The company also narrowed its revenue outlook to approximately 2,500 million euro, compared to the earlier range of 2,500 to 2,600 million euro. In parallel, the adjusted EBITDA margin is now expected at 18% or higher, up from the previous estimate of approximately 18%.
HENSOLDT attributes this update to increased procurement by the German government in multiple defence programmes. The resulting orders are significantly boosting demand, pushing the book-to-bill ratio above initial expectations.
As order volumes rise, industrial scaling remains a key priority for the company. HENSOLDT is expanding capacity through automation, a new logistics centre, and a new building in Oberkochen.
Transformation initiatives across operations, engineering, and supply chain aim to enhance efficiency, flexibility and resilience. Despite the complexity of this ramp-up, the company reports that progress is on track and profitability remains intact.
“The fact that Germany is investing strongly in its own security due to the current security situation and that this political will is now being reflected in concrete orders is an important step towards genuine defence capability,” said Oliver Dörre, CEO of HENSOLDT. “Thanks to innovative technologies and the consistent expansion of our industrial capacity, we are well positioned to make an important contribution to this. This demonstrates HENSOLDT’s ability to reliably deliver complex products and solutions even in the face of significantly increasing demand.”
Christian Ladurner, CFO of HENSOLDT, added: “The raise of our book-to-bill ratio and the specification of the adjusted EBITDA margin shows that HENSOLDT is not only growing but also continuing to operate profitably. Through targeted investments in capacity and processes, we are securing our delivery capability and sustainable growth. At the same time, our company’s operational strength forms the basis for consistently implementing our strategic priorities.”
