Report
Olfa Taamallah ...
  • Yan Derocles

Hensoldt AG : Optronics returns to growth but sensors is being monitored

>Robust commercial momentum - The fact that the company now forecasts a book-to-bill of 1.2x for FY 24 (vs 1.1x to 1.2x previously) including y-o-y in FY 25 for the Eurofighter re-baselining 2 order or an amount of c.€ 290m, shows the solidity of the commercial momentum. We still forecast B/B of 1.25x in FY 24 and 1.2x in FY 25 and FY 26 which shows Hensoldt’s exposure to long-cycle activities as well as its position in anti-aircraft defence systems.Optr...
Underlying
HENSOLDT AG

Provider
Oddo BHF
Oddo BHF

​Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.

Analysts
Olfa Taamallah

Yan Derocles

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