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Theon International Plc ( (NL:THEON) ) has shared an update.
THEON INTERNATIONAL PLC has secured over €50 million in new contracts in Q1 2025, enhancing its soft backlog, while previously announced orders have transitioned to a hard backlog. The orders, primarily from Northern Europe, include Night Vision Goggles and the A.R.M.E.D. product line, reflecting increased demand due to geopolitical factors. The company is well-positioned to meet this demand with its high production capacity and expects further orders and tender announcements in the coming months.
More about Theon International Plc
THEON GROUP develops and manufactures advanced night vision and thermal imaging systems for defense and security applications globally. Established in 1997 in Greece, it has expanded internationally with subsidiaries and production facilities in multiple countries, serving armed and special forces in 71 countries, including 26 NATO members.
YTD Price Performance: 55.80%
Average Trading Volume: 151,557
Current Market Cap: €1.38B
Learn more about THEON stock on TipRanks’ Stock Analysis page.