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Brief: Theon Secures Additional Orders Of More Than EUR 50 Mln

March 18 (Reuters) - Theon International Plc THEON.AS:

SECURES ADDITIONAL ORDERS OF MORE THAN €50 MILLION IN Q1 2025

NEW ORDERS PRIMARILY REQUIRE DELIVERIES IN 2025-2026,  INCREASING COVERAGE AT THE BOTTOM OF THE RANGE OF 2025 GUIDANCE TO C.90%

ANTICIPATED INCREASE IN DEMAND, DRIVEN BY THE RECENT GEOPOLITICAL ENVIRONMENT, IS  EXPECTED TO ACCELERATE NEW ORDERS AND EXERCISE OF OPTIONS AT PACE FASTER THAN USUAL

Further company coverage: THEON.AS

 (Gdansk Newsroom)

 ((gdansk.newsroom@thomsonreuters.com; +48 587 785 110;))

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