NATO demand drives Exosens's revenue in first quarter
28/04/2025 06:30
April 28 (Reuters) - France's Exosens EXENS.PA on Monday confirmed its strong full-year guidance and reported first-quarter revenue slightly ahead of expectations as demand from NATO and Tier-1 allies' forces drove growth. The firm, which supplies night vision systems to NATO, posted first-quarter revenue of 104.9 million euros ($119.33 million), slightly ahead of 101 million euros in an LSEG poll of analysts. Its amplification business, which produces the Photonis night vision systems, posted a 29% revenue increase to 81.7 million euros in the quarter. Exosens reiterated its full-year outlook and expects its revenue to grow in a high-teens percentage and adjusted core earnings (EBITDA) to rise by a low-twenties percentage. ($1 = 0.8790 euros) (Reporting by Paolo Laudani in Gdansk) ((Paolo.laudani@thomsonreuters.com))