CSG revenue up 6.2% to €4.8B in 9M, margin narrows

Czechoslovak Group (CSG), the defense conglomerate owned by Michal Strnad, reported €4.8B revenue for the first nine months of 2026, up 6.2% YoY, but margins declined. The growth slowdown and margin compression signal easing demand or rising costs in the European defense sector, though the company remains profitable.

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