The Greek Deal.com
THEON INTERNATIONAL
Incoming orders and backlog for November of approximately $50 million
Theon announced an increase in incoming orders and backlog for November of approximately $50 million in the U.S., European and Middle Eastern markets.
92% jump for revenues in 9 months
THEON continued its growth and profitability in the 9-month period of 2024. New orders increased by 47.4% compared to 9M 2023 to €121 million, with significant new orders expected to be received in the coming months.
Record revenues of €152.3 million in the first half of the year
Theon International, a developer and manufacturer of night vision and thermal imaging systems for defence, recorded an expected record revenue of €152.3 million and an EBIT margin in line with mid-cycle guidance.