Exosens Q3 revenue rises 23.5% on stronger demand, capacity ramp-up
Exosens Q3 revenue rises 23.5% on stronger demand, capacity ramp-up Oct 26 (Reuters) - French detection and imaging technology company Exosens EXENS.PA on Tuesday posted a 23.5% rise in its third-quarter revenue, driven by stronger demand for its products and faster-than-expected European capacity ramp-up.
The company, which develops imaging sensors and detection systems for defence, nuclear and life-science markets, has benefited from strong demand due to higher global defence spending.
Exosens reported revenue of €386.9 million ($432 million) for the first nine months of 2026, up 18% from a year earlier
The group confirmed its 2026 guidance, which it had upgraded twice this year
It said it was on track to increase its image intensifier tube capacity by 40% in Europe and the US by 2027, and meet its capacity targets for thermal and cooled infrared cameras
CEO Jerome Cerisier said that additional European capacity for image intensifier tubes, used to make night vision goggles for the military, was ramping up ahead of plan
($1 = 0.8946 euros)
(Reporting by Hugo Lhomedet, Ronan Corcoran and Matthieu Huchet in Gdansk; editing by Anna Pruchnicka)
((hugo.lhomedet@thomsonreuters.com))
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