Exosens drops after half-year results

Exosens SA

28/07/2026 09:54

** Shares in Exosens EXENS.PA fall around 6.6% after the French defence company posted its half year results and announced its intention to triple thermal-camera production capacity in 2026
** "It's just sector rotation because there's nothing in the results that looks bad in any meaningful way. The actual print was bang on expectations for revenue" a Bernstein analyst told Reuters
** The company also said it now expects full-year revenue and adjusted EBITDA to come in toward the upper end of their respective guidance ranges of €520 million-€540 million and €168 million-€178 million
** First-half earnings before EBITDA rose 18.3% to 83.6 million euros ($95.04 million)
** Share on track for its worst day since March 23, when it closed 7.6% lower. 
** Up to the previous session's close, shares were up 29.3%​ YTD
     
     
     
($1 = 0.8796 euros)

(Reporting by Ronan Corcoran and Zakarya Meliani)
((ronan.corcoran@thomsonreuters.com))