TKMS raises forecast: Growth in Atlas and ships

It gets even better! TKMS Will Grow Even Stronger

2026-08-20 Source: dpa | Translated by AI 1 min Reading Time

The naval shipbuilder TKMS is becoming more optimistic for the current fiscal year, as reported by dpa. Here, the reasons for this assessment are explained...

The naval shipbuilder TKMS reports stronger growth than previously anticipated. Submarine construction is not necessarily the main driver of it all...(Source: TKMS) — The naval shipbuilder TKMS reports stronger growth than previously anticipated. Submarine construction is not necessarily the main driver of it all...
(Source: TKMS)

TKMS, the defence company and subsidiary of the industrial group Thyssenkrupp from Kiel (Germany), now expects strong growth, particularly in Atlas Electronics and surface ships. However, the submarine business is likely to grow only moderately. Revenue for 2025/26 (by the end of September) is now expected to increase by ten to twelve percent. Previously, TKMS had only anticipated a maximum of five percent in this regard. The adjusted margin for earnings before interest and taxes (Ebit) is expected to reach up to 6.5 percent. Previously, slightly over six percent had been projected.

TKMS order backlog stands at 20 billion

In the first nine months, TKMS revenue increased by 19 percent (to nearly 1.9 billion euros, approx. 2.2 billion USD), according to the report. Adjusted Ebit rose from 98 million to 110 million euros (approx. 115 million to 130 million USD). Among other factors, higher administrative costs reduced the corresponding margin by 0.3 percentage points to 5.8 percent. The analysts once again guessed wrong, as the numbers exceeded expectations. However, order intake declined significantly—from 8.6 billion to 3.6 billion euros (approx. 10 to 4 billion USD). However, TKMS had benefited from two large orders in the previous year. The order backlog now stands at around 20 billion euros (approx. 23 million USD).

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.