Exail Technologies (EXALF) Q2 2025 Earnings Call Transcript

Raphaël Gorgé
Chairman & CEO

Thank you for attending this presentation of the half year 2025 results. I am Raphael Gorge, CEO of Exail Technologies.

Loic Le Berre
Deputy Chief Executive Officer of Finance

And I am Loic Le Berre, the CFO.

Raphaël Gorgé
Chairman & CEO

We’ll start with the key takeaways of H1. H1, which was very strong, very strong on the commercial side with new mine-hunting programs. The turnover has grown very significantly, especially on the Q2, where we achieved more than 50% of growth compared to last year. EBITDA is growing even faster than the turnover. And we think that the new trends in the market are opening new opportunities for a very large market in maritime robotics.

Key figures of this semester, EUR 220 million turnover, plus 35%, EUR 44 million current EBITDA, plus 45% and a very significant order intake of more than EUR 600 million. Loic will come back on those numbers later. And also a quick look — if we look back, you can see the very strong historical growth of the order intake, which has been accelerating in 2024 and still growing in 2025 with already in H1 more order intake than on the full year 2024. If we look on the main highlight of the H1, the order intake were driven by Navigation and Robotics segment, more than EUR 550 million of order, which was a very strong growth compared to last year. Numerous orders for