- TKMS AG & Co. KGaA (“TKMS”) marks another important milestone on the capital market.
- TKMS shares were included in the MDAX for the first time on December 22, 2025.
Kiel, January 19, 2026 – TKMS today celebrated its entry into the MDAX with the traditional bell ringing ceremony at the Frankfurt Stock Exchange for the start of trading. This marks another important milestone for the Group on the capital market just a few months after its spin-off from thyssenkrupp AG and successful stock market debut.
The two Deutsche Börse-provided share indices, MDAX and DAX, comprise the 90 largest listed companies in Germany. With the inclusion of TKMS, effective since December 22, 2025, the MDAX is now bolstered by Europe’s only fully integrated systems supplier for maritime defense products.
“Today’s event sends a strong signal to our investors, customers, partners and employees,” explains Oliver Burkhard, CEO of TKMS. “Our contribution to defense capabilities is more relevant than ever: We supply systems that protect free societies. As part of the MDAX, we will gain greater visibility and access to a larger circle of financially strong, long-term investors for this important task, which will enable us to support our growth in the best possible way. We want to remain the preferred partner for the delivery of maritime defense systems, both in Europe and worldwide.”
Increase in all key financial figures
For the past fiscal year 2024/2025, TKMS recorded a significant increase in all key financial figures. The order intake of around € 8.8 was six times higher than in the previous year. The order backlog remained at a record level of around € 18.2 billion as at September 30, 2025, while sales increased to € 2.2 billion (+9%). The adjusted EBIT margin increased from 4.3% to 6%. For the medium term, the target is a margin of over 7%.
Surge in orders for TKMS
With the recently announced Norwegian order expansion by two more submarines, the German-Norwegian 212CD program has reached its previously planned maximum order volume of twelve submarines in total. In addition, TKMS is one of the two remaining bidders in the Canadian tender for the procurement of up to twelve submarines.
Other recent TKMS orders include a record order for the supply of DM2A5 heavyweight torpedoes and associated equipment for the Type 212CD submarines, the modernization of six Type 212A submarines for the German Navy and two additional submarines for an Asian customer. TKMS also signed the contract with the Alfred Wegener Institute for the construction of the new “Polarstern” research vessel.
