Eastern European arms maker CSG reported a first‑quarter performance driven by surging demand for ammunition and defence kits. Revenue climbed 14% to 1.54 billion euros, while earnings before interest and tax rose 8.7% to 372 million euros. The Prague‑based firm credited a wave of orders from Ukraine and broader European stock‑pile replenishment. The uplift nudged net‑profit margins up one percentage point, easing investor concerns after year's slowdown.

Ukraine’s need for longer‑range munitions has sharpened CSG’s margin profile, as only a handful of European producers can supply the specialised rounds. Extended‑range ammunition now attracts customers beyond the conflict zone, expanding the firm’s export base. Simultaneously, NATO members are tightening multiyear framework deals, bolstering steady equipment sales across the continent. These deals, worth hundreds of millions, guarantee recurring supply.

The earnings surge underscores how Europe’s defence budget lifts are translating into tangible revenue for regional suppliers. With stock‑pile upgrades and heightened demand for high‑precision ammo, CSG appears positioned to capture further market share, reinforcing its role as a key NATO‑aligned ammunition source. Shares rose 4% in early trading, reflecting market confidence in the firm’s growth trajectory.