Hensoldt AG Ordinary Shares

HAG: XETR (DEU)

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Hensoldt Earnings: Record Orders Confirm Structural Demand; Execution Tempers Near-Term Conversion

Loredana Muharremi

Feb 26, 2026

Hensoldt reported full-year 2025 preliminary results with order intake of EUR 4.7 billion (book-to-bill 1.9 times), revenue of EUR 2.5 billion, adjusted EBITDA of EUR 452 million (18.4% margin), and free cash flow of EUR 347 million.

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Hensoldt AG Ordinary Shares

Hensoldt Earnings: Record Orders Confirm Structural Demand; Execution Tempers Near-Term Conversion

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