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THEON INTERNATIONAL publishes its H1 2025 Report
Globenewswire·2025-09-02 16:40

Core Insights - Theon International Plc reported a record-breaking revenue of €183.7 million for H1 2025, marking the strongest first half in the company's 28-year history [4][7] - The company achieved a significant order intake of €167.9 million, which is 118.1% higher than H1 2024, indicating robust demand for its products [4][7] - The launch of "THEON Next" Vision & Strategy aims to position the company as a leader in next-generation optronics and modern warfare solutions [7] Financial Performance - Revenue for H1 2025 was €183.7 million, up 20.6% from €152.4 million in H1 2024 [4][7] - Adjusted EBIT increased by 24.4% to €47.4 million, with an adjusted EBIT margin of 25.8%, reflecting industry-leading performance [4][7] - Earnings per share rose by 17.1% to €0.48 compared to €0.41 in H1 2024 [4][7] Operational Highlights - The soft backlog at the end of H1 2025 was €622.2 million, a 45% increase from H1 2024, with an additional €378.2 million in contractual options [7] - The company is transitioning to a broader product portfolio through the A.R.M.E.D. ecosystem and is expanding into platform-based optronics products [7] - Theon has secured several contracts for market-leading night vision products and is in advanced stages of multiple tender processes [7] Strategic Developments - The acquisition of Kappa Optronics and the signing of pioneering agreements are key milestones in Theon's growth strategy [4][7] - The company is focused on building a platform for next-generation soldier systems through targeted investments and collaborations [7] - Theon operates globally with a presence in multiple countries and has over 220,000 systems in service with armed forces in 71 countries [10]