Tkms rises in Frankfurt after 2025 accounts, cautious profit forecast for 2026
The German company ended the year with sales up by 9% to EUR 2.17 billion, while net profit rose to EUR 108 million
(Il Sole 24 Ore Radiocor) - Tkms in the limelight on the Frankfurt Stock Exchange after growing numbers on sales and profits in fiscal year 2025 as Europe intensifies its purchase of submarines and warships. Fuelling the buying are the company's first financial results after its demerger from the Thyssenkrupp industrial group and its IPO. In detail, for the fiscal year ended 30 September, sales grew 9% year-on-year to EUR 2.17 billion, while net profit rose to EUR 108 million from EUR 88 million in 2024. Adjusted Ebit increased 53% to EUR 131 million with an adjusted Ebit margin of 6%. The company's order book jumped 55% to 18.23 billion. During the fiscal year 2025, Tkms recorded the construction of four submarines for the German Navy, the largest order in its history.
"The key figures underline the strengthened market position" and "provide a solid basis for further growth," Tkms CEO Oliver Burkhard emphasised in a note. "Thanks to our long-term business model and a solid order book, Tkms is resilient to economic and political changes, the CEO said further, emphasising that the company has 'great potential for future business'. However, the group gave a rather cautious profit forecast for 2026, emphasising its dependence on large individual orders and payment schedules that sometimes extend over several years. The company estimates an adjusted operating profit of between EUR 100 million and EUR 150 million for 2026, compared to EUR 131 million generated in 2025. The company confirmed its medium-term forecast, continues to expect an adjusted Ebit margin of at least 7 per cent in the medium term, and is targeting an average annual sales growth rate of 10 per cent.
