Strong Revenue Growth
Group revenue increased by 11% to EUR 944 million, driven by strong momentum in the Optronics business. Core revenue grew by 14% excluding pass-through revenue.
Record Order Backlog
Order backlog reached a record level, exceeding EUR 7 billion, providing excellent visibility for future growth.
Successful Integration of ESG
The integration of ESG is on track, with cost and revenue synergies starting to contribute to operational performance.
Promising Outlook for Defense Market
Germany's defense budget is expected to more than double by 2029, which positions Hensoldt well to benefit from increased defense spending.
Significant Contract Wins
Notable contracts include enhanced TRML-4D for Ukraine and anticipated orders for Eurofighter, air defense radars, and self-protection systems.
Adjusted EBITDA Growth
Adjusted EBITDA increased to EUR 107 million with a margin of 11.3%, driven by product mix effects and the ramp-up of the new logistics center.