Theon International Plc (THEON) has confirmed receiving approximately €50 million in new orders. These consist of a diverse range of products and stem from several smaller contracts and direct procurements, mainly from customers across Europe. Most of these orders are scheduled for fulfillment by year-end, reinforcing expectations of achieving the upper limit of the company’s full-year target of €430 million.
This influx of orders helps refill THEON’s delivery pipeline for the first half of 2025. The company now awaits the outcomes of several larger-scale tenders, particularly those linked to its digital A.R.M.E.D. product line.
