CSG Investors Portal
This section provides access to all essential company information and investor materials.

CSG is one of the fastest-growing defence companies in the world
Revenues increased by €2,026,427 thousand or 82.4%, to €4,485,337 thousand for the nine months ended September 30, 2025,. The year-on-year growth was mainly driven by strong demand across all major product lines, particularly medium and large calibre ammunition, reflecting both the elevated geopolitical environment and the Group’s expanded production and delivery capabilities. A significant portion of the existing backlog was also converted into revenue during the nine month period.
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A Market Leader
CSG is a leading European defence group, recognised as the second largest producer of medium- and large-calibre ammunition in Europe and the largest global producer of small-calibre ammunition by sales. The Group has rapidly expanded its scale and capabilities through significant organic growth and strategic acquisitions, establishing itself as a diversified manufacturer with a strong international presence.
Earnings Visibility
CSG benefits from strong revenue visibility, supported by a substantial order backlog and long-term contracts with government and institutional customers. The Group’s position as a critical supplier to NATO and allied governments is reinforced by multi-year agreements, providing robust forward earnings certainty.
Vertical Integration
The Group is highly vertically integrated, controlling key stages of its supply chain for both ammunition and defence systems. In-house production of critical components and strategic investments in raw materials and manufacturing ensure supply security, operational efficiency, and margin enhancement.
Diversified Portfolio
CSG operates a diversified business model across defence systems, ammunition, and related technologies, serving both government and civil markets. This balanced portfolio reduces risk and provides resilience, enabling the Group to capture opportunities across multiple sectors and geographies.
Robust Financial Performance
The Group demonstrates strong financial performance, with consistent growth in revenues, profitability, and cash generation. Operational excellence, disciplined capital allocation, and a prudent approach to leverage underpin CSG’s financial stability and support ongoing investment.
Global Presence
CSG has an extensive global footprint, supplying products to customers in over 70 countries and maintaining manufacturing sites across Europe and North America. Its broad customer base, including NATO and allied governments, underpins strong export potential and positions the Group to benefit from rising global defence spending.
Investment Case & Portfolio
Learn more about our equity story and the businesses our Group operates across 3 continents.
Bonds & Shares
Learn more about our current share price, shareholder structure and bond offers.
Results and Reports
Read or download all current and historical financial reports and investor presentations.
ESG & Responsible Defense
We have crafted a cohesive sustainability strategy at the top level, encapsulating a suite of eight strategic objectives and sixteen targeted activities. This robust framework is designed not only to mitigate environmental impacts but also augment quality of life for the Group’s employees and the wider community that we engage with.

Key Investment Dates

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