FY2025 Results
• Revenue up (+€28.0 million), driven by demand in the defense and rail sectors, as well as the integration of FDB Industries during the fiscal year;
• EBITDA down to -€19.8 million, impacted by operational constraints and increased operating expenses;
• Continued sales momentum in 2026 for the defense and rail businesses;
• Implementation in April 2026 of a new bond financing of up to €45 million to support the Group's continued development;
• Ongoing discussions regarding the sale of the defense-related businesses;
• Insolvency proceedings initiated for the subsidiary Satma Industries and liquidation proceedings for the subsidiary FP Industries.
Read the press release (in French)
Implementation of a new bond financing and postponement of the publication of the Group’s 2025 financial statements
- Bond financing with a maximum nominal amount of €45 million over 36 months, in the form of OCBSA (bonds convertible into shares with warrants), implying potential dilution of more than 99% of the share capital
- Postponement of the publication of the Group’s 2025 financial statements
Read the press release (in French)