Vincorion reports 42% revenue surge and raises annual guidance

Defense supplier Vincorion reported a significant increase in revenue for the first half of the year, rising 42.4 percent to 150.2 million euros. The company also saw its adjusted EBIT grow by 32.8 percent to 28.4 million euros, resulting in an adjusted EBIT margin of 18.9 percent.

New orders reached 330.2 million euros during the first half, contributing to a total order backlog of 1.2 billion euros. This backlog is sufficient to cover a large portion of the revenue planned for 2026. Growth is being driven primarily by the Power Systems segment, including demand for ground-based air defense systems and participation in the EU-funded SENTINEL project for tactical energy systems.

Following these results, the company has raised its annual guidance, aiming for the upper end of its projected revenue range of 280 to 320 million euros for 2026. The stock price responded positively to the news, reaching a new yearly high.