We are pleased to welcome you to the THEON´s Investor Relations website.
This section presents the latest corporate developments, financial data, and other
pertinent details for shareholders and prospective investors.
THEON is a premier developer and manufacturer of Night Vision and
Thermal Imaging systems for defense and security applications, with a robust global
footprint. Established in 1997 in Greece, THEON has emerged as an
industry leader, maintaining offices in Greece, Cyprus, the USA, the UAE,
Switzerland, and Singapore. We also operate 3 production facilities
located in Athens, Wetzlar (Germany), and Plymouth (USA), employing
over 350 professionals globally.
With an expansive network of offices and facilities, THEON has successfully delivered
over 200,000 systems to clients in 71 countries, including 26 NATO members. Our
clientele includes numerous Armed Forces and Ministries of Defence worldwide.
Recognizing the increasing importance of night fighting capabilities, THEON is entrusted
to providing advanced night vision and thermal imaging systems, essential for both
special units and regular soldiers. The demand for portable night vision devices has
been growing rapidly, with an annual growth rate exceeding 16%, making it the
fastest-growing product segment in the defense sector.
In recent years, THEON has experienced substantial growth, with sales quadrupling from
€54.2 million in 2020 to €218.7 million in 2023. We anticipate strong growth, supported
by both organic and inorganic strategies. A significant milestone in our ongoing
development was the successful listing of THEON's shares on the regulated market of
Euronext Amsterdam in February 2024, which raised €94 million in net proceeds for new
investments and acquisitions.
THEON's achievements are driven by high-tech engineering, superior and competitive
solutions, strategic planning, and a corporate culture driven by a client satisfaction
mindset, and the professionalism and dedication of our workforce.
At THEON, we are constantly pushing the boundaries of innovation, discipline, hard work
and quality. Our dedication to cutting-edge technology and client satisfaction drives us
to continuously enhance our solutions, ensuring the highest standards in the defense and
security industry.
We warmly invite you to explore our Investors’ Relations website to discover more about
THEON.
Christian
Hadjiminas
CEO