Shares in Czech ammunition group surge 31% on stock market debut
Performance of Czechoslovak Group underlines strong investor demand for defence companies
Performance of Czechoslovak Group underlines strong investor demand for defence companies

Czechoslovak Group set to become one of Europe’s most valuable defence companies with Amsterdam listing

CSG, which supplies ammunition to Ukraine, capitalises on rush of enthusiasm for industry with €1.8bn bond deal

Investors suddenly love guns and ammo

The growth profile for the sector has brightened as Europe’s governments prepare to spend more on protection

Stoxx Europe aerospace and defence index has more than tripled since 2022, with more than half of that rise coming this year

Production bottlenecks and uncertainty over US munitions funding weigh on stock prices for weapons makers