French drone maker Parrot posts a rise in first-quarter revenue
15/05/2025 06:37
May 15 (Reuters) - French drone maker Parrot PARRO.PA on Thursday reported a rise in its first-quarter revenue, propelled by a surge in European defence budgets. The company, which makes lightweight drones and mapping software, reported first-quarter revenue of 18.4 million euros ($20.59 million), 17% up from the same period a year earlier. ($1 = 0.8937 euros) (Reporting by Anna Peverieri; Editing by Christopher Cushing) ((Anna.Peverieri@thomsonreuters.com;))