Csg N V Shs (CSGNF) Q2 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Welcome to the CSG's half-year 2026 earnings presentation. Today's presenters are Michal Sternak, CEO and Chairman of the Board, and Zdeněk Jurák, CFO. Michal will begin with an update on the group's strategy delivery and the first half financial highlights. Zdeněk will then walk through the performance in more detail. Q&A will follow the prepared remarks. Please take a moment to familiarize yourself with the disclaimer information at the start of the presentation deck. I'll now hand over to Michal Sternat. Good morning to all of you and thank you for your interest. The first half was a period of delivery against the commitments we set out. We achieved a strong financial performance across the group. Before we crumb numbers, I want to highlight the strategic progress behind that performance. Let me start with land systems, which doubled revenue year on year. Systems now represent 46% of our order backlog. We are scaling this business exactly as planned. That is changing the shape of the group. The share of revenue from Ukraine is down from 27% at year end to 17%. Europe excluding Ukraine is now more than half of our business. The United States has become our second largest market and we are making significant N V Shs N V Shs N V Shs N V Shs N V Shs N V Shs The market is moving our way. Customers want integrated systems. That is exactly what CSG delivers. In air defense, we own the backbone, critical layers, and the integration. The vehicle, the radar, the command and control system, and the launchers, and other effectors on top. The layered air defense system we presented in June brings those capabilities together into a system we can offer worldwide. The air defense contracts we won in Southeast Asia worth nearly $2.5 billion demonstrate the value of this approach. ...