CSG

CSG Systems reported strong first-half 2026 results, with revenue rising 17.2% year over year to 3.3 billion euros and operating EBIT increasing 13% to 784 million euros. The company said second-quarter revenue of 1.7 billion euros matched expectations and represented 43% of full-year guidance. Shares were little changed in early trading, with the stock last at $19.17, down 0.48% from the previous close of $19.26. CSG delivered broad-based growth across its defense portfolio in the first half of 2026. The company’s core Defense Systems business generated 2.6 billion euros in revenue, or 81% of group sales, up 27% from a year earlier. Operating EBIT in that segment reached 754 million euros, with a margin of 29%. The Ammo+ business also improved, with revenue of 631 million euros and an EBIT margin of 8% in the first half. Management said the margin recovered to 11% in the second quarter after a weaker first quarter. Medium and large caliber ammunition remained a key driver, with revenue up 20% year over year. Land Systems emerged as a larger part of the group, with revenue in that business rising to 445 million euros, roughly double the level of a year earlier, and the segment posted a 17% EBIT margin. The company said the business is becoming a more important part of the group’s mix and backlog. CSG also highlighted geographic diversification, with Ukraine’s share of revenue falling to 17% from 27% at the end of 2025, while NATO and allied countries outside Ukraine rose to 83% of revenue. Europe, excluding Ukraine, now accounts for more than half of the business, and the United States has become the second-largest market. The company reaffirmed its full-year 2026 outlook, expecting revenue of 7.4 billion to 7.6 billion euros and an operating EBIT margin of 24% to 25%. CSG also reaffirmed its medium-term goals of mid-teens organic revenue growth, an operating EBIT margin of at least 26% to 28%, and capex intensity of 4% to 5%.

CSG Systems reported strong first-half 2026 results, with revenue rising 17.2% year over year to 3.3 billion euros and operating EBIT increasing 13% to 784 million euros. The company said second-quarter revenue of 1.7 billion euros matched expectations and represented 43% of full-year guidance. Shares were little changed in early trading, with the stock last at $19.17, down 0.48% from the previous close of $19.26. CSG delivered broad-based growth across its defense portfolio in the first half of 2026, with its core Defense Systems business generating 2.6 billion euros in revenue, up 27% from a year earlier. Operating EBIT in that segment reached 754 million euros, with a margin of 29%. The Ammo+ business also improved, with revenue of 631 million euros and an EBIT margin of 8% in the first half. Management said the margin recovered to 11% in the second quarter after a weaker first quarter. Medium and large-caliber ammunition remained a key driver, with revenue up 20% year over year. Land Systems emerged as a larger part of the group, with revenue in that business rising to 445 million euros, roughly double the level of a year earlier, and the segment posted a 17% EBIT margin. The company said the business is becoming a more important part of the group's mix and backlog. CSG also highlighted geographic diversification, with Ukraine's share of revenue falling to 17% from 27% at the end of 2025, while NATO and allied countries outside Ukraine rose to 83% of revenue. Europe, excluding Ukraine, now accounts for more than half of the business, and the United States has become the second-largest market. The company reaffirmed its full-year 2026 outlook, expecting revenue of 7.4 billion to 7.6 billion euros and an operating EBIT margin of 24% to 25%. Management said net working capital should decline sharply in the second half, with about 1.5 billion euros expected to be released. The company said year-end net working capital should fall below 20% of revenue, down from 40% at the half-year point. Longer term, CSG repeated its medium-term goals of mid-teens organic revenue growth, an operating EBIT margin of at least 26% to 28%, and capex intensity of 4% to 5%.

This results statement provides a review of key financial and operational developments for the six months ended 30 June 2026. Financial highlights: Revenue of €3,251 million, up 17.2% year on year, driven by continued strong momentum across the Group's core Defence Systems businesses.

A successful standalone 5G network deployment involves three things: the radios, the core, and the business systems that turn the network’s capabilities into revenue. The radios are the towers and antennas that send and receive the signal.

CSG (Czechoslovak Group) announced the appointment, effective August 1, 2026, of Ben Hudson as a member and vice chairman of its board of directors. Already appointed in June as chief executive officer of CSG Land Systems and chief technology officer (CTO), he will oversee the development of land defense capabilities, technology strategy, research and development (R&D), and the group's innovation.■

The 2026 Gartner® Magic Quadrant™ for Configure, Price, Quote (CPQ) offers a detailed view of the evolving CPQ landscape, assessing vendors on both their ability to execute and the completeness of their vision. CSG is proud to be included again in this year’s report.

Un'unità di CSG stabilisce un nuovo centro tecnologico ceco per sistemi di propulsione avanzatiAviaNera Technologies, controllata di CSG Systems International, sta costruendo un nuovo centro tecnologico nella regione della Boemia Centrale, nella Repubblica Ceca, per potenziare le proprie...

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