Exail Technologies: change of ICB sector

(CercleFinance.com) - Exail Technologies has announced that its shares will be reclassified in the Industry Classification Benchmark (ICB), used by Euronext to identify companies whose shares are listed on its markets, with effect from March 24.


The previous classification 'Machinery : Industrial' was no longer appropriate, following the Group's refocusing on autonomous robotics and navigation systems. The new classification in the Defense sub-sector (code 50201020) thus reflects its current dynamics more accurately.

Managed by the FTSE Group and used by numerous stock exchanges including Euronext, the ICB system categorizes over 70,000 companies and 75,000 securities worldwide, enabling them to be compared across four levels of classification.

Copyright (c) 2025 CercleFinance.com. All rights reserved.