TKMS reports sharp rise in orders, profit and cash flow after market debut in 2024/2025 year

Milestone for Almonty Industries! Full order books at RENK and TKMS! Here is what analysts say

A milestone for Almonty Industries: the tungsten mine in South Korea goes into operation. This positions the raw material gem for strong revenue and earnings growth in the coming years. Analyst estimates are based on significantly lower prices and could therefore be too conservative. The stock is rebounding. Defense stocks are currently being weighed down by the possibility of peace in Ukraine, but order books remain well filled. Shortly before …

TKMS reports sharp rise in orders, profit and cash flow after market debut in 2024/2025 year

Sales increased by 9% to €2.2 billion, with the adjusted EBIT margin improving to 6% and adjusted EBIT rising 53% to €131 million. Free cash flow doubled to €784 million and net profit increased to €108 million, compared with €88 million in the previous year. Chief executive Oliver Burkhard said: “The key figures underline TKMS’s strengthened market position and performance and form a solid basis for further growth.” He added: “We have a record …