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Rising IPOs are usually a sign of a market peak, although in the case of the underinvested EU defence sector, there is probably still more room to go.

A listing of CSG comes as part of a wave of European defence groups preparing for IPOs to capitalise on investor enthusiasm amid a significant sector rally.

The Stoxx Europe aerospace and defence index had more than tripled since 2022 through to November and has gained more than 11% in 2026.

The Franco-German tank maker KNDS and British metal engineer Doncasters Group are also preparing for IPOs, according to the FT.

#CSGipo #DefeceStocks
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