HENSOLDT Reports Significant Revenue Growth in Q3 2024

HENSOLDT AG has announced a strong financial performance for the first nine months of 2024. The company reported a 21.3% increase in revenue, reaching EUR 1,377 million, and a 44.9% rise in order intake to EUR 1,865 million. The adjusted EBITDA improved by 24.1% to EUR 187 million, with a margin increase to 13.6%.

Key factors include the successful integration of the ESG Group and robust demand, particularly in its Sensors segment. Notable orders include defense systems for the German Bundeswehr and deliveries to Latvia and Slovenia. The company's core business, excluding ESG Group contributions, also saw significant growth.

Looking ahead, HENSOLDT expects to reach consolidated revenues of approximately EUR 2.3 billion for the full year, with strong demand anticipated from Europe and NATO countries continuing to bolster performance.