German defense electronics company Hensoldt announced record order intake of €4.71 billion for fiscal year 2025, marking a 62% increase from the prior year. The company's revenue grew 9.6% to €2.455 billion while adjusted EBITDA reached €452 million with an 18.4% margin, exceeding its forecast of 18% or higher.

Despite the strong annual performance, fourth-quarter results came in 4% below analyst consensus, primarily due to the Sensors segment underperforming expectations by 5%. The company's 2026 guidance midpoint sits approximately 2% below consensus estimates, with projected revenue of €2.75 billion and an adjusted EBITDA margin of 18.5% to 19%.

CEO Oliver Dörre attributed the order momentum to Europe's renewed focus on defense capabilities amid geopolitical tensions, noting Germany's key role in driving demand. The company proposed a dividend of €0.55 per share, up from €0.50 but below analyst expectations of €0.61 due to higher finance charges and taxes.