Arrows are pointing up at the Czech conglomerate between booming defense demand and civilian expansion afforded by the Kinetic Group acquisition last year, which helped drive revenue in 2024 to €5,176.7 million on a pro forma basis. Kinetic added just one month of sales, but the company’s reported sales more than doubled to €4,008.6 million as reported from €1,734.4 million, driving net income up three-fold to €526.1 million from €174.1 million.

U.S. sales accounted for 7% of revenue in the year, as the Kinetic Group acquisition led a 16% gain to €268.8 ... Log in to view full article.