Exosens' profit soars as defence market booms

Theon International

23/02/2026 06:15

Feb 23 (Reuters) - French defence technology group Exosens EXENS.PA reported a 22% rise in its annual revenue on Monday, while net profit from continued operations more than doubled.

The maker of night vision gear and components for scientific instruments said its defence business, which accounted for 75% of its revenue, continued to benefit from a very strong market demand.

The company's revenue rose to 468.2 million euros ($553.3 million) last year, compared with 383.4 million euros in 2024, while net profit reached 70.2 million euros.

“We expect to deliver a strong performance in 2026 and, over the medium term, solid average annual organic revenue growth of up to the mid-teens, alongside further profitability improvement and robust free cash flow generation,” Exosens CEO Jerome Cerisier said in a press release.

($1 = 0.8462 euros)

(Reporting by Hugo Lhomedet and Jakob Van Calster in Gdansk; Editing by Milla Nissi-Prussak)

((hugo.lhomedet@thomsonreuters.com))