KNDS Announces IPO Plan to Fuel Long-Term Growth

Amsterdam-based KNDS N.V., a leading European land defense company, has announced its intention to pursue an initial public offering (IPO) to support its long-term growth strategy. The planned IPO aims at listing shares on Euronext Paris and the Frankfurt Stock Exchange. This move is expected to enhance KNDS' operational flexibility and strategic agility as it seeks to expand its technological and industrial capabilities.

In 2025, KNDS reported revenue of €4.4 billion, marking a 16% year-on-year growth, along with a record order backlog worth €33.1 billion. The company anticipates revenue to increase significantly in 2026, supported by continued demand for its comprehensive land defense systems portfolio. The transaction structure includes the sale of up to 20% of existing shares held by French and German entities.

The Federal Republic of Germany plans to acquire 40% of KNDS' share capital from its current German shareholder. This reflects a strategic endorsement of the company's growth trajectory. The group emphasizes its strong positioning within Europe's evolving defense landscape, particularly in France and Germany.