HENSOLDT Reports Record Growth in 2025

In the 2025 financial year, HENSOLDT achieved a significant increase in order intake and revenue, confirming its structural growth path. Order intake rose by 62% to EUR 4,710 million, raising the order backlog to EUR 8,833 million, a one-third increase from the previous year. Revenue grew by nearly 10% to EUR 2,455 million. The book-to-bill ratio climbed to 1.9x, reflecting heightened demand.

Profitability also improved, with adjusted EBITDA reaching EUR 452 million and a margin of 18.4%, surpassing expectations. Adjusted free cash flow increased to EUR 347 million, driven by positive operations and advance payments. HENSOLDT maintained a stable net leverage of 1.6x, balancing increased free liquidity and lease liabilities due to capacity expansions.

The company plans to propose a 10% increase in dividends, with a forecasted revenue of EUR 2,750 million for 2026 and an adjusted EBITDA margin between 18.5% and 19%.