Exail Technologies jumps as defence sector boom fuels FY orders, profits

Exail Technologies SA

18/03/2026 08:56

** Shares in Exail Technologies EXA.PA rise around 5% after the French underwater drone maker posted "excellent" results with order intake, core profit surging

** Exail's order intake rises 87% to 844 million euros ($972.46 million), while its FY EBITDA is up 40% to 103 million euros

** "An excellent report from Exail, demonstrating the full strength of its operational leverage and its ability to reduce debt quickly," Portzamparc says

** Exail's net debt falls to 1.1 times EBITDA

** "Business prospects have never looked so promising in the current climate," Portzamparc adds

** TP ICAP Midcap says FCF generation at 45 million euros is a "good surprise"

** Exail says rising geopolitical tensions could prompt some navies to expand procurement and accelerate existing programs

($1 = 0.8679 euros)

(Reporting by Hugo Lhomedet and Jakob Van Calster )

((hugo.lhomedet@thomsonreuters.com))