Upcoming Dividend • May 21
Upcoming dividend of €0.55 per share Eligible shareholders must have bought the stock before 25 May 2026. Payment date: 27 May 2026. Payout ratio is a comfortable 64% and this is well supported by cash flows. Trailing yield: 0.6%. Lower than top quartile of German dividend payers (4.5%). Lower than average of industry peers (0.9%). Announcement • Apr 09
Hensoldt AG, Annual General Meeting, May 22, 2026 Hensoldt AG, Annual General Meeting, May 22, 2026, at 10:00 W. Europe Standard Time. Announcement • Jan 30
Hensoldt Ag Announces Executive Changes HENSOLDT AG has appointed Inka Tews (55) as Chief Human Resources Officer (CHRO) with effect from May 1, 2026. She will be responsible for the global HR organisation, facility management, including corporate security, and sustainability. Tews succeeds Lars Immisch, who is leaving the company at the end of March 2026 for health reasons. Inka Tews has over 25 years of experience in human resources management at international technology companies. Most recently, she was Senior Vice President Human Resources, heading up global HR departments with a focus on business partnering at Infineon Technologies. There, she played a key role in shaping personnel structures for global growth and transformation phases. Her career also includes several years of management experience in North America and in-depth expertise in organisational development and post-merger integration. At the same time, the company bids farewell to Lars Immisch, who stepped down from the Executive Board at the turn of 2025/26. Announcement • Dec 22
Hensoldt AG to Report Q1, 2026 Results on May 06, 2026 Hensoldt AG announced that they will report Q1, 2026 results on May 06, 2026 Announcement • Dec 12
Henoldt, Lufthansa Technik Defense and Bombardier Defense Announce First Aircraft Lands in Germany HENSOLDT, Lufthansa Technik Defense and Bombardier Defense have reached another key milestone in the PEGASUS (Persistent German Airborne Surveillance System) programme: the first aircraft has successfully arrived in Germany. Following its transatlantic flight from Bombardier's facility in Wichita, Kansas, the aircraft has landed at Lufthansa Technek's headquarters in Hamburg last week, where the next major phase of the programme will now begin. Led by national electromagnetic warfare champion HENSOLDT and employing the extensive special mission aircraft capabilities of Lufthansa TechnIK, the German MRO (Maintenance, Repair and Overhaul) specialist, and of Bombardier, the Canadian aircraft manufacturer, the PEGASUS programme will provide the German Armed Forces (Bundeswehr) with a airborne signals intelligence (SIGINT) capability. The arrival of the first aircraft marks the transition from platform design and development in the United States to the mission system integration and certification phase in Germany. HENSOLDT acts as general contractor and holds overall responsibility for the realisation of the PEGASUS weapon system itself as well as the ground station, training facility and data analysis capabilities. Lufthansa Technika Defense serves as prime subcontractor, procuring and modifying the aircraft and integrating the reconnaissance system developed by HENSOLDT. Bombardier Defense provides the high-performance Global 6000 platform and supports the programme with its engineering and flight-testing expertise. Announcement • Nov 08
Hensoldt AG to Report Fiscal Year 2025 Final Results on Mar 26, 2026 Hensoldt AG announced that they will report fiscal year 2025 final results on Mar 26, 2026 Announcement • Nov 07
Hensoldt AG to Report Fiscal Year 2025 Results on Feb 26, 2026 Hensoldt AG announced that they will report fiscal year 2025 results on Feb 26, 2026 Announcement • May 29
Hensoldt AG Approves Dividend HENSOLDT AG successfully held its Annual General Meeting on 27 May 2025. The shareholders approved the proposed appropriation of net profit, including the distribution of a dividend of €0.50 per dividend-bearing share. Announcement • Apr 10
Hensoldt AG, Annual General Meeting, May 27, 2025 Hensoldt AG, Annual General Meeting, May 27, 2025, at 10:00 W. Europe Standard Time. Announcement • Feb 28
Hensoldt AG announces Annual dividend, payable on May 30, 2025 Hensoldt AG announced Annual dividend of EUR 0.5000 per share payable on May 30, 2025, ex-date on May 28, 2025 and record date on May 29, 2025. Announcement • Dec 10
Hensoldt AG to Report Fiscal Year 2024 Final Results on Mar 27, 2025 Hensoldt AG announced that they will report fiscal year 2024 final results on Mar 27, 2025 Reported Earnings • Nov 07
Third quarter 2024 earnings: EPS and revenues miss analyst expectations Third quarter 2024 results: €0.20 loss per share (down from €0.15 profit in 3Q 2023). Revenue: €528.0m (up 29% from 3Q 2023). Net loss: €21.0m (down 262% from profit in 3Q 2023). Revenue missed analyst estimates by 1.4%. Earnings per share (EPS) were also behind analyst expectations. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Aerospace & Defense industry in Germany. Over the last 3 years on average, earnings per share has fallen by 13% per year but the company’s share price has increased by 33% per year, which means it is well ahead of earnings. Announcement • Nov 06
Hensoldt AG to Report Fiscal Year 2024 Results on Feb 27, 2025 Hensoldt AG announced that they will report fiscal year 2024 results on Feb 27, 2025 Reported Earnings • Jul 28
Second quarter 2024 earnings: Revenues exceed analysts expectations while EPS lags behind Second quarter 2024 results: €0.081 loss per share (down from €0.028 profit in 2Q 2023). Revenue: €520.0m (up 34% from 2Q 2023). Net loss: €10.0m (down 433% from profit in 2Q 2023). Revenue exceeded analyst estimates by 2.8%. Earnings per share (EPS) missed analyst estimates. Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 16% growth forecast for the Aerospace & Defense industry in Germany. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has increased by 32% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Jul 12
Hensoldt AG Announces Resignation of Celia Pelaz as Member of the Management Board At the End of August 31, 2024 Hensoldt AG announced that Celia Pelaz will resign from her position as a member of the Management Board of the company at the end of August 31, 2024 and leave the company. Celia Pelaz has been a member of the Management Board of Hensoldt since July 1, 2021, initially as Chief Strategy Officer and since April 1, 2024 as Chief Operating Officer. Upcoming Dividend • May 13
Upcoming dividend of €0.40 per share Eligible shareholders must have bought the stock before 20 May 2024. Payment date: 22 May 2024. Payout ratio is on the higher end at 79%, however this is supported by cash flows. Trailing yield: 1.0%. Lower than top quartile of German dividend payers (4.6%). In line with average of industry peers (1.0%). Reported Earnings • May 07
First quarter 2024 earnings released: €0.13 loss per share (vs €0.19 loss in 1Q 2023) First quarter 2024 results: €0.13 loss per share (improved from €0.19 loss in 1Q 2023). Revenue: €329.0m (down 2.7% from 1Q 2023). Net loss: €15.0m (loss narrowed 25% from 1Q 2023). Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 16% growth forecast for the Aerospace & Defense industry in Germany. Over the last 3 years on average, earnings per share has increased by 38% per year and the company’s share price has also increased by 38% per year. Price Target Changed • Apr 05
Price target increased by 9.2% to €35.52 Up from €32.52, the current price target is an average from 6 analysts. New target price is 19% below last closing price of €43.84. Stock is up 29% over the past year. The company is forecast to post earnings per share of €1.05 for next year compared to €0.51 last year. Announcement • Apr 04
Hensoldt AG (XTRA:5UH) completed the acquisition of ESG Elektroniksystem- und Logistik-GmbH from an investment vehicle managed by Armira Beteiligungen GmbH & Co. KG. Hensoldt AG (XTRA:5UH) signed a definitive agreement to acquire ESG Elektroniksystem- und Logistik-GmbH from an investment vehicle managed by Armira Beteiligungen GmbH & Co. KG for an enterprise value of €675 million on December 5, 2023. HENSOLDT is acquiring 100% of ESG for an enterprise value of €675 million plus an earn-out of up to €55 million based on specific performance targets to December 31, 2024. HENSOLDT intends to finance the acquisition through a capital increase from authorized capital of up to 10% of the current share capital and new debt in the amount of approximately €450 million. The Federal Republic of Germany, indirectly acting through Kreditanstalt für Wiederaufbau (KfW), holding 25.1% of the shares in HENSOLDT, intends to participate in the potential capital increase pro rata to its shareholding quota. The transaction has full support of HENSOLDTs two key shareholders the Federal Republic of Germany and Leonardo S.p.A. The acquisition is expected to be completed in H1 2024, subject to certain conditions, including obtaining necessary regulatory approvals. As of February 8, 2024, the Bundeskartellamt, a German Regulator has approved the takeover by Hensoldt. Management Board and Supervisory Board of HENSOLDT have unanimously approved the acquisition.
HENSOLDT is advised by Deutsche Bank AG as financial advisor and Gleiss Lutz and Hengeler Mueller as legal advisor. Thomas Ingenhoven, Thomas Kleinheisterkamp, Thomas Möller and Tristram Gargent of Milbank LLP acted as legal advisor to Hensoldt and advised on the financing of the acquisition of ESG. Ernst & Young Gmbh WirtschaftsprÜFungsgesellschaft acted as financial advisor and due diligence provider to Armira Partners GmbH & Co KG. Ralf Morshäuser, Patrick Mossler, Vanessa Rendtorff, Stefan Mayer, Marcus Reischl, Andreas Neun, Jacob von Andreae, Eva Koch, Matthias Werner, Steffen Krieger and Manuel Klar of Gleiss Lutz acted as legal advisor to Hensoldt AG.
Hensoldt AG (XTRA:5UH) completed the acquisition of ESG Elektroniksystem- und Logistik-GmbH from an investment vehicle managed by Armira Beteiligungen GmbH & Co. KG on April 3, 2024. Price Target Changed • Mar 26
Price target increased by 7.3% to €34.18 Up from €31.85, the current price target is an average from 6 analysts. New target price is 18% below last closing price of €41.86. Stock is up 22% over the past year. The company is forecast to post earnings per share of €1.13 for next year compared to €0.51 last year. New Risk • Mar 26
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 6.8% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (6.8% average weekly change). Profit margins are more than 30% lower than last year (2.9% net profit margin). Shareholders have been diluted in the past year (10.0% increase in shares outstanding). Announcement • Mar 25
Hensoldt AG to Report Q3, 2024 Results on Nov 06, 2024 Hensoldt AG announced that they will report Q3, 2024 results on Nov 06, 2024 Announcement • Mar 24
Hensoldt AG, Annual General Meeting, May 17, 2024 Hensoldt AG, Annual General Meeting, May 17, 2024. Reported Earnings • Mar 24
Full year 2023 earnings released: EPS: €0.51 (vs €0.74 in FY 2022) Full year 2023 results: EPS: €0.51 (down from €0.74 in FY 2022). Revenue: €1.85b (up 8.2% from FY 2022). Net income: €54.0m (down 31% from FY 2022). Profit margin: 2.9% (down from 4.6% in FY 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 16% growth forecast for the Aerospace & Defense industry in Germany. Over the last 3 years on average, earnings per share has increased by 65% per year but the company’s share price has only increased by 43% per year, which means it is significantly lagging earnings growth. Price Target Changed • Feb 27
Price target increased by 7.4% to €31.85 Up from €29.67, the current price target is an average from 6 analysts. New target price is 5.3% below last closing price of €33.62. Stock is up 8.3% over the past year. The company is forecast to post earnings per share of €0.99 for next year compared to €0.74 last year. Declared Dividend • Feb 26
Dividend increased to €0.40 Dividend of €0.40 is 33% higher than last year. Ex-date: 20th May 2024 Payment date: 22nd May 2024 Dividend yield will be 1.3%, which is about the same as the industry average. Sustainability & Growth Dividend is covered by both earnings (35% earnings payout ratio) and cash flows (72% cash payout ratio). The dividend has increased by an average of 32% per year over the past 3 years and payments have been stable during that time. EPS is expected to grow by 75% over the next 2 years, which should provide support to the dividend and adequate earnings cover. Announcement • Feb 23
Hensoldt AG to Report Q1, 2024 Results on May 07, 2024 Hensoldt AG announced that they will report Q1, 2024 results on May 07, 2024 Valuation Update With 7 Day Price Move • Feb 14
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to €35.36, the stock trades at a forward P/E ratio of 27x. Average forward P/E is 19x in the Aerospace & Defense industry in Germany. Total returns to shareholders of 167% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €37.10 per share. Buying Opportunity • Jan 08
Now 22% undervalued after recent price drop Over the last 90 days, the stock is down 7.9%. The fair value is estimated to be €32.02, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 16% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 32% in 2 years. Earnings is forecast to grow by 161% in the next 2 years. New Risk • Dec 14
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 10.0% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (20% operating cash flow to total debt). Minor Risks Share price has been volatile over the past 3 months (7.0% average weekly change). Shareholders have been diluted in the past year (10.0% increase in shares outstanding). New Risk • Dec 07
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 6.6% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (20% operating cash flow to total debt). Minor Risk Share price has been volatile over the past 3 months (6.6% average weekly change). Announcement • Dec 06
Hensoldt AG (XTRA:5UH) signed a definitive agreement to acquire ESG Elektroniksystem- und Logistik-GmbH from an investment vehicle managed by Armira Beteiligungen GmbH & Co. KG. Hensoldt AG (XTRA:5UH) signed a definitive agreement to acquire ESG Elektroniksystem- und Logistik-GmbH from an investment vehicle managed by Armira Beteiligungen GmbH & Co. KG on December 5, 2023. HENSOLDT is acquiring 100% of ESG for an enterprise value of EUR 675 million plus an earn-out of up to EUR 55 million based on specific performance targets to 31 December 2024. HENSOLDT intends to finance the acquisition through a capital increase from authorized capital of up to 10% of the current share capital and new debt in the amount of approximately EUR 450 million. The Federal Republic of Germany, indirectly acting through Kreditanstalt für Wiederaufbau (KfW), holding 25.1% of the shares in HENSOLDT, intends to participate in the potential capital increase pro rata to its shareholding quota. The transaction has full support of HENSOLDTs two key shareholders the Federal Republic of Germany and Leonardo S.p.A. The acquisition is expected to be completed in H1 2024, subject to certain conditions, including obtaining necessary regulatory approvals. HENSOLDT is advised by Deutsche Bank AG as financial advisor and Gleiss Lutz and Hengeler Mueller as legal advisor. Announcement • Nov 17
Hensoldt in Talks to Buy ESG Hensoldt AG (XTRA:5UH) said on November 13, 2023 that it is in exclusive discussions to acquire ESG Elektroniksystem- und Logistik-GmbH, seeking to strengthen its key technologies through the potential deal. While there are issues that still need to be clarified, the talks are expected to conclude by the beginning of December. The potential transaction would be “an important step for Hensoldt towards becoming a European provider of seamlessly integrated solutions”. Reported Earnings • Nov 10
Third quarter 2023 earnings: EPS and revenues miss analyst expectations Third quarter 2023 results: EPS: €0.15. Revenue: €410.0m (down 1.9% from 3Q 2022). Net income: €13.0m (down 19% from 3Q 2022). Profit margin: 3.2% (down from 3.8% in 3Q 2022). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 6.9%. Earnings per share (EPS) also missed analyst estimates by 36%. Revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Aerospace & Defense industry in Germany. Announcement • Nov 08
Hensoldt AG to Report Nine Months, 2023 Results on Nov 09, 2023 Hensoldt AG announced that they will report nine months, 2023 results on Nov 09, 2023 Valuation Update With 7 Day Price Move • Oct 13
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to €28.30, the stock trades at a forward P/E ratio of 23x. Average forward P/E is 17x in the Aerospace & Defense industry in Germany. Total returns to shareholders of 176% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €53.13 per share. Reported Earnings • Jul 29
Second quarter 2023 earnings released Second quarter 2023 results: EPS: €0.028. Revenue: €388.0m (down 2.0% from 2Q 2022). Net income: €3.00m (up €3.00m from 2Q 2022). Profit margin: 0.8% (up from 0% in 2Q 2022). The increase in margin was driven by lower expenses. Revenue is forecast to grow 9.8% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Aerospace & Defense industry in Germany. Upcoming Dividend • May 08
Upcoming dividend of €0.30 per share at 1.0% yield Eligible shareholders must have bought the stock before 15 May 2023. Payment date: 17 May 2023. Payout ratio is a comfortable 40% and this is well supported by cash flows. Trailing yield: 1.0%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (1.4%). Buying Opportunity • Apr 26
Now 20% undervalued Over the last 90 days, the stock is up 34%. The fair value is estimated to be €44.32, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 17% over the last 3 years. Earnings per share has grown by 100%. For the next 3 years, revenue is forecast to grow by 9.3% per annum. Earnings is also forecast to grow by 22% per annum over the same time period. Price Target Changed • Apr 19
Price target increased by 8.8% to €32.97 Up from €30.30, the current price target is an average from 4 analysts. New target price is 10% below last closing price of €36.70. Stock is up 40% over the past year. The company is forecast to post earnings per share of €1.13 for next year compared to €0.74 last year. Buying Opportunity • Mar 18
Now 21% undervalued Over the last 90 days, the stock is up 47%. The fair value is estimated to be €41.96, however this is not to be taken as a buy recommendation but rather should be used as a guide only. For the next 3 years, revenue is forecast to grow by 9.3% per annum. Earnings is also forecast to grow by 27% per annum over the same time period. Reported Earnings • Feb 27
Full year 2022 earnings released Full year 2022 results: Revenue: €1.71b (up 16% from FY 2021). Net income: €78.0m (up 24% from FY 2021). Profit margin: 4.6% (up from 4.3% in FY 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 9.3% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Aerospace & Defense industry in Germany. Price Target Changed • Feb 24
Price target increased by 9.4% to €30.30 Up from €27.70, the current price target is provided by 1 analyst. New target price is approximately in line with last closing price of €29.75. Stock is up 97% over the past year. The company is forecast to post earnings per share of €0.96 for next year compared to €0.60 last year. Announcement • Dec 20
Hensoldt AG, Annual General Meeting, May 12, 2023 Hensoldt AG, Annual General Meeting, May 12, 2023. Reported Earnings • Nov 16
Third quarter 2022 earnings released Third quarter 2022 results: Revenue: €418.0m (up 15% from 3Q 2021). Net income: €16.0m (up 17% from 3Q 2021). Profit margin: 3.8% (in line with 3Q 2021). Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Aerospace & Defense industry in Germany. Reported Earnings • Nov 12
Third quarter 2022 earnings released Third quarter 2022 results: Revenue: €418.0m (up 15% from 3Q 2021). Net income: €16.0m (up 17% from 3Q 2021). Profit margin: 3.8% (in line with 3Q 2021). Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Aerospace & Defense industry in Germany. Reported Earnings • Aug 05
Second quarter 2022 earnings released Second quarter 2022 results: Revenue: €396.0m (up 43% from 2Q 2021). Net income: €0 (up €5.50m from 2Q 2021). Profit margin: 0% (up from net loss in 2Q 2021). The move to profitability was driven by higher revenue. Over the next year, revenue is forecast to grow 13%, compared to a 26% growth forecast for the industry in Germany. Upcoming Dividend • May 09
Upcoming dividend of €0.25 per share Eligible shareholders must have bought the stock before 16 May 2022. Payment date: 18 May 2022. Payout ratio is a comfortable 38% and this is well supported by cash flows. Trailing yield: 1.0%. Lower than top quartile of German dividend payers (4.2%). Lower than average of industry peers (1.3%). Reported Earnings • May 06
First quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behind First quarter 2022 results: €0.15 loss per share (up from €0.21 loss in 1Q 2021). Revenue: €286.0m (up 37% from 1Q 2021). Net loss: €16.0m (loss narrowed 26% from 1Q 2021). Revenue exceeded analyst estimates by 11%. Earnings per share (EPS) missed analyst estimates. Over the next year, revenue is forecast to grow 19%, compared to a 30% growth forecast for the industry in Germany. Price Target Changed • Apr 27
Price target increased to €29.30 Up from €27.20, the current price target is an average from 6 analysts. New target price is 17% above last closing price of €24.95. Stock is up 69% over the past year. The company is forecast to post earnings per share of €1.02 for next year compared to €0.60 last year. Price Target Changed • Apr 07
Price target increased to €27.20 Up from €24.78, the current price target is an average from 6 analysts. New target price is 11% above last closing price of €24.55. Stock is up 81% over the past year. The company is forecast to post earnings per share of €0.99 for next year compared to €0.60 last year. Valuation Update With 7 Day Price Move • Mar 24
Investor sentiment improved over the past week After last week's 21% share price gain to €27.80, the stock trades at a forward P/E ratio of 28x. Average forward P/E is 21x in the Aerospace & Defense industry in Germany. Total returns to shareholders of 119% over the past year. Valuation Update With 7 Day Price Move • Mar 02
Investor sentiment improved over the past week After last week's 103% share price gain to €26.05, the stock trades at a forward P/E ratio of 26x. Average forward P/E is 21x in the Aerospace & Defense industry in Germany. Total returns to shareholders of 87% over the past year. Simply Wall St's valuation model estimates the intrinsic value at €37.48 per share. Price Target Changed • Feb 28
Price target increased to €18.32 Up from €16.62, the current price target is an average from 4 analysts. New target price is 21% above last closing price of €15.12. Stock is up 8.7% over the past year. Reported Earnings • Feb 25
Full year 2021 earnings: Revenues miss analyst expectations Full year 2021 results: Revenue: €1.47b (up 22% from FY 2020). Net income: €62.7m (up €127.9m from FY 2020). Profit margin: 4.3% (up from net loss in FY 2020). The move to profitability was driven by higher revenue. Revenue missed analyst estimates by 2.2%. Over the next year, revenue is forecast to grow 14%, compared to a 19% growth forecast for the industry in Germany. Price Target Changed • Jan 26
Price target decreased to €16.65 Down from €17.95, the current price target is an average from 3 analysts. New target price is 41% above last closing price of €11.80. Stock is down 19% over the past year. The company posted a net loss per share of €0.75 last year. Announcement • Dec 23
Hensoldt AG(XTRA:5UH) dropped from Germany SDAX (Total Return) Index Hensoldt AG has been removed from Germany SDAX (Total Return) Index . Reported Earnings • Nov 11
Third quarter 2021 earnings released: EPS €0.14 (vs €0.36 loss in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: €363.6m (up 34% from 3Q 2020). Net income: €13.7m (up €42.9m from 3Q 2020). Profit margin: 3.8% (up from net loss in 3Q 2020). The move to profitability was driven by higher revenue. Reported Earnings • Aug 05
Second quarter 2021 earnings released: €0.052 loss per share (vs €0.24 loss in 2Q 2020) The company reported a solid second quarter result with reduced losses, improved revenues and improved control over expenses. Second quarter 2021 results: Revenue: €277.4m (up 14% from 2Q 2020). Net loss: €5.50m (loss narrowed 71% from 2Q 2020). Announcement • May 08
Hensoldt Ag Confirms Earnings Guidance for the Full Year 2021 Hensoldt AG confirmed earnings guidance for the full year 2021. For the year, the company expects currency and portfolio-adjusted consolidated revenue of between EUR 1.4 billion and EUR 1.6 billion. Reported Earnings • May 08
First quarter 2021 earnings released: €0.21 loss per share (vs €0.87 loss in 1Q 2020) The company reported a solid first quarter result with reduced losses, improved revenues and improved control over expenses. First quarter 2021 results: Revenue: €208.8m (up 6.2% from 1Q 2020). Net loss: €21.6m (loss narrowed 69% from 1Q 2020). Reported Earnings • Mar 22
Full year 2020 earnings released: €0.75 loss per share (vs €0.59 profit in FY 2019) The company reported a soft full year result with weaker earnings and weaker control over costs, although revenues improved. Full year 2020 results: Revenue: €1.21b (up 8.3% from FY 2019). Net loss: €65.2m (down €71.1m from profit in FY 2019). Announcement • Mar 05
Hensoldt AG (XTRA:5UH) entered into an agreement to acquire MAHYTEC. Hensoldt AG (XTRA:5UH) entered into an agreement to acquire MAHYTEC on March 3, 2021. The deal is subject to necessary approvals and relevant authorities. The completion of the transaction is expected to close in summer of 2021. Announcement • Feb 19
Hensoldt AG to Report Fiscal Year 2020 Results on Feb 24, 2021 Hensoldt AG announced that they will report fiscal year 2020 results at 7:30 AM, Central European Standard Time on Feb 24, 2021 Announcement • Feb 12
Hensoldt AG to Report Fiscal Year 2020 Results on Mar 22, 2021 Hensoldt AG announced that they will report fiscal year 2020 results on Mar 22, 2021 Announcement • Jan 22
Hensoldt AG (XTRA:5UH) acquired SAIL LABS Technology GmbH. Hensoldt AG (XTRA:5UH) acquired SAIL LABS Technology GmbH on January 19, 2021.
Hensoldt AG (XTRA:5UH) completed the acquisition of SAIL LABS Technology GmbH on January 19, 2021. Is New 90 Day High Low • Jan 19
New 90-day high: €15.05 The company is up 39% from its price of €10.81 on 21 October 2020. The German market is up 10.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Aerospace & Defense industry, which is up 30% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €24.30 per share. Announcement • Dec 14
Germany Reportedly to Buy 25% Stake in Hensoldt The German government will buy a 25.1% stake in German Hensoldt AG (XTRA:5UH) from private equity company KKR & Co. Inc. (NYSE:KKR) for €464 million ($562 million), people with knowledge of the matter said on December 12, 2020. The sources said the purchase is intended to ward off a foreign buyer from taking control of Hensoldt. KKR, which bought the company in 2016, retained a stake of more than 60% after the IPO. Hensoldt and KKR declined to comment. Valuation Update With 7 Day Price Move • Oct 14
Market pulls back on stock over the past week After last week's 85% share price decline to €1.56, the stock is trading at a trailing P/E ratio of 18x, down from the previous P/E ratio of 121.3x. This compares to an average P/E of 19x in the Aerospace & Defense industry in Europe. Announcement • Oct 06
Hensoldt AG to Report Q3, 2020 Results on Nov 10, 2020 Hensoldt AG announced that they will report Q3, 2020 results on Nov 10, 2020 
