Latest news with #orderintake
Wall Street Journal
6 days ago
- Business
- Wall Street Journal
ABB Posts Higher Profit, Record-High Order Intake
ABB second-quarter profit rose on an improved performance with a record-high order intake. The Swiss industrial-technology company on Thursday said second-quarter net profit rose to $1.15 billion from $1.10 billion in the prior year, on revenue that grew 8% on a comparable basis to $8.90 billion.
Globe and Mail
23-06-2025
- Business
- Globe and Mail
THEON secures c.€50 million new orders, directing revenue guidance to the upper range (€430 million)
Bloomberg (THEON:NA) / Reuters ( Most new orders to be delivered in FY 2025 Total order intake in FY 2025 already surpassed €160 million, with additional embedded options of c.€100 million Increased traction for digital products is expected to lead to further new orders soon 23 June 2025 – Theon International Plc (THEON) announces new order intake of c.€50 million. These orders consist of a balanced selection of products and originate from various small tenders and direct orders, primarily in Europe. Most of these orders are projected to be delivered by the end of the year, bolstering confidence in reaching the upper range of the guidance, which is set at €430 million. With these orders, THEON has replenished the deliveries for the first half of 2025 and is entering a period where the outcome of several new larger size tenders is anticipated, especially concerning its digital A.R.M.E.D. products. 'The first half of the year has shown significant activity so far. As we commence the second half of the year, we are strategically positioned to secure substantial new orders as anticipated. Our customers are very satisfied with the performance of our new A.R.M.E.D. products and we expect them to place more orders in the future establishing them as the fastest growing segment of our business', said Philippe Mennicken, Deputy CEO and Business Development Director of THEON. For inquiries, please contact: About THEON GROUP THEON GROUP of companies develops and manufactures cutting-edge night vision and thermal Imaging systems for Defense and Security applications with a global footprint. THEON GROUP started its operations in 1997 from Greece and today occupies a leading role in the sector thanks to its international presence through subsidiaries and production facilities in Greece, Cyprus, Germany, the Baltics, the United States, the Gulf States, Switzerland, Denmark, Belgium, Singapore and South Korea. THEON GROUP has more than 200,000 systems in service with Armed and Special Forces in 71 countries around the world, 26 of which are NATO countries. ΤΗΕΟΝ ΙΝΤΕRNATIONAL PLC has been listed on Euronext Amsterdam (AMS: THEON) since February 2024. Attachment
Yahoo
23-06-2025
- Business
- Yahoo
THEON secures c.€50 million new orders, directing revenue guidance to the upper range (€430 million)
PRESS RELEASE Bloomberg (THEON:NA) / Reuters ( new orders to be delivered in FY 2025 Total order intake in FY 2025 already surpassed €160 million, with additional embedded options of c.€100 million Increased traction for digital products is expected to lead to further new orders soon 23 June 2025 – Theon International Plc (THEON) announces new order intake of c.€50 million. These orders consist of a balanced selection of products and originate from various small tenders and direct orders, primarily in Europe. Most of these orders are projected to be delivered by the end of the year, bolstering confidence in reaching the upper range of the guidance, which is set at €430 million. With these orders, THEON has replenished the deliveries for the first half of 2025 and is entering a period where the outcome of several new larger size tenders is anticipated, especially concerning its digital A.R.M.E.D. products. 'The first half of the year has shown significant activity so far. As we commence the second half of the year, we are strategically positioned to secure substantial new orders as anticipated. Our customers are very satisfied with the performance of our new A.R.M.E.D. products and we expect them to place more orders in the future establishing them as the fastest growing segment of our business', said Philippe Mennicken, Deputy CEO and Business Development Director of inquiries, please contact: Investor RelationsNikos MalesiotisE-Mail: ir@ +30 210 6772290 Media ContactElli MichouE-Mail: press@ +30 210 6728610 About THEON GROUPTHEON GROUP of companies develops and manufactures cutting-edge night vision and thermal Imaging systems for Defense and Security applications with a global footprint. THEON GROUP started its operations in 1997 from Greece and today occupies a leading role in the sector thanks to its international presence through subsidiaries and production facilities in Greece, Cyprus, Germany, the Baltics, the United States, the Gulf States, Switzerland, Denmark, Belgium, Singapore and South Korea. THEON GROUP has more than 200,000 systems in service with Armed and Special Forces in 71 countries around the world, 26 of which are NATO countries. ΤΗΕΟΝ ΙΝΤΕRNATIONAL PLC has been listed on Euronext Amsterdam (AMS: THEON) since February Attachment THEON secures c.€50 million new orders, directing revenue guidance to the upper range (€430 million)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
23-06-2025
- Business
- Yahoo
THEON secures c.€50 million new orders, directing revenue guidance to the upper range (€430 million)
PRESS RELEASE Bloomberg (THEON:NA) / Reuters ( new orders to be delivered in FY 2025 Total order intake in FY 2025 already surpassed €160 million, with additional embedded options of c.€100 million Increased traction for digital products is expected to lead to further new orders soon 23 June 2025 – Theon International Plc (THEON) announces new order intake of c.€50 million. These orders consist of a balanced selection of products and originate from various small tenders and direct orders, primarily in Europe. Most of these orders are projected to be delivered by the end of the year, bolstering confidence in reaching the upper range of the guidance, which is set at €430 million. With these orders, THEON has replenished the deliveries for the first half of 2025 and is entering a period where the outcome of several new larger size tenders is anticipated, especially concerning its digital A.R.M.E.D. products. 'The first half of the year has shown significant activity so far. As we commence the second half of the year, we are strategically positioned to secure substantial new orders as anticipated. Our customers are very satisfied with the performance of our new A.R.M.E.D. products and we expect them to place more orders in the future establishing them as the fastest growing segment of our business', said Philippe Mennicken, Deputy CEO and Business Development Director of inquiries, please contact: Investor RelationsNikos MalesiotisE-Mail: ir@ +30 210 6772290 Media ContactElli MichouE-Mail: press@ +30 210 6728610 About THEON GROUPTHEON GROUP of companies develops and manufactures cutting-edge night vision and thermal Imaging systems for Defense and Security applications with a global footprint. THEON GROUP started its operations in 1997 from Greece and today occupies a leading role in the sector thanks to its international presence through subsidiaries and production facilities in Greece, Cyprus, Germany, the Baltics, the United States, the Gulf States, Switzerland, Denmark, Belgium, Singapore and South Korea. THEON GROUP has more than 200,000 systems in service with Armed and Special Forces in 71 countries around the world, 26 of which are NATO countries. ΤΗΕΟΝ ΙΝΤΕRNATIONAL PLC has been listed on Euronext Amsterdam (AMS: THEON) since February Attachment THEON secures c.€50 million new orders, directing revenue guidance to the upper range (€430 million)Sign in to access your portfolio
Daily Mail
03-06-2025
- Business
- Daily Mail
Chemring boasts record order book as global military spending swells
Chemring boasted record order intake and order book size in the first half as global defence spending continues to rise amid tensions in Europe and the Middle East. The aerospace and defence contractor on Tuesday revealed its order intake totalled £488million in the six months ending April, a 42 per cent annual increase. This contributed to the Hampshire-based company's order book growing by a quarter to £1.3billion, the highest in its history. Multi-year purchases helped Chemring's order intake soar by over two-thirds to £418million in its countermeasures and energetics segment. Its Scotland-based business secured a £23million deal to supply components used in the Next Generation Light Anti‐Tank Weapon system and an £11million deal from the Ministry of Defence for various air countermeasures. Chemring's Norwegian subsidiary, Chemring Nobel, also struck a £278million deal with Diehl Defence to provide MCX, a type of explosive material used in munitions. But overall revenues rose by just 5 per cent to £234.3million due to a weaker performance from its sensors and information segment. The FTSE 250 firm said the division's rate of new order placement had slowed amid delays by the UK Government in the publication of its strategic defence review. However, the group saw its total underlying operating profits expand by 8 per cent to £27.1million and kept its guidance for 2025 unchanged. Michael Ord, chief executive of Chemring, said: 'Both sectors benefitted from the receipt of several significant orders in the period, evidencing confidence in our market-leading products and services. 'With growing geopolitical uncertainty resulting in increased defence expenditure, particularly across NATO, the group is well positioned, with a strong and sustainable platform to increase revenue to £1billion by 2030.' Global military expenditure went up by 9.4 per cent to $2.7trillion last year, according to the Stockholm International Peace Research Institute, as wars raged in Ukraine and the Middle East, and concerns remained elevated over China's intentions towards Taiwan. Total spending by NATO member states grew to $1.5trillion, partly driven by European countries ramping up spending following pressure from US President Donald Trump for them to bear a greater share of the defence burden. British defence giants, such as BAE Systems, Babcock, and Chemring, have been major beneficiaries of this added spending, which has led to their share prices jumping considerably. Chemring Group shares were the FTSE 250's top riser on Tuesday morning, rising by 6.3 per cent to 517p, meaning they have leapt by approximately 58 per cent since the year began.
