Corrected: Exail's order intake grows 87% propelled by underwater drone technology
18/03/2026 06:00
Corrects headline and paragprah 1 to say order intake grew 87%, not order book. March 18 (Reuters) - French underwater drone maker Exail Technologies EXA.PA said on Wednesday its full-year current core profit grew 40% to 103 million euros ($119 million), with order intake surging 87% to 844 million euros. For 2026, the company forecast revenue growth in a double-digit percentage and current earnings before interest, tax, depreciation and amortisation growth above that of revenues. It continues to target an EBITDA margin of 25%. Revenue in the second half of 2025, at 258 million euros, was better than expected, with drone systems for mine countermeasures as the primary growth driver, Exail said in a press release. ($1 = 0.8664 euros) (Reporting by Hugo Lhomedet and Jakob Van Calster in Gdansk, editing by Milla Nissi-Prussak) ((hugo.lhomedet@thomsonreuters.com))