(AOF) – Exail Technologies generated 104 million euros in revenue in the fourth quarter of 2023, an increase of 18%. “This quarter was characterized by the good acceleration in production making it possible to achieve the annual objective with 16% growth over the whole of 2023” at 323 million euros, underlines the company specializing in navigation systems and autonomous robotics. Over this period, 124 million euros in new orders were recorded, including a new contract to combat underwater mines in the United Arab Emirates for 28 million euros.
For the year 2023, orders amount to 324 million euros, an increase of 14%.
Over the entire 2024 financial year, Exail Technologies is targeting a double-digit increase in its turnover. Growth in the Navigation & Maritime Robotics division will be driven by Navigation, which is expected to grow by more than 15%. The Advanced Technologies division is also expected to grow by more than 15%.
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