{"id":75496,"date":"2026-05-05T22:09:52","date_gmt":"2026-05-05T22:09:52","guid":{"rendered":"https:\/\/ciaoup.it\/?p=75496"},"modified":"2026-05-05T22:09:52","modified_gmt":"2026-05-05T22:09:52","slug":"theon-announces-q1-2026-trading-update","status":"publish","type":"post","link":"https:\/\/ciaoup.it\/?p=75496","title":{"rendered":"THEON announces Q1 2026 Trading Update"},"content":{"rendered":"

COMUNICATO STAMPA – CONTENUTO PROMOZIONALE<\/p>\n

PRESS RELEASE\u00a0<\/p>\n

Bloomberg (THEON:NA) \/ Reuters (THEON.AS)\u00a0<\/p>\n

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5 May 2026 \u2013\u00a0Theon International Plc\u00a0(THEON) publishes its Q1 2026 Trading Update. The results and activity reflect another period of consistent delivery on promises, with THEON remaining highly confident in its FY 2026 Guidance and Medium-Term Targets.\u00a0<\/p>\n

Theon has entered Q2 2026, actively pursuing actively pursuing numerous opportunities across multiple areas to sustain high organic growth, in line with its Medium-Term organic growth commitment of above 15%. THEON is confident in maintaining its Book-to-Bill Ratio of above 1.0x and strong backlog, with structural growth trends and the move towards longer-term framework agreements to provide greater visibility than historically.\u00a0<\/p>\n

In parallel, inorganic growth contributes to THEON\u2019s growth trajectory; Monday\u2019s announcement of MERIO is the latest development, with an active pipeline of acquisitions and strategic partnerships expected to be finalized throughout the year.\u00a0<\/p>\n

Financial Summary\u00a0<\/p>\n

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\n1Reflects a change in accounting policy to include the Group\u2019s share of profits from core equity-\u00a0\u00a0 accounted investees within operating profit, adopted in Q2 2025 – effective from 1 January 2025.\u00a0<\/p>\n

\n2Net income and EPSof Q1 2026 include the impact of the mark\u2011to\u2011market valuation of our investment in Exosens, which is classified as a financial asset measured at fair value through profit or loss.\u00a0<\/p>\n

\n3Defined as (Adjusted EBITDA – Capex) \/ Adjusted EBITDA\u00a0<\/p>\n

\n4 Includes net proceeds of \u20ac147.7 million from the rights issue offering completed in December 2025\u00a0<\/p>\n

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Key Highlights\u00a0<\/p>\n

Financial Highlights\u00a0<\/p>\n

Operational and Strategic Highlights\u00a0<\/p>\n

Corporate Highlights\u00a0<\/p>\n

The full Q1 2026 Trading Update is available on the Company\u2019s website and can be found here
\n\u00a0<\/p>\n

Group Outlook\u00a0<\/p>\n

Guidance remains unchanged, and is per the below:\u00a0<\/p>\n

Christian Hadjiminas, Founder and CEO of THEON, stated: \u201cQ1 2026 demonstrates once again the resilience, diversification and huge growth potential of our business. While order intake was softer year-on-year due to market seasonal patterns and phasing of contracts, momentum is building and strong inflow of orders is expected over the coming quarters. On our 32% revenue growth, this represented both increased product and geographic diversification, with platform products now contributing to our top line, in line with our commitment to our investors. On M&A, we remain highly active, our agreement to acquire 80% of MERIO is a strategically significant move, giving THEON a direct presence in the drone and light aerial platform segment as warfare tactics continue to evolve rapidly. Looking ahead, we will continue to advance our technological capabilities and execute on our growth strategy, progressing toward our \u20ac1 billion revenue target by 2029.\u201d\u00a0<\/p>\n

\u00a0<\/p>\n

For inquiries, please contact:\u00a0<\/p>\n

About THEON GROUP\u00a0<\/p>\n

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 280,000 systems in service with Armed and Special Forces in 72 countries around the world, 26 of which are NATO countries. \u03a4\u0397\u0395\u039f\u039d \u0399\u039d\u03a4\u0395RNATIONAL PLC has been listed on Euronext Amsterdam (AMS: THEON) since February 2024.www.theon.com
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immediapress\/globenewswire<\/p><\/p>\n

\n\t\t<\/a>\n\t\t<\/div>","protected":false},"excerpt":{"rendered":"

COMUNICATO STAMPA – CONTENUTO PROMOZIONALE PRESS RELEASE\u00a0 Bloomberg (THEON:NA) \/ Reuters (THEON.AS)\u00a0 \u00a0 5 May…<\/p>\n","protected":false},"author":3,"featured_media":75497,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12],"tags":[23],"class_list":["post-75496","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-comunicati","tag-immediapress"],"_links":{"self":[{"href":"https:\/\/ciaoup.it\/index.php?rest_route=\/wp\/v2\/posts\/75496","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ciaoup.it\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ciaoup.it\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ciaoup.it\/index.php?rest_route=\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/ciaoup.it\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=75496"}],"version-history":[{"count":1,"href":"https:\/\/ciaoup.it\/index.php?rest_route=\/wp\/v2\/posts\/75496\/revisions"}],"predecessor-version":[{"id":75512,"href":"https:\/\/ciaoup.it\/index.php?rest_route=\/wp\/v2\/posts\/75496\/revisions\/75512"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ciaoup.it\/index.php?rest_route=\/wp\/v2\/media\/75497"}],"wp:attachment":[{"href":"https:\/\/ciaoup.it\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=75496"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ciaoup.it\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=75496"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ciaoup.it\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=75496"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}