A view of Amsterdam’s stock exchange, as Ammunition and arms maker Czechoslovak Group (CSG), owned by Czech billionaire Michal Strnad, made its trading debut at Euronext Amsterdam, in Amsterdam, Netherlands, January 23, 2026. REUTERS
Aug 7 (Reuters) – Czech-based defence firm CSG reported half-year revenue above market expectations on Friday, driven by strong demand for ammunition and a ramp-up in its land systems business.
The company’s revenue came in at €3.3 billion ($3.8 billion), a beat to the €3.14 billion expected by analysts in a company-compiled consensus.
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Its core Defence Systems arm, which spans ammunition and armoured vehicles, grew 27%.
