Drone Volt: targets confirmed after record 1st half-year

(CercleFinance.com) - Drone Volt confirmed its growth targets on Thursday evening, following a record first-half performance.


The manufacturer of professional civil UAVs recorded consolidated sales of 23.4 million euros for the first six months of the year, up 47%.

The aeronautical manufacturer points out that this performance is already almost equivalent to the record set for the full 2023 financial year (23.9 million euros).

Gross operating income (Ebitda) was virtually unchanged year-on-year, at 1.1 million (-2%), as additional costs were absorbed by the ramp-up of its offerings.

In its press release, Drone Volt expresses confidence in its commercial prospects and the achievement of positive Ebitda as early as 2025, a threshold which the company considers to be "an essential milestone" in its development.

In a reaction note, analysts at All Invest Securities commented on the results, which "augur well for the future, as sales momentum has been gaining traction in recent months".

Despite this encouraging publication, Drone Volt's share price lost 6% on the Paris Bourse on Friday.

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