FRENCH defense technology group Exosens issued a higher medium-term guidance on Monday, after its net profit from continued operations more than doubled in 2025 driven by very strong demand in the defense and surveillance markets.
The company, which went public in June 2024, expects yearly organic revenue growth of 15 percent, versus a previous target for above mid-single-digit percentage growth. It also raised its organic growth target for earnings before interest, taxes, depreciation and amortization (Ebitda) to more than 15 percent from high single-digits.
Military equipment orders have jumped after Russia’s invasion of Ukraine in 2022 and Washington’s more recent push for European allies to raise their defense spending.
“We saw a marked acceleration in requirements for defense imaging applications and, in particular, in surveillance, where fast-evolving drone threat landscape represents a major structural shift,” Exosens CEO Jerome Cerisier said in a press release.
The maker of night-vision gear and components for scientific instruments reported a net profit of 70.2 million euros ($83.04 million) from continued operations for 2025, up from 34.1 million euros a year earlier, while revenue jumped 22 percent to 468.2 million euros.
Exosens, whose defense business makes up 75 percent of its revenue, proposed an annual dividend of 0.30 euros per share.