As part of the spin-off, 49% of TKMS shares were distributed to existing thyssenkrupp AG shareholders in proportion to their holdings. Each share carries both voting and dividend rights, offering investors the opportunity to participate in the company’s future growth.
“Today, we are opening a new chapter in the history of TKMS and at the same time sending a strong signal for maritime security,” said Oliver Burkhard, CEO of TKMS. “Our independence will enable us to increase agility and flexibility in the future. This will benefit our customers and partners in NATO as they undertake the urgently needed modernization of their maritime forces. Through the listing of our shares, a broad range of investors now have the opportunity to participate in this important task.”
TKMS is Europe’s only fully integrated system provider for maritime defence, combining expertise in submarines, surface vessels, unmanned systems, electronics, sensors, and software. The company currently holds a record order backlog of €18.6 billion, which has tripled over the past five years.
“With the listing of TKMS, we are combining entrepreneurial independence with the stability of a strong anchor shareholder,” said Miguel López, CEO of thyssenkrupp AG. “The spin-off gives TKMS direct access to the capital market and is also a commitment to Europe’s industrial sovereignty.”
TKMS expects the market potential for maritime security to double by the mid-2030s, with targets for average annual revenue growth of around 10%. The company also aims to increase its adjusted EBIT margin to over 7% in the medium term, supported by process improvements and a greater share of high-margin technology solutions.
