The Republic of Cyprus will have a premier opportunity to participate in the Bahrain International Airshow 2024 for the first time.
THEON INTERNATIONAL PLC (THEON), one of the leading manufacturers of night vision and thermal imaging systems for defence and security applications with a global footprint, has announced its inclusion in the Tech Leaders segment of the Euronext Stock Exchange, as part of the initiative to promote technology companies with high-growth and leadership.
Caption: Dimitris Parthenis, CFO of THEON INTERNATIONAL and his team, struck the Gong during the ceremony the previous morning, in the presence of René van Vlerken (Head of Listings Euronext Amsterdam), to celebrate the company’s inclusion in the Tech Leaders segment of the Euronext Stock Exchange.
The Euronext Tech Leaders initiative, launched in June 2022, is supported by a strong network of partners and aims to recognize and support leading technology companies listed on the Euronext market.
As stated, the initiative features more than 110 European high-growth and technology companies, an index and a comprehensive suite of services designed to support participants throughout their journey to IPO.
THEON recently presented its financial results for Q1 2024, achieving an outstanding year-over-year performance with revenues of €75.8 million, reflecting an increase of 180% compared to Q1 2023 and adjusted EBIT of €17.2 million.
This quarter was the strongest first quarter of a year that has been achieved today by THEON. Demonstrating resilience, adaptability and a commitment to innovation, THEON achieved this unprecedented success by securing new commercial deals during Q1.
By joining Euronext Tech Leaders, THEON gains access to an extensive ecosystem tailored to the technology sector. This includes working with a broad, international base of investors who fund technology companies at various stages of their development.
Dimitris Parthenis, Chief Financial Officer of THEON, commented: “We are excited about the opportunities this membership offers us, looking forward to leveraging the resources and network provided by this Euronext Tech Leaders initiative to further develop and innovate in the technological sector.”
Also read: THEON INTERNATIONAL PLC | Q1 2024 Trading Update achieving outstanding performance
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