FY EBITDA came above market expectations
FY23 EBITDA was EUR65m and came in 10% above market expectations. The navigation and robotics division led the charge with an EBITDA margin of 21.7% despite being seriously impacted by heavy call for tender costs (EUR4m). The advanced technologies division reached an EBITDA margin of 16.9%, somewhat below expectations. In that division, due to lack of traction the autonomous drone business line will be discontinued.
Heavy tender activity continuing, Exa ....
01 Apr 2024
Order intakes should continue expanding quickly
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Order intakes should continue expanding quickly
Exail Technologies SA (EXA:PAR) | 0 0 0.0%
- Published:
01 Apr 2024 -
Author:
Gelebart Laurent LG | Lahmidi Mourad ML -
Pages:
9
FY EBITDA came above market expectations
FY23 EBITDA was EUR65m and came in 10% above market expectations. The navigation and robotics division led the charge with an EBITDA margin of 21.7% despite being seriously impacted by heavy call for tender costs (EUR4m). The advanced technologies division reached an EBITDA margin of 16.9%, somewhat below expectations. In that division, due to lack of traction the autonomous drone business line will be discontinued.
Heavy tender activity continuing, Exa ....