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Nov 3, 2025 12:10 PM

THEON announces Q3 2025 Trading Update and FY 2026 Revenue Target

PRESS RELEASE

Bloomberg (THEON:NA) / Reuters (THEON.AS)

3 November 2025, Theon International Plc (THEON) publishes its Q3 2025 Trading Update, along with its FY 2026 Revenue Target.

Today, THEON increases FY 2025 revenue guidance to €435-445 million, higher than the initial guidance range of €410-430 million. Also, for the first time, THEON presents a revenue target for FY 2026, with revenue in the range of €570-590 million. The company targets at least 20% organic growth, with total growth of c.30% when factoring in the announced acquisition of Kappa Optronics.

Financial Summary

 

9m 2025

9m 2024

Change

Order intake

€232.7 m

€121.0 m

+92.3%

Revenue

€279.3 m

€222.6 m

+25.5%

Adjusted EBIT1

€69.4 m

€52.3 m

+32.8%

Adjusted EBIT margin1

24.8%

23.5%

+1.3 p.p.

Earnings per share

€0.70

€0.56

+25.0%

Capex

€12.5 m

€11.5 m

+8.8%