- Record order volume of €18.6 billion (as of June 30, 2025); medium-term revenue growth of around 10% per year and medium-term increase in EBIT margin to over 7% targeted
- The target is a dividend payout of 30-50% of net consolidated profit for the first time for the 2025/2026 fiscal year
- Positioning of the “Maritime Powerhouse” with a prominent profile in the European market
Kiel/Hamburg, September 30, 2025 – TKMS reaches another milestone on the road to independence with its first Capital Markets Day. Guests from the world of finance and business enjoy an intensive program, including insights into the shipyard location in Kiel. The conference focuses on topics such as the first presentation of the future independent TKMS, its position in the market environment, insights into the quarterly figures, and an outlook on its growth ambitions.
CEO Oliver Burkhard emphasizes: “As TKMS, we are not only ideally positioned for the Spin-Off, but also to meet the dynamic demand of the market: We are one of the leading providers in all three ‘dimensions’ of maritime defense, i.e., in surface and submarine shipbuilding as well as in electronics, sensor, and technology solutions. We have consistently invested in our locations, built one of the most modern shipbuilding halls in Kiel, and are planning to invest a three-digit million euro amount in the Wismar location—significantly supported by pre-financing from customers. We have also streamlined our processes and increased efficiency and performance in order to consistently work through our record order book on time and within budget. The planned Spin-Off will enable us to open up additional financial scope and give us more agility and flexibility as an independent company.”
As a leader in the field of non-nuclear submarines and one of the leading suppliers of military surface vessels and innovative electrical and information technology solutions, TKMS has a record order volume of €18.6 billion (as of June 30, 2025). At the end of 2024, the company received an order extension for four Class 212CD submarines from Germany, while the recent signing of a contract for the reorder of two submarines from Singapore further consolidated its position in international business. In addition, the German Navy commissioned TKMS to modernize six Type 212A submarines in the middle of this year. Furthermore, the construction of the new research vessel Polarstern was awarded to TKMS at the end of last year by the Alfred Wegener Institute, Helmholtz Centre for Polar and Marine Research.
Dynamic growth expected
“We see that TKMS’s move toward independence is providing significant momentum against the backdrop of changed geopolitical conditions. Our sales figures for the 2023/24 fiscal year have already reached the two-billion-euro mark for the first time. In the medium term, we are aiming for average annual sales growth of around 10%, with accelerated development towards the end of the period under review,” says Paul Glaser, CFO of TKMS.
The record order book, expanded expertise in the software and electronics sector, and increased operational efficiency and capacity utilization form the basis for the goal of margin growth of more than 7% in the future. TKMS is also aiming for a dividend payout of 30 to 50% of net consolidated profit. This is to be paid out for the first time in 2027 for the 2025/2026 fiscal year. Paul Glaser concludes: “We are confident that our profitability will develop positively thanks to a consistent entrepreneurial focus.”
TKMS focuses on future technologies
TKMS aims to deliver a highly developed and interconnected maritime ecosystem consisting of manned and unmanned platforms, stationary and mobile systems, and distributed sensors and effectors. Its unique selling point in Europe is its positioning as a “maritime powerhouse,” which aims to offer comprehensive solutions for the military shipping of tomorrow by integrating manufacturing and, in particular, technological expertise, including in the field of artificial intelligence.
To this end, TKMS is building on the strong technological position of its current portfolio and aims to strengthen it through technical and software-related further development in terms of increased resilience, camouflage, and automation. “As the only systems provider in Europe that combines all dimensions of the marine industry comprehensively under one roof, we are responding to changing market requirements with innovative systems at the highest technological level. At the heart of this claim is our unified vision, which all our business segments pursue synergistically,” says CEO Oliver Burkhard.
Geopolitical trends open up and require new fields of action
In addition, geopolitical challenges are increasing, which is reflected in rising budgets, particularly in the European NATO area. But navies around the world are also investing in better equipment for their armed forces. At the same time, requirements in the maritime domain are changing: the demand for higher availability and shorter delivery times goes hand in hand with diversification efforts and the need for standardization processes, new product forms, and increased connectivity between manned and unmanned platforms. With its portfolio, TKMS is well positioned to participate in this market’s growth and, based on annual market forecasts, expects the market potential to double by the mid-2030s.
