TKMS jumps in early trade after another outlook hike

TKMS AG & Co KgaA

12/08/2026 07:24

** Shares in TKMS are up 4% in early Frankfurt trade after it raised its FY outlook for the second time this year, following better-than-expected 9-month sales
** The German warship builder now expects FY sales to grow by 10-12% (prev.: 2-5%), with adjusted FY EBIT margin of up to 6.5% (prev.: 6%)
** TKMS reports 9-month sales up 19% y/y to €1.89 billion ($2.18 billion), above the €1.79 billion seen in company-provided poll
** "Strong sales and margin outlook confirm growth story," a local trader says
** The stock is up around 30% YTD
($1 = 0.8670 euros)

(Reporting by Emanuele Berro)
((emanuele.berro@thomsonreuters.com))