PARROT overview

PRESS RELEASE May 16, 2024 - 8:00am CET 2024 FIRST-QUARTER BUSINESS Consolidated revenues of €15.8m Positive commercial trends for professional microdrones The Parrot group, a European leader for professional microdrones, recorded €15.8m of consolidated revenues for the first quarter of 2024, down 5% (same at constant exchange rates). Commercial trends are positive for professional microdrones (+4%) and the Photogrammetry business is looking ahead to the impact of the innovations launched in...

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...