Exosens lifts full-year forecasts again on speedy capacity ramp-up (updated)

Exosens SA

17/09/2026 07:12

Adds CEO quote in paragraph 4, additional details on guidance in paragraphs 3, 5 and 6.
Sept 17 (Reuters) - French defence company Exosens EXENS.PA raised its 2026 revenue and core profit targets on Thursday, its second upgrade in as many months, driven by a faster-than-expected ramp-up in production capacity to meet strong demand for its imaging technologies.
The night-vision systems maker now expects annual revenue of between €558 million and €570 million ($640 million and $653 million), and adjusted earnings before interest, taxes, depreciation and amortisation of €186 million to €192 million.
It had previously targeted revenue of €520 million to €540 million and adjusted core earnings of €168 million to €178 million.
"The faster-than-expected ramp-up of additional European production capacity for high-performance image intensifier tubes enables us to meet growing global demand for advanced night vision solutions sooner than anticipated," CEO Jérôme Cerisier said in a statement.
Exosens had already lifted its expectations in July to the upper end of its previous ranges, saying it would triple thermal-camera production capacity in 2026 to meet growing demand from makers of drones and counter-drone systems.
The company confirmed its capital spending target at around 9% of annual revenue, driven by production capacity expansion in Europe and the United States.
($1 = 0.8724 euros)

(Reporting by Dimitri Rhodes in Gdansk, editing by Milla Nissi-Prussak)
((Dimitri.Rhodes@thomsonreuters.com))