Half-year results 2024: current EBITDA margin of 19% and strong improvement in operating cash flows

Published on September 25, 2024 – News

K-STER underwater drone

Exail Technologies achieved a good performance in the first half of 2024 given the announced stability of the Maritime robotics activity. Order intake continues to increase, with 16% growth. This strong commercial momentum continues in the second half with, in July, the largest order in the group’s history in terms of the number of robots for €60 million. This marks the change in scale of the business to industrial production. The group’s activity remains largely driven by exports, which represent nearly 90% of the company’s orders.

The first half is also marked by an improvement in cash flow generated by the activity, which improves by €27 million compared to the first half of 2023.