Order intake was €701 million in the first quarter, compared to €665 million in the previous year.
Revenues for the quarter increased to €395 million, up from last year’s €329 million.
Alongside additional revenue from the ESG Group’s business activities, this was mainly due to strong revenue growth in the Optronics segment.
The company said it now has the technologies, solutions and operational capabilities to play a significant role in the upcoming German and EU procurement programmes and to increase its previous ambition of €5 billion in revenue by 2030 to up to €6 billion.
The company confirmed its guidance for the financial year 2025. The company anticipates revenue of €2.5 billion to €2.6 billion and a book-to-bill ratio of around 1.2x.
Profitability will be reported as an adjusted EBITDA margin and is expected to be around 18%.
Continued German and European investment in security and defence will result in further high demand for the company’s products and solutions.
Source: dpa