Stock Market: Exosens makes a smashing debut this Friday!

In a world where security and technology go hand in hand, Exosens, formerly known as Photonis, makes a notable entry into the financial market. Specializing in light intensification, this French company has announced its listing on the Paris stock exchange, marking a decisive turning point in its history.

Exosens makes its grand entry into the stock market this Friday!

On the eagerly awaited Friday, Exosens launched its initial public offering (IPO) on the Paris stock exchange, with a share price set at 20 euros, aiming for a total fundraising of 300 million euros. This major financial operation aims to support the company’s growth and finance future acquisitions to integrate complementary technologies into its activities.

Exosens’s stock market listing is a key event for the HLD group, the European fund that controls the company. After the French state’s block of its sale to American Teledyne in the name of national sovereignty, this IPO represents an affirmation of Exosens’s independence and ambition on the international scene.

Bpifrance Participations is also expected to play a significant role, with a planned participation of 4.5% of the capital at the end of the public offering. This indicates institutional investors’ confidence in Exosens’s growth potential.

A French company at the forefront of technology!

Exosens stands out in the defense sector with its advanced technologies that make visible what escapes the human eye. Its light intensifier tubes are essential for equipment such as night vision goggles, a crucial tool for military and surveillance operations.

The company has seen impressive growth, with a turnover of 319 million euros in 2023 and an Ebitda margin of 29%. With its market entry and favorable market prospects, Exosens forecasts organic growth in its business in 2024 at the high end of the 15-20% range and a total turnover increase of around 30%.

In summary, Exosens’s entry into the Paris stock exchange is a strong signal for the defense sector and for the French economy. With a clear strategy and innovative technology, Exosens is well-positioned to navigate the complex stock market landscape and continue offering advanced security solutions for a safer world.