Key figures for the 1st half of 2025

– Record order intake: more than €600 million in the 1st half of 2025

– Strong revenue growth, up 35%,

– Stronger growth in current EBITDA: +45%, including +54% in the Navigation & Maritime mobotics segment,

– Increased cash flow from operations before WCR: €40 million, up 48%,

– A marked deleveraging, with an improvement in net debt of €34 million over 12 months.

Exail Technologies generated very strong growth in the 1st half of 2025 across all its indicators. Revenues increased by +35%, thanks in particular to the significant order intake generated last year (€451 million in 2024), the ramp-up of maritime robotics programs and the increase in the production rate of navigation equipment. Commercial activity accelerated this half-year with €612 million in new orders, including a new large-scale program worth several hundred million euros.

Other processes for potential orders for the mine countermeasures application have progressed this half-year. They concern new customers who wish to equip themselves, significant additional needs for existing customers as well as the resumption of previous processes that may have been postponed. Some of them could be signed soon.

The strong revenue growth generated significant growth in current EBITDA, which increased by more than 2 points in the main Navigation & Maritime robotics segment. This improvement in profitability has led to a strong increase in cash flow from operation, which, combined with good control of working capital and capex, allows the continuation of the debt reduction trajectory.

These good results are the direct consequence of the commercial dynamism and operational efforts initiated several years ago. For the moment, they incorporate almost no positive effect of new trends in the defense sector. These new trends should fuel the growth of the next five years. The beginning of 2025 revealed new opportunities for Exail Technologies for the future, driven by the rapid increase in defense budgets. The group stands out today as one of the leaders in fast-growing strategic areas: maritime drone systems and critical navigation equipment.