Egide (ALGID) H2 2025 TU earnings summary

Executive summary

• Consolidated revenue reached €31.34m for 2025, up 4% year-over-year, driven by strategic repositioning and growth in high-tech segments.

• Strong recovery in Europe (+30%) and robust growth in the thermal imaging segment (+56%), now the largest revenue contributor.

• Governance changes included a new CEO and Board, focusing on industrial synergies and critical applications in defense, optronics, and aerospace.

Financial highlights

• Egide SA revenue grew 12% to €16.50m, led by thermal imaging and optronics.

• Egide USA revenue increased 29% to €10.75m, driven by technical applications in defense and aerospace.

• Santier revenue declined 41% to €4.09m due to discontinued high-value programs.

• Thermal imaging segment revenue rose 56% to €14.19m, now 45% of total revenue.

• Revenue by region: Europe +30%, North America -5%, Asia & ROW -5%.

Outlook and guidance

• 2026 priorities include further diversification of the customer base, improved operating performance, and increased industrial synergies.

• Focus remains on key technologies and reducing dependence on a few major accounts.