CSG Expects Sales to Soar as World Spends More on Weapons
CSG has seen the biggest demand for weapons since the end of the Cold War.
Photographer: Milan Jaros/BloombergCSG NV said it expects sales to top last year’s record as heightened geopolitical tensions spur demand for ammunitions and armaments.
Revenue may climb to as much as €7.6 billion ($8.8 billion) in 2026 after surging 72% to €6.74 billion last year, the company said Thursday, in its first earnings release since going public in January. CSG said it has a €15 billion backlog, an indication of continuing demand.