The FY December 2025 Trading update reports continued improvement from the Interims which are in line with market expectations. Revenue advanced 24% to £14.9m, with gross margins stable and an adjusted EBITDA of £1m, which included acquisition costs. 2026 is starting well and with an improved order book.
Petards Rail and Petards Defence continued the recovery progress, with both increasing revenue and profitability compared to 2024. The Rail division EyeTrain systems' revenues increased with hig ....
