Acceleration in Q4 2023: +18% revenue and +20% order intake
Published on February 26, 2024 – News
Exail Technologies generated €104 million in revenue in the 4th quarter 2023, an increase of +18% compared to the 4th quarter 2022.
This quarter was marked by the good acceleration of production, enabling the group to achieve the annual target with +16% growth over the whole of 2023.
Driven by the good momentum of the Group’s markets, the commercial activity delivered a solid performance with €124 million in new orders in the 4th quarter, including a new contract for underwater mine countermeasures in the United Arab Emirates for €28 million.