THEON: Strong growth and high profitability in Q1 ’26

THEON International Plc recorded a important summation successful gross and profitability successful the archetypal 4th of 2026, confirming the group’s strong maturation momentum and maintaining its full-year guidance unchanged.

According to the company’s fiscal results, gross amounted to 120.1 cardinal euros, up 32.3% compared with the aforesaid play successful 2025, while adjusted EBITDA reached 31.8 cardinal euros, marking an summation of 28.5%. The adjusted EBIT borderline remained astatine precocious levels astatine 25%, underscoring the group’s resilience and operational efficiency.

Earnings per stock increased

Earnings per stock roseate importantly to 0.69 euros, supported besides by the valuation of the company’s strategic stake successful Exosens. Order backlog remained astatine 1.42 cardinal euros, providing enhanced visibility into the company’s aboriginal performance.

Despite a diminution of astir 40% successful caller orders year-on-year, absorption attributes this improvement chiefly to seasonal factors and expects bid intake to accelerate successful the coming quarters. At the aforesaid time, the institution continues to put successful caller technologies, accumulation facilities, and strategic acquisitions, strengthening its presumption successful defence systems and nighttime vision products.

Particular value is besides attached to the strategic concern with Rheinmetall, arsenic well arsenic the statement to get an 80% stake successful the French institution MERIO, which enhances THEON’s beingness successful the drone and airy aerial platforms segment.

The laminitis and CEO of THEON, Christian Hadjiminas, stated that the first-quarter results corroborate the company’s resilience, diversification, and sustained maturation trajectory, adding that the radical remains connected track toward its target of 1 cardinal euros successful gross by 2029.