Europe’s Top Returning Stock Has 10-Year Defense Boom Ahead
Steyr Motors AG, an Austrian maker
of diesel engines used in tanks and military boats, says it can easily double output to meet European
demand amid an arms race that’s lifted its stock by almost 300% this year.
The company already
made 61% of its €41.7 million ($45.3 million) of revenue last year from deliveries to the defense
industry, and that share is set to increase in coming years, CEO Julian Cassutti said in an interview on
Thursday.
>Europe’s Top Returning Stock Has 10-Year Defense Boom Ahead > >Steyr Motors AG, an
Austrian maker of diesel engines used in >tanks and military boats, says it can easily double
output to >meet European demand amid an arms race that’s lifted its stock >by almost 300%
this year. > >The company already made 61% of its €41.7 million ($45.3 >million)
of revenue last year from deliveries to the defense >industry, and that share is set to increase
in coming years, >CEO Julian Cassutti said in an interview on Thursday. > >https://www.bloomberg.com/news/articles/2025-03-14/europe-s-top-returning-stock-still-has
-10-year-demand-boom-ahead
Haha, mit dem Bericht wird die Aktie bei der Marktenge in die
Stratosphäre gehen
Warren Buffett(3450)
aktienpeter(9)
