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ST Engineering group revenue climbs 8% in Q1 2025
Group revenue was driven largely by the defense and public security business.
ST Engineering reported a revenue of $2.92b in Q1 2025, an 8% increase from the same period last year.
The growth was largely driven by its defense and public security business, which surged 18% to $1.3b in the quarter.
Commercial aerospace business experienced a flat growth of 0.1%, whilst urban solutions & satcom grew by 4%.
ST Engineering is declaring an interim dividend of 4 cents per share for Q1 2025.
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