Czech arms group CSG posts 82% rise in nine-month revenue

Reuters

2025/11/18

Czech arms group <a href="https://laohu8.com/S/CSV.AU">CSG</a> posts 82% rise in nine-month revenue

PRAGUE, Nov 18 (Reuters) - Czech ammunition and arms maker Czechoslovak Group (CSG) reported on Tuesday an 82.4% year-on-year rise in revenue for the first three quarters of 2025, continuing fast growth led by the war in Ukraine, rising defence spending in Europe, and an acquisition drive.

CSG, owned by 33-year old entrepreneur Michal Strnad, said revenue reached 4.49 billion euros ($5.20 billion), while earning before interest and tax $(EBIT)$ rose 77.1% to 1.10 billion euros.

Adjusted operating profit before depreciation and amortisation (EBITDA) reached 1.22 billion euros, it said.

The company has been considering an initial public offering to continue its rapid organic and acquisition growth.

CSG is among the top European makers of artillery and other large-calibre ammunition and among leading global makers of small-calibre ammunition for handguns after its $2.2 billion acquisition of U.S.-based Kinetic Group last year.

($1 = 0.8631 euros)

(Reporting by Jan LopatkaEditing by Jason Hovet)

((jan.lopatka@thomsonreuters.com; +420 234 721 614; Reuters Messaging: jan.lopatka.thomsonreuters.com@reuters.net))

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CSG, owned by 33-year old entrepreneur Michal Strnad, said revenue reached 4.49 billion euros ($5.20 billion), while earning before interest and tax $(EBIT)$ rose 77.1% to 1.10 billion euros.Adjusted operating profit before depreciation and amortisation (EBITDA) reached 1.22 billion euros, it said.The company has been considering an initial public offering to continue its rapid organic and acquisition growth.   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