-+ 0.00%
-+ 0.00%
-+ 0.00%

German Shipbuilder TKMS Raises FY26 Guidance, Affirms Mid-term Outlook

MT Newswires·08/12/2026 01:23:38
Listen to the news
01:23 AM EDT, 08/12/2026 (MT Newswires) -- TKMS (TKMS.F) increased its guidance for fiscal 2026, including expectations for sales growth, according to a Wednesday release. The German shipbuilder now expects sales for the fiscal year to grow in the 10% to 12% range year over year, compared with the previous guidance range of 2% to 5%. The company also affirmed its medium-term outlook of sustained sales growth at an average annual growth rate of 10%.