CSG shares rise on 'solid' H1 results

CSG NV

07/08/2026 08:22

** Shares in CSG CSG.AS rise 2.2%, paring gains after rising as much as 3.9%, after the Czech-based defence group posted higher H1 revenue than expected, driven by strong ammunition demand 
** The company reported H1 revenue of €3.3 billion ($3.80 billion), beating the €3.14 billion expected by analysts
** J.P. Morgan says it finds CSG to be trading at a significant discount to its closest peer Rheinmetall RHMG.DE
** It adds it is the third "solid set of results" since CSG's IPO on Jan. 23
** Co reiterated its full-year and mid-term guidance
** Up to the previous session's close, shares were down 41.5% since its IPO 
($1 = 0.8681 euros)

 (Reporting by Hugo Lhomedet)
 ((hugo.lhomedet@thomsonreuters.com))