Egide (ALGID) H1 2025 TU earnings summary

Executive summary

• Consolidated revenue for H1 2025 reached €15.6M, up 1% year-over-year, marking a return to growth after a challenging 2024.

• Strong performance in thermal imaging and new applications, driven by successful diversification.

• Growth in Europe (+53%) and stable position in North America offset declines in Asia due to geopolitical factors.

Financial highlights

• Egide SA revenue grew 11% year-over-year to €7.81M; Egide USA up 10% to €5.67M; Santier declined 36% to €2.08M.

• Thermal imaging revenue surged 59% to €6.8M, now 44% of total revenue.

• Power and RF/MW segments declined by 32% and 37% respectively.

• New applications (thermal batteries, firing systems) grew 9%, now 14% of revenue.

Outlook and guidance

• H2 2025 revenue expected to slightly exceed H1, confirming gradual recovery and growth trajectory.

• Continued focus on diversifying customer base and strengthening presence in defense and aerospace.