PARROT overview

PRESS RELEASE Paris, France, March 15, 2024 - 8:00am CET 2023 FULL-YEAR EARNINGS Revenues of €65.0m (-8% at constant exchange rates) 2023 strategic plan effectively reduced costs over the second half of the year Net cash at end-December of €28.1m, in line with the Group’s ambitions for development New Defense & Security microdrone currently being finalized The Parrot group, a European leader for professional microdrones, recorded €65m of consolidated revenues in 2023, down 10% (-8% at...

PRESS RELEASE November 16, 2023, 8:00am CET 2023 THIRD-QUARTER BUSINESS The Parrot group, European leader for professional microdrones, recorded €15.1m of consolidated revenues in the third quarter of 2023, down -31% from the third quarter of 2022, which represented a high basis for comparison. For the first nine months of 2023, consolidated revenues show a year-on-year contraction of -11%. This level of business is in line with the guidance published on October 4, 2023, following deferrals of...

PRESS RELEASE July 28, 2023, 8:00am CET 2023 FIRST-HALF EARNINGS Parrot redefines its industrial organization and structures its operations to reduce its cash consumption The geopolitical and technological trends supporting increased drone use are continuing to be seen. This is illustrated by the tenders benefiting Parrot and the recurring orders received from government institutions and armed forces. This client segment is part of a slow-moving administrative structure, faced with an economic...

PRESS RELEASE May 11, 2023, 8:00am CET 2023 FIRST-QUARTER BUSINESS Consolidated revenue growth of +16%: Commercial m icrodrones +2 2 % - Photogrammetry + 7 % The Parrot group, a European leader for commercial micro drones, recorded €16.7m of consolidated revenues for the first quarter of 2023, up 16%. Sales of commercial microdrones, primarily the ANAFI for security (ANAFI USA) and inspection (ANAFI Ai), are up 22% to represent 56% of the Group’s revenues. The 11 Pix4D software solutions...

PRESS RELEASE Paris, August 18, 2022, 8am CET SALE OF A MINORITY INTEREST Parrot sells its minority stake in Planck Aerosystems Inc. Parrot, the European leader in professional drones, announce that it has reached an agreement with AeroVironment, a global leader in intelligent, multi-domain robotic systems, regarding the sale of its 47.2% stake in Planck Aerosystems Inc, a U.S. company (San Diego, California) in which Parrot had initially invested in 2016. As part of a global asset purchase...

PRESS RELEASE Paris, May 12, 2022, 7am CET 2022 FIRST-QUARTER BUSINESS In the first quarter of 2022, the Parrot Group recorded consolidated revenues of €14.4m, up 60% year-on-year based on its reference scope, presented with the 2021 full-year earnings. Focused exclusively on the design, development and marketing of professional civil drone solutions, combining microdrones and image analysis software, the Group is seeing the benefits of its strategy rolled out since the end of 2018, against a...