Hensoldt stock faces capital markets day after strong 9M results
Published on 11/07/2026 at 11:39 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSStrong results set up investor focus
- HENSOLDT lifted its 2026 revenue and adjusted EBITDA margin outlook after a strong first nine months.
- Order intake and the backlog reached record levels, improving visibility into future deliveries.
- The company is due to hold its Capital Markets Day in London on November 10.
HENSOLDT reported a strong first nine months on Thursday, November 5, and raised parts of its 2026 outlook. The company said order intake, revenue and adjusted profitability all advanced, while its backlog reached a record level. The figures were published in a HENSOLDT corporate release.
Orders strengthen the growth outlook
For the first nine months of 2026, order intake rose 76.7% to 3,564 million euros. The order backlog reached 10,367 million euros, up 46.1% from the year-earlier period. Revenue increased 21.3% to 1,863 million euros, while adjusted EBITDA rose 33.0% to 281 million euros.
The adjusted EBITDA margin improved to 15.1% from 13.7%. HENSOLDT attributed the improvement mainly to higher revenue volume in its core business and disciplined cost management. The company said deliveries and customer acceptances are concentrated in the fourth quarter, which typically makes the full-year margin higher than the nine-month figure.
Guidance moves higher for 2026
HENSOLDT now expects 2026 revenue of around 2,800 million euros, compared with around 2,750 million euros previously. It also refined its adjusted EBITDA margin outlook to around 19.0%, from a previous range of 18.5% to 19.0%. The company expects the book-to-bill ratio at the upper end of its earlier range of around 1.5x to 2.0x, even if the PEGASUS contract is awarded only in early 2027.
Hensoldt stock traded at 77.92 euros on Lang & Schwarz at 11:35 CET on Saturday, November 7; see the real-time quote of Hensoldt stock.
HENSOLDT AG at a glance
- Company: HENSOLDT AG
- ISIN: DE000HAG0005
- WKN: HAG000
- Current quote: 77.92 euros on Lang & Schwarz, November 7, 2026, 11:35 CET
- Indices: MDAX, TecDAX
- Sector: Defense and security technology
Capital Markets Day is next
HENSOLDT is scheduled to hold its Capital Markets Day in London on Tuesday, November 10. Investors are likely to focus on the company’s capacity expansion, order execution and medium-term growth priorities after the latest guidance update.
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