Booming debut for Csg on the inventory trade in Amsterdam, the most important IPO within the protection sector | EUROtoday

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(Il Sole 24 Ore Radiocor) – Czechoslovak Group (ticker Csg), lively within the protection sector primarily based in Prague, lands on the inventory trade and begins its itemizing on Euronext Amsterdam. After the primary hours of buying and selling, the inventory rose near 30% above 32 euros per share, whereas the admission and concern worth of Csg shares had been set at 25 euros. The market capitalization stood at €25 billion, and the preliminary public providing raised a complete of €3.8 billion. This is the second itemizing on Euronext in 2026 and the largest protection IPO ever recorded on the earth, each when it comes to quantity raised and market capitalisation.

In element, the fundamental worth of the operation was roughly 3,304 million euros, consisting of the problem of 30,000,000 new shares for an quantity of 750 million euros and the sale of 102,173,914 current shares, for an quantity of roughly 2,554 million euros, by Csg Fin. Furthermore, the overallotment choice to buy shares representing in combination a most of 15% of the mixed variety of new shares and gross sales shares, i.e. a most of 19,826,086 current shares, generated an quantity of roughly €496 million. The firm bought it commitments from three vital institutional traders, Artisan Partners, some funds from BlackRock and Al-Rayyan Holding (a 100% subsidiary of Qatar Investment Authority), for a complete quantity of 900 million euros.

“Our successful listing is a testament to the hard work, dedication and ingenuity of our employees, as well as the trust our customers and partners place in us,” he commented Michal Strnad, president at CSG. «Becoming a publicly traded firm demonstrates our dedication to excessive requirements of transparency, disclosure and company governance and strengthens our capacity to spend money on innovation, develop our international presence and ship on our mission to be a long-term essential provider of superior options for protection and business to NATO member states and authorities companions around the globe. We are happy with the mixture of our Czech industrial heritage and our international manufacturing presence – he defined – and sit up for creating long-term worth for all our stakeholders within the years to return.”

CSG is a leading European defense company and a key long-term supplier to NATO Member States and partners, and is Europe’s second largest producer of medium and large caliber ammunition and the world’s largest producer of small caliber ammunition, as well as the world’s largest producer of small caliber ammunition and sells its products to government bodies and established companies in over 70 countries worldwide. Founded in the Czech Republic, the Group has a global presence with 39 manufacturing facilities based in the Czech Republic, India, Italy, Serbia, Slovakia, Spain, the United Kingdom and the United States.

In the primary 9 months of 2025, the group’s revenues reached 4.49 billion euros, a rise of 82.4% in comparison with the earlier yr. Adjusted working EBIT elevated by 77.1%, reaching 1.10 billion euros, whereas adjusted working EBITDA amounted to 1.22 billion euros, with the margin equal to 27.1%. As of September 30, 2025, the The group’s complete confirmed order guide stood at roughly €14 billionwith complete alternatives of roughly €32 billion together with the confirmed order guide and the pipeline beneath negotiation. The firm is at present aiming for a dividend payout ratio of roughly 30-40% of internet revenuepayable from 2027, topic to board approval and prevailing market circumstances.