ST Engineering has announced a remarkable $4.7b in order wins for the second quarter of 2025, marking its strongest quarterly performance since the second quarter of 2023. This achievement follows a robust first quarter, where the company secured $4.5b in orders. The year-to-date total for 2025 now stands at $9.2b, positioning the company well to surpass its 2024 figure of $12.5b.
The company’s record-high order book is attributed to structural tailwinds, including increased global defence spending and resilient demand across its core segments. This momentum provides solid revenue visibility and growth prospects for the company. Analyst Shekhar Jaiswal has maintained a “BUY” recommendation for ST Engineering, with a target price of SGD8.70, indicating a 5% upside and a 2% yield forecast for the financial year 2026.
The sustained order momentum underscores ST Engineering’s strategic positioning in the market, capitalising on global trends and demand. The company’s ability to secure such significant orders highlights its competitive edge and the trust placed in it by clients worldwide.
Looking ahead, ST Engineering’s robust order book is expected to drive continued growth, supported by favourable market conditions and strategic initiatives. The company’s focus on core segments and global defence spending trends positions it well for future success.
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