HENSOLDT Reports Record Order Backlog and Financial Growth in H1 2025

Financial Results HENSOLDT Reports Record Order Backlog and Solid Financial Growth in H1 2025

2025-08-01 Source: Press release HENSOLDT 1 min Reading Time

Related Vendor

HENSOLDT has posted a strong financial performance for the first half of 2025, with order intake rising to €1.405 billion and revenue increasing to €944 million. The company now holds a record order backlog of over €7 billion, signalling continued momentum in the European defence sector.

Headquarters of HENSOLDT AG in Taufkirchen, Germany: The sensor technology specialist reports a record order backlog exceeding €7 billion and continued growth in revenue and earnings for the first half of 2025.(Bild: HENSOLDT) — Headquarters of HENSOLDT AG in Taufkirchen, Germany: The sensor technology specialist reports a record order backlog exceeding €7 billion and continued growth in revenue and earnings for the first half of 2025.
(Bild: HENSOLDT)

The German defence technology company HENSOLDT continues its growth trajectory amid a tense global security environment. For the first six months of 2025, the company reported an order intake of €1.405 billion, up 3% from the same period in 2024 (€1.359 billion). This increase contributed to a record order backlog of €7.070 billion, providing substantial visibility into future operations.

Revenue climbed to €944 million, a notable rise from €849 million in the previous year. Growth was supported by strong performance in the optronics segment, which offset a slower ramp-up in sensor systems, attributed in part to the ongoing commissioning of a new logistics centre. Adjusted EBITDA reached €107 million (2024: €103 million), though the margin slightly declined to 11.3% from 12.2%, reflecting temporary productivity bottlenecks.

CEO Oliver Dörre underscored the company’s strategic role amid increasing defence spending in Europe, stating: "We expect political will to translate into real industrial activity. Our growing order intake confirms that we are well positioned to meet the demand."

In the sensors business, major contracts included extensions to the Eurofighter Mk1 radar programme and additional orders for the TRML-4D radar system. The optronics division saw a significant surge in demand, with ground-based systems being the primary growth driver.

CFO Christian Ladurner highlighted the company’s transformation efforts: "Strategic investments in automation, outsourcing, and the new Oberkochen facility are paving the way for scalable growth up to 2028."

The company also reported successful refinancing activity. In July 2025, HENSOLDT raised €300 million via a promissory note loan, taking advantage of favourable market conditions and diversifying its funding base.

Outlook HENSOLDT confirmed its full-year forecast for 2025. The company expects revenues between €2.5 billion and €2.6 billion, an adjusted EBITDA margin of approximately 18%, and a book-to-bill ratio of 1.2. These projections reflect confidence in both the market outlook and the company’s operational readiness.

Subscribe to the newsletter now

Don't Miss out on Our Best Content

Business E-mail

Please enter a valid mailadress.

By clicking on „Subscribe to Newsletter“ I agree to the processing and use of my data according to the consent form (please expand for details) and accept the Terms of Use. For more information, please see our Privacy Policy. The consent declaration relates, among other things, to the sending of editorial newsletters by email and to data matching for marketing purposes with selected advertising partners (e.g., LinkedIn, Google, Meta)

Date: 08.12.2025

Naturally, we always handle your personal data responsibly. Any personal data we receive from you is processed in accordance with applicable data protection legislation. For detailed information please see our privacy policy.

Consent to the use of data for promotional purposes

I hereby consent to Vogel Communications Group GmbH & Co. KG, Max-Planck-Str. 7-9, 97082 Würzburg including any affiliated companies according to §§ 15 et seq. AktG (hereafter: Vogel Communications Group) using my e-mail address to send editorial newsletters. A list of all affiliated companies can be found here

Newsletter content may include all products and services of any companies mentioned above, including for example specialist journals and books, events and fairs as well as event-related products and services, print and digital media offers and services such as additional (editorial) newsletters, raffles, lead campaigns, market research both online and offline, specialist webportals and e-learning offers. In case my personal telephone number has also been collected, it may be used for offers of aforementioned products, for services of the companies mentioned above, and market research purposes.

Additionally, my consent also includes the processing of my email address and telephone number for data matching for marketing purposes with select advertising partners such as LinkedIn, Google, and Meta. For this, Vogel Communications Group may transmit said data in hashed form to the advertising partners who then use said data to determine whether I am also a member of the mentioned advertising partner portals. Vogel Communications Group uses this feature for the purposes of re-targeting (up-selling, cross-selling, and customer loyalty), generating so-called look-alike audiences for acquisition of new customers, and as basis for exclusion for on-going advertising campaigns. Further information can be found in section “data matching for marketing purposes”.

In case I access protected data on Internet portals of Vogel Communications Group including any affiliated companies according to §§ 15 et seq. AktG, I need to provide further data in order to register for the access to such content. In return for this free access to editorial content, my data may be used in accordance with this consent for the purposes stated here. This does not apply to data matching for marketing purposes.

Right of revocation

I understand that I can revoke my consent at will. My revocation does not change the lawfulness of data processing that was conducted based on my consent leading up to my revocation. One option to declare my revocation is to use the contact form found at https://contact.vogel.de. In case I no longer wish to receive certain newsletters, I have subscribed to, I can also click on the unsubscribe link included at the end of a newsletter. Further information regarding my right of revocation and the implementation of it as well as the consequences of my revocation can be found in the data protection declaration, section editorial newsletter.