Core Viewpoint - Theon International Plc's subsidiary, Harder Digital, has received a record order of €25 million for Image Intensifier Tubers, indicating strong demand and improved production capabilities [1][7]. Group 1: Order and Production - Harder Digital's recent order intake is the largest in its history, with deliveries scheduled for 2026-2027, which will significantly enhance its profitability [1][7]. - The production capacity of Harder Digital has more than doubled since 2024 due to the addition of two new production lines, leading to improved quality and higher average selling prices for IIT [2]. Group 2: Financial Performance and Strategy - Operational improvements at Harder Digital are expected to bring its financial performance closer to that of Theon International in the coming years [2]. - Theon International plans to utilize only half of the tubes produced by Harder Digital, selling the remainder to third parties, which is part of its strategy to optimize profitability [2][3]. Group 3: Management Commentary - Christian Kohlstock, Managing Director of Harder Digital, emphasized that the new orders reflect successful production scaling and the company's commitment to meet global demand [3]. - Dimitris Parthenis, CFO of Theon, expressed satisfaction with the rapid rewards from the revamp of Harder Digital's production and the focus on optimizing profitability through third-party sales [3].