THEON INTERNATIONAL PLC (THEON), a leading developer and manufacturer of customizable night vision and thermal imaging systems for defense and security applications and EXOSENS, a high-tech company focused on providing mission and performance-critical amplification, detection and imaging devices today announce the signing of a supply agreement.
Theon International plc (THEON), is pleased to announce the acquisition of a 60% controlling stake in Harder Digital group (Harder Digital), a specialised manufacturer of Image Intensifier Tubes (IIT) mainly operative in Germany, through a cash injection of €34 million. This is the first step in THEON’s efforts to secure its supply chain with THEON also working on longer-term commercial agreements with its key suppliers.
THEON delivered a strong trading performance in H1 2024. Order intake grew 35.1% vs H1 2023 to €77.0 million with growth expected to accelerate in the second half of the year. Soft backlog of €427 million provides good visibility for 2024-2025. THEON is well positioned for ongoing and upcoming tenders globally and expects to increase soft backlog in H2 of the year.
THEON INTERNATIONAL PLC (THEON), a leading developer and manufacturer of customizable night vision and thermal imaging systems for defense and security applications with a global footprint, presented at EUROSATORY in Paris, 17-21 June 2024, introducing its A.R.M.E.D. (Augmented Reality Modular Ecosystem of Devices) ecosystem of connected devices that addresses the modern soldiers’ requirements for enhanced situational awareness, fused imagery and interconnectivity.
THEON INTERNATIONAL PLC (THEON), a leading manufacturer of Night Vision and Thermal Imaging systems for defense and security applications with a global footprint, is thrilled to announce its inclusion in the Euronext Tech Leaders segment, as part of the initiative dedicated to fostering high-growth and leading Tech companies.
THEON SENSORS was honored to host a distinguished delegation from the Kingdom of Saudi Arabia, led by H.E. Ahmad Al Ohali, Governor of the General Authority for Military Industries (GAMI). The visit marked a significant milestone in advancing strategic defense collaboration.
THEON INTERNATIONAL PLC published on 23.05.2024 invitation for its Annual General Meeting of Shareholders for the year 2024, to be held on Friday, 14.06.2024 starting at 13:00 hours (EEST, i.e. CEST + 1hr), at 67 Limassol Avenue, Vision Tower 5th Floor, 2121 Aglantzia, Nicosia, Cyprus. The Annual General Meeting can be viewed online through webcast link available at: https://www.theon.com/investors/financial-calendar.
THEON INTERNATIONAL PLC presents its Q1 2024 Trading Update and confirms positive results and remarkable resilience. This is the strongest Q1 ever achieved. Solid backlog allows for better programming and provides lower seasonality of business to achieve the 2024 guidance. Q1 2023 contributed 12.4% to full year revenue while Q1 2024 23.0% based on lower end of the guidance.
