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Strong Q3 growth and backlog, but FY2026 guidance cut for customer-related timing delays.

Sales to reach ~€50bn by 2030, driven by defense demand, digitalization, and capacity expansion.

Q2 sales up 69% YoY, backlog over EUR 80bn, guidance intact despite F126 loss.

Q2 growth remains robust amid defense budget increases and F126 program cancellation.

Targeting €50bn sales by 2030, driven by defense demand, innovation, and strong order backlog.

Q1 sales rose 8%, backlog hit EUR 73B, and deferred deliveries set up a strong Q2.

Targeting €50bn sales and >20% margin by 2030, driven by defense demand and innovation.

Record defense orders and robust margins drive strong growth and liquidity outlook.

Backlog surged to EUR 64 billion as sales and margins hit record highs, with strong growth ahead.

Targeting €50 billion sales by 2030 with 25%-40% annual growth and strong defense demand.

Defense sales and backlog surged, with strong margins and major contract opportunities ahead.

Strategic M&A and strong Q4 order expectations drive transition to pure defense focus.

Acquisition enables entry into the naval sector, boosting growth and defense capabilities.

Strong Q2 growth and backlog, with defense sales and margins set to accelerate in H2 2025.