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AMS:CSG 23 January 2026 - 6 February 2026

Record defence IPO: Czech arms group CSG jumps as much as 32% in Amsterdam debut

Record defence IPO: Czech arms group CSG jumps as much as 32% in Amsterdam debut

Shares of Czech defence firm Czechoslovak Group jumped as much as 32% on Friday in their Amsterdam debut, following a record-setting IPO. By 0812 GMT, the stock was up 20.9% at 30.235 euros, after opening at 25 euros per share. The offering valued the Prague-based company at 25 billion euros and raised up to 3.8 billion euros. https://www.reuters.com/business/aerospace-defense/czech-billionaires-csg-set-fetch-25-billion-euro-valuation-record-defence-ipo-2026-01-23/ As investors rush into European defence stocks, betting on sustained government spending amid the Ukraine conflict, a new float emerges. The Stoxx Europe Aerospace and Defence index jumped over 10% in January, building on a 57% surge in 2025, according to the Financial Times. The report singled out Rheinmetall, which soared 154% last year. https://www.ft.com/content/9796dc0a-6d51-4ce4-b67a-0c63ca3adf8e

Stock Market Today

  • BWXT rides nuclear energy demand with 121% jump in commercial segment
    July 1, 2026, 9:56 AM EDT. BWX Technologies (BWXT) reported commercial nuclear revenue up 121% year over year at $283.6 million in Q1 2026, boosted by buying Precision Components Group and steady demand for nuclear parts, fuel, and services. The company's commercial backlog hit $1.72 billion as of March 31, 2026. BWXT, along with Cameco and NuScale Power, is getting a lift from longer reactor lifespans and small modular reactors (SMRs). BWXT's forward price-to-sales ratio is 4.5, well below the sector average of 12.98. Shares have gained 12.6% over six months, lagging the industry's 13.8% move. Analysts expect a 14.76% EPS bump in 2026.
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