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  EXAIL TECHNOLOGIES (ex GROUPE GORGE) company press release from 26/07/2023

  26/07/2023 - 17:45

Exail Technologies: revenues increasing by 19% in the second quarter 2023

Press release

Paris, 26 July 2023 at 18h



Exail Technologies generated revenues of €85 million in the second quarter 2023, up +19% compared to the second quarter 2022 proforma. The growth in order intake was also strong, up 17%, with €83 million signed this quarter. The high order backlog and the dynamism of the Group's markets provide good visibility for the second half of 2023, enabling to confirm the 2023 guidance. In this context, Exail Technologies has slightly increased its stake in its subsidiary Exail Holding.


Exail Technologies now presents its revenues into two complementary and vertically integrated business segments:


  • The Navigation & Maritime Robotics segment includes the group's two main activities, vertically integrated: the sale of navigation systems, positioning systems, and sonars; and the commercialization of drones and autonomous drone systems for maritime applications, integrating the group's navigation systems and other equipment in order to offer the most effective robotic solutions.

H1 2022 sales published last year amounted to €96.6m. After IFRS 5 restatement, H1 2022 sales amounted to 63.3 M€.

[2] Light Detection and Ranging: laser-based distance detection and estimation used in a wide range of applications such as vehicle guidance, mapping, speed measurement, etc.

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