Latest news with #ExailTechnologies
Yahoo
23-07-2025
- Business
- Yahoo
French underwater drone maker Exail's Q2 sales rise more than 50%
By Anna Peverieri (Reuters) -French high-tech industrial group Exail Technologies on Wednesday reported a 52% rise in second-quarter sales, as geopolitical tensions fuel military spending in Europe. The underwater drone maker reported quarterly revenue of 126 million euros ($148 million), boosted by programmes to counter mines and solid navigation system deliveries. "The defense sector is making a significant contribution to commercial expansion, with the signing of numerous sovereign programs during the quarter, particularly in Europe and Asia," the group said in a statement. Exail's shares have leapt almost 500% so far this year. NATO alliance members have committed to increase defence budgets, which is expected to trigger more military spending and orders. President Emmanuel Macron pledged earlier in July to double France's military budget by 2027, three years ahead of the original 2030 target. Exail's backlog stood at 1.1 billion euros at the end of the second quarter, while its order intake for the quarter totalled 125 million euros. Orders were up 51% from the same period a year ago, driven by strong demand in maritime robotics for defense. Exail confirmed its 2025 guidance for a double-digit percentage rise in revenues and an increase in current core profit (EBITDA) outpacing revenue gains. ($1 = 0.8520 euros) Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
Reuters
23-07-2025
- Business
- Reuters
French underwater drone maker Exail's Q2 sales rise more than 50%
July 23 (Reuters) - French high-tech industrial group Exail Technologies ( opens new tab on Wednesday reported a 52% rise in second-quarter sales, as geopolitical tensions fuel military spending in Europe. The underwater drone maker reported quarterly revenue of 126 million euros ($148 million), boosted by programmes to counter mines and solid navigation system deliveries. "The defense sector is making a significant contribution to commercial expansion, with the signing of numerous sovereign programs during the quarter, particularly in Europe and Asia," the group said in a statement. Exail's shares have leapt almost 500% so far this year. NATO alliance members have committed to increase defence budgets, which is expected to trigger more military spending and orders. President Emmanuel Macron pledged earlier in July to double France's military budget by 2027, three years ahead of the original 2030 target. Exail's backlog stood at 1.1 billion euros at the end of the second quarter, while its order intake for the quarter totalled 125 million euros. Orders were up 51% from the same period a year ago, driven by strong demand in maritime robotics for defense. Exail confirmed its 2025 guidance for a double-digit percentage rise in revenues and an increase in current core profit (EBITDA) outpacing revenue gains. ($1 = 0.8520 euros)
Yahoo
03-07-2025
- Business
- Yahoo
Winners of Defense Stock Frenzy in Europe, From Chemical to Goggle Makers
(Bloomberg) -- This year's surge in Europe's biggest defense stocks has elicited some obvious winners, leading investors to dig deeper beneath the surface for other names that might stand to benefit from the billions being diverted toward military budgets. Next Stop: Rancho Cucamonga! ICE Moves to DNA-Test Families Targeted for Deportation with New Contract Where Public Transit Systems Are Bouncing Back Around the World US Housing Agency Vulnerable to Fraud After DOGE Cuts, Documents Warn The Global Struggle to Build Safer Cars From goggle makers to chemicals producers, and even a printing company, stocks with the merest link to defense have been snapped up, sending share prices soaring. While heavyweight Rheinmetall AG has tripled this year, the German tank and munitions maker's advance has been outshone by a fourfold jump in Exail Technologies SA, a supplier of maritime drone systems. Steyr Motors AG, a small producer of engines for tanks and boats, has seen a similar level of gains. 'There's been a real shift in investor appetite for UK and European small-cap defense companies,' said Jamie Murray, an analyst at Shore Capital Stockbrokers Ltd. 'There's a lot of momentum behind these stocks, with investors more willing to look past short-term challenges to medium-term opportunities.' Here's a look at some of the defense-related stocks that have caught the eye of investors: Night Vision Core defense stocks got an immediate boost when Russia invaded Ukraine in February 2022, but a handful of night vision specialists have come into focus more recently. Theon International Plc, which sells thermal-image and night vision goggles, listed in Amsterdam in February last year. The shares trade at more than three times their IPO price of €10 and at around 27 times blended forward earnings, its valuation is the most expensive of the night-vision cohort. Exosens SAS listed in June 2024 in Paris. It provides photo-detection and low light condition imaging solutions and serves customers worldwide. The shares are up 124% since their debut. Analysts are positive on the outlook for both Exosens and Theon, with most who cover the stocks rating them as a buy. Still, some investors are starting to book gains after this year's spectacular advance. More than €230 million ($262 million) of shares in Exosens and Theon were sold this week in separate block trades. Smaller peer NSE, also Paris-listed, is a producer of aircraft wiring, accessories and night vision systems. It's up around 45% in 2025, adding to two straight years of double-digit gains. Robotics Exail Technologies is another star of Europe's defense rally, its shares surging over 300% in 2025 and its market capitalization jumping to €1.26 billion from about €340 million in just a few months. The ascent started in early February with the announcement that the company had signed a contract worth hundreds of millions of euros for underwater drone systems for mine warfare. Exail has a full house of buy recommendations from the five analysts tracked by Bloomberg who cover the stock. Chemicals Alzchem AG, based in Trostberg, Germany, produces a raw material used in propellants for NATO-standard 155mm artillery ammunition. It has exposure to the defense push through its customers and European Commission funding. It also signed a contract with the US Department of Defense in 2024. Five out of six analysts tracked by Bloomberg who cover Alzchem have buy ratings on the stock. Industrials Industrial companies are enjoying varying degrees of success in aligning themselves with the lucrative defense theme. Obvious defense plays such as Rheinmetall, Leonardo SpA, Saab AB, Thales SA and BAE Systems Plc have become increasingly expensive, trading on average at around 34 times forward earnings, compared to less than 15 for the Stoxx 600 Index. No surprise then that investors have looked for cheaper alternatives. Thyssenkrupp AG, which trades at around 11 times forward earnings, has emerged as a major 2025 winner. The shares have more than doubled this year as the planned spinoff of its submarine-building unit drew fresh attention to the steel company's defense credentials. Deutz AG, an engine manufacturer, was initially reported to be among bidders for Thyssenkrupp's marine systems unit. There have been no concrete developments on that front, but the Cologne-based company's chief executive officer has said the firm is interested in defense. Its shares have soared 92% this year. On a similar theme, printing company Heidelberger Druckmaschinen AG is another German firm said to be exploring a shift toward defense. Its industry unit designs, constructs and equips factory production lines — capabilities that could have military applications. The stock is up around 56% this year. Other companies are finding ways to benefit from booming military budgets. In Italy, a bidding war for truckmaker Iveco Group NV's defense unit has sent the firm's shares to a record high. The company develops and manufactures specialized vehicles for defense and civil protection and has expanded into artificial intelligence and software technologies. It's said to be seeking up to €1.5 billion for its military unit. Mutares SE unlocked a spectacular return when the private equity firm listed Steyr Motors on the Frankfurt Stock Exchange in October. Steyr, formerly a struggling Austrian engine maker, is closing in on a 300% gain this year. Avio SpA, an Italian aerospace company, is exposed to two hot trends: defense and space propulsion. Its shares have surged over 50% this year. Avio says it is a key service partner to Italy's air force, manufacturing, designing and servicing the EJ200 engines for the Eurofighter Typhoon, among others. IT, Cybersecurity, Intelligence, Satellites Eutelsat SA has rallied this year, at one point soaring 300%, as investors saw it as likely to play a role in a new European military intelligence satellite network. The firm has put itself forward as an alternative to Starlink in Ukraine. Still, the shares have erased a large portion of their gains since the initial enthusiasm, weighed down partly by concerns around the company's debt. OHB SE, another satellite company, has also surged, and is regarded as a potential beneficiary of German investment after the Bremen-based manufacturer won a €2.1 billion order last year. Cohort Plc, a UK defense company based in Reading, has seven businesses specializing in areas such as satellite communications, surveillance, sonar systems, fire control and electronic warfare. Its shares rose 96% in 2024 and are up another 43% this year. Indra Sistemas SA, a Spanish IT firm which makes radar air defense systems, has more than doubled this year. Its chairman said in May that the firm also plans to build tanks. 'Accessories like telecommunications, radars, encryption — all of this is a big part of the value of the vehicle — and we were missing the other part,' Indra's Angel Escribano said last month. Shares in Mildef Group AB, a Swedish developer of military-grade laptops, tablets and tracking solutions, are up almost 80% this year, paring some of their advance on June 3 after CEO Daniel Ljunggren sold a third of his stake in the company. Headsets, Breathing Gear Invisio AB, another Swedish company, is the self-proclaimed global market leader in tactical communication and hearing protection systems. Its website features images of khaki headsets, intercom systems and cables. Its shares have climbed almost 30% since the year began. German medical equipment company Draegerwerk AG, whose breathing gear turned it into a Covid pandemic beneficiary, is up more than 50% so far in 2025. The company 'is positioning itself in the defense sector by leveraging its expertise in air filtration, sensor technology, and personal protective equipment,' Warburg analysts wrote in April. The two are part of the growing ranks of listed companies producing military gear, vehicles and weapons, and whose shares are surging as investors position for sustained defense spending by governments. 'The nature of warfare is changing,' said Graeme Bencke, a fund manager at Amati Global Investors Ltd. 'Things like space and cyber are increasingly important, as well as battlefield communication and autonomous vehicles.' --With assistance from Lisa Pham, Julien Ponthus and Julius Domoney. Cavs Owner Dan Gilbert Wants to Donate His Billions—and Walk Again YouTube Is Swallowing TV Whole, and It's Coming for the Sitcom Millions of Americans Are Obsessed With This Japanese Barbecue Sauce Is Elon Musk's Political Capital Spent? Trump Considers Deporting Migrants to Rwanda After the UK Decides Not To ©2025 Bloomberg L.P. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
27-06-2025
- Business
- Yahoo
Small Cap Virtual Investor Conference: Now Available for Online Viewing
Company Executives Share Vision and Answer Questions Live at NEW YORK, June 27, 2025 (GLOBE NEWSWIRE) -- Virtual Investor Conferences, the leading proprietary investor conference series, today announced the presentations from the Small Cap Virtual Investor Conference, held June 26th are now available for online viewing. REGISTER AND VIEW PRESENTATIONS The company presentations will be available 24/7 for 90 days. Investors, advisors, and analysts may download investor materials from the company's resource section. Select companies are accepting 1x1 management meeting requests through July 1st. June 26th Presentation Ticker(s) 51 Talk Online Education Group (NYSE American: COE) Exail Technologies (OTCQX: EXALF | EPA: EXA) Baylin Technologies Inc. (OTCQB: BYLTF | TSX: BYL) White Pearl Technology Group AB (OTCQX: WPTGF | NASDAQ First North: WPTG) ZRCN Inc. (OTCQX: ZRCN) High Roller Technologies (NYSE American: ROLR) CS Diagnostics Corp. (OTCQB: CSDX) Global Crossing Airlines Group Inc. (OTCQB: JETMF | CBOE: JET) Nature's Miracle Holding Inc. (OTCQB: NMHI) Reed's Inc. (OTCQX: REED) Sono Group N.V. (OTCQB: SEVCF) Polymath Network Private Argo Corporation (OTCQX: ARGHF | TSXV: ARGH) To facilitate investor relations scheduling and to view a complete calendar of Virtual Investor Conferences, please visit About Virtual Investor Conferences® Virtual Investor Conferences (VIC) is the leading proprietary investor conference series that provides an interactive forum for publicly traded companies to seamlessly present directly to investors. Providing a real-time investor engagement solution, VIC is specifically designed to offer companies more efficient investor access. Replicating the components of an on-site investor conference, VIC offers companies enhanced capabilities to connect with investors, schedule targeted one-on-one meetings and enhance their presentations with dynamic video content. Accelerating the next level of investor engagement, Virtual Investor Conferences delivers leading investor communications to a global network of retail and institutional investors. Media Contact: OTC Markets Group Inc. +1 (212) 896-4428, media@ Virtual Investor Conferences Contact:John M. ViglottiSVP Corporate Services, Investor AccessOTC Markets Group (212) 220-2221johnv@
Yahoo
07-06-2025
- Business
- Yahoo
Winners of Defense Stock Frenzy in Europe, From Chemical to Goggle Makers
(Bloomberg) -- This year's surge in Europe's biggest defense stocks has elicited some obvious winners, leading investors to dig deeper beneath the surface for other names that might stand to benefit from the billions being diverted toward military budgets. Next Stop: Rancho Cucamonga! ICE Moves to DNA-Test Families Targeted for Deportation with New Contract Where Public Transit Systems Are Bouncing Back Around the World US Housing Agency Vulnerable to Fraud After DOGE Cuts, Documents Warn The Global Struggle to Build Safer Cars From goggle makers to chemicals producers, and even a printing company, stocks with the merest link to defense have been snapped up, sending share prices soaring. While heavyweight Rheinmetall AG has tripled this year, the German tank and munitions maker's advance has been outshone by a fourfold jump in Exail Technologies SA, a supplier of maritime drone systems. Steyr Motors AG, a small producer of engines for tanks and boats, has seen a similar level of gains. 'There's been a real shift in investor appetite for UK and European small-cap defense companies,' said Jamie Murray, an analyst at Shore Capital Stockbrokers Ltd. 'There's a lot of momentum behind these stocks, with investors more willing to look past short-term challenges to medium-term opportunities.' Here's a look at some of the defense-related stocks that have caught the eye of investors: Night Vision Core defense stocks got an immediate boost when Russia invaded Ukraine in February 2022, but a handful of night vision specialists have come into focus more recently. Theon International Plc, which sells thermal-image and night vision goggles, listed in Amsterdam in February last year. The shares trade at more than three times their IPO price of €10 and at around 27 times blended forward earnings, its valuation is the most expensive of the night-vision cohort. Exosens SAS listed in June 2024 in Paris. It provides photo-detection and low light condition imaging solutions and serves customers worldwide. The shares are up 124% since their debut. Analysts are positive on the outlook for both Exosens and Theon, with most who cover the stocks rating them as a buy. Still, some investors are starting to book gains after this year's spectacular advance. More than €230 million ($262 million) of shares in Exosens and Theon were sold this week in separate block trades. Smaller peer NSE, also Paris-listed, is a producer of aircraft wiring, accessories and night vision systems. It's up around 45% in 2025, adding to two straight years of double-digit gains. Robotics Exail Technologies is another star of Europe's defense rally, its shares surging over 300% in 2025 and its market capitalization jumping to €1.26 billion from about €340 million in just a few months. The ascent started in early February with the announcement that the company had signed a contract worth hundreds of millions of euros for underwater drone systems for mine warfare. Exail has a full house of buy recommendations from the five analysts tracked by Bloomberg who cover the stock. Chemicals Alzchem AG, based in Trostberg, Germany, produces a raw material used in propellants for NATO-standard 155mm artillery ammunition. It has exposure to the defense push through its customers and European Commission funding. It also signed a contract with the US Department of Defense in 2024. Five out of six analysts tracked by Bloomberg who cover Alzchem have buy ratings on the stock. Industrials Industrial companies are enjoying varying degrees of success in aligning themselves with the lucrative defense theme. Obvious defense plays such as Rheinmetall, Leonardo SpA, Saab AB, Thales SA and BAE Systems Plc have become increasingly expensive, trading on average at around 34 times forward earnings, compared to less than 15 for the Stoxx 600 Index. No surprise then that investors have looked for cheaper alternatives. Thyssenkrupp AG, which trades at around 11 times forward earnings, has emerged as a major 2025 winner. The shares have more than doubled this year as the planned spinoff of its submarine-building unit drew fresh attention to the steel company's defense credentials. Deutz AG, an engine manufacturer, was initially reported to be among bidders for Thyssenkrupp's marine systems unit. There have been no concrete developments on that front, but the Cologne-based company's chief executive officer has said the firm is interested in defense. Its shares have soared 92% this year. On a similar theme, printing company Heidelberger Druckmaschinen AG is another German firm said to be exploring a shift toward defense. Its industry unit designs, constructs and equips factory production lines — capabilities that could have military applications. The stock is up around 56% this year. Other companies are finding ways to benefit from booming military budgets. In Italy, a bidding war for truckmaker Iveco Group NV's defense unit has sent the firm's shares to a record high. The company develops and manufactures specialized vehicles for defense and civil protection and has expanded into artificial intelligence and software technologies. It's said to be seeking up to €1.5 billion for its military unit. Mutares SE unlocked a spectacular return when the private equity firm listed Steyr Motors on the Frankfurt Stock Exchange in October. Steyr, formerly a struggling Austrian engine maker, is closing in on a 300% gain this year. Avio SpA, an Italian aerospace company, is exposed to two hot trends: defense and space propulsion. Its shares have surged over 50% this year. Avio says it is a key service partner to Italy's air force, manufacturing, designing and servicing the EJ200 engines for the Eurofighter Typhoon, among others. IT, Cybersecurity, Intelligence, Satellites Eutelsat SA has rallied this year, at one point soaring 300%, as investors saw it as likely to play a role in a new European military intelligence satellite network. The firm has put itself forward as an alternative to Starlink in Ukraine. Still, the shares have erased a large portion of their gains since the initial enthusiasm, weighed down partly by concerns around the company's debt. OHB SE, another satellite company, has also surged, and is regarded as a potential beneficiary of German investment after the Bremen-based manufacturer won a €2.1 billion order last year. Cohort Plc, a UK defense company based in Reading, has seven businesses specializing in areas such as satellite communications, surveillance, sonar systems, fire control and electronic warfare. Its shares rose 96% in 2024 and are up another 43% this year. Indra Sistemas SA, a Spanish IT firm which makes radar air defense systems, has more than doubled this year. Its chairman said in May that the firm also plans to build tanks. 'Accessories like telecommunications, radars, encryption — all of this is a big part of the value of the vehicle — and we were missing the other part,' Indra's Angel Escribano said last month. Shares in Mildef Group AB, a Swedish developer of military-grade laptops, tablets and tracking solutions, are up almost 80% this year, paring some of their advance on June 3 after CEO Daniel Ljunggren sold a third of his stake in the company. Headsets, Breathing Gear Invisio AB, another Swedish company, is the self-proclaimed global market leader in tactical communication and hearing protection systems. Its website features images of khaki headsets, intercom systems and cables. Its shares have climbed almost 30% since the year began. German medical equipment company Draegerwerk AG, whose breathing gear turned it into a Covid pandemic beneficiary, is up more than 50% so far in 2025. The company 'is positioning itself in the defense sector by leveraging its expertise in air filtration, sensor technology, and personal protective equipment,' Warburg analysts wrote in April. The two are part of the growing ranks of listed companies producing military gear, vehicles and weapons, and whose shares are surging as investors position for sustained defense spending by governments. 'The nature of warfare is changing,' said Graeme Bencke, a fund manager at Amati Global Investors Ltd. 'Things like space and cyber are increasingly important, as well as battlefield communication and autonomous vehicles.' --With assistance from Lisa Pham, Julien Ponthus and Julius Domoney. Cavs Owner Dan Gilbert Wants to Donate His Billions—and Walk Again YouTube Is Swallowing TV Whole, and It's Coming for the Sitcom Millions of Americans Are Obsessed With This Japanese Barbecue Sauce Is Elon Musk's Political Capital Spent? Trump Considers Deporting Migrants to Rwanda After the UK Decides Not To ©2025 Bloomberg L.P. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
