THEON INTERNATIONAL, a manufacturer of night vision and thermal imaging systems for defence and security applications with a global footprint, announced it has been included in the Euronext Tech Leaders segment, as part of the initiative dedicated to fostering high-growth and leading tech companies.
Launched in June 2022, the Euronext Tech Leaders initiative is supported by a strong network of partners and aims to recognise and support top-tier tech companies listed on Euronext markets. It features a segment of over 110 European high-growth and leading companies, an index, and a comprehensive suite of services designed to support participants throughout their listing journey.
THEON has recently presented a Q1 2024 trading update achieving outstanding performance vs previous year, resulting in revenue of €75.8 million, a record Q1, reflecting a 180% growth compared to Q1 2023, and adj. EBIT of €17.2 million. Demonstrating resilience, adaptability, and a commitment to innovation, THEON has achieved this unprecedented success due to new contracts that the company has managed to sign during Q1. By joining the Euronext Tech Leaders, THEON gains access to an extensive ecosystem tailored to the tech sector. This includes engagement with a broad, international investor base financing tech companies of varying growth stages.
Dimitris Parthenis, Chief Financial Officer of THEON, commented: “We are excited about the opportunities this inclusion brings and look forward to leveraging the resources and network provided by the Euronext Tech Leaders initiative to drive further growth and innovation in the tech sector.”
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