Thyssenkrupp's defence unit TKMS to pay first dividend in 2027

RENK AG

30/09/2025 07:47

FRANKFURT, Sept 30 (Reuters) - TKMS, the defence division to be spun off by German conglomerate Thyssenkrupp TKAG.DE, targets a payout ratio of 30 to 50% percent of net profit and wants to distribute its first dividend to shareholders in 2027, according to presentation slides.

TKMS, which is scheduled to hold a capital markets day on Tuesday ahead of a separate listing planned this autumn, also plans to raise its operating profit margin to more than 7% in the medium term, compared with 4.3% in the 2023/24 fiscal year.

 (Reporting by Christoph Steitz, Editing by Miranda Murray)

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