• CSG cut its fiscal 2026 operating EBIT margin forecast to approximately 21% from 24%-25%.
• Lower-priced standard-range ammunition sales pressured margins, while Land Systems programs remain in their ramp-up phase.
• Revenue guidance remains €7.4 billion-€7.6 billion, including approximately €300 million shifted from the third quarter into the fourth quarter.
• Net working capital is now forecast below 35% of revenue, previously below 20%, as deliveries and related cash releases shift into 2027.
• Medium-term financial guidance was reaffirmed, with fully in-house extended-range production targeted by end-2027; capital expenditure guidance remains approximately 8.5% of revenue.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. CSG NV published the original content used to generate this news brief on November 11, 2026, and is solely responsible for the information contained therein.