THEON secures c.€50 million new orders, directing revenue guidance to the upper range (€430 million)

Core Viewpoint - Theon International Plc has announced a new order intake of approximately €50 million, which is expected to enhance confidence in achieving the upper range of its revenue guidance set at €430 million for FY 2025 [1][6]. Group 1: Order Intake and Revenue Guidance - The new orders consist of a balanced selection of products from various small tenders and direct orders, primarily in Europe [1]. - Total order intake for FY 2025 has already surpassed €160 million, with additional embedded options of around €100 million [7]. - Most of the new orders are projected to be delivered by the end of the year, contributing to the revenue guidance [1][6]. Group 2: Product Performance and Market Position - The company is strategically positioned to secure substantial new orders, particularly for its digital A.R.M.E.D. products, which are showing increased traction [2][3]. - Customer satisfaction with the new A.R.M.E.D. products is high, leading to expectations of more orders in the future [3]. Group 3: Company Background - Theon Group develops and manufactures advanced night vision and thermal imaging systems for defense and security applications, with a global presence [5]. - The company has over 200,000 systems in service with armed and special forces in 71 countries, including 26 NATO countries [5].