) stake in Healthineers to its shareholders, another step in a years-long revamp toward industrial software and artificial intelligence applications.

While Siemens revenues rose 5% in fiscal 2025, costs to integrate the recent acquisitions of Dotmatics ...