Novatech Industries: directors' dealings · France · AMF

About Novatech Industries

Novatech Industries is a French listed company on Euronext Access Paris, identified by ISIN FR0000185464 and ticker MLNOV. Headquartered in Lannion, Brittany, the group has established itself as a recognized player in European electronics, specializing in the design, industrialization, and manufacturing of complex electronic boards and systems (EMS). According to the company’s own corporate communications, Novatech was founded in 1985 in Lannion, at the heart of a technology cluster, and has been supporting customers for around 40 years. This long operating history has helped build credibility in demanding industrial segments where technical depth, quality, and execution reliability are essential. The group operates through two entities, Novatech Industries and Novatech Technologies, with three production sites totaling 17,000 square meters and around 400 employees. Novatech Industries alone employs about 100 people across two production sites covering 5,000 square meters, while its engineering office is located in Lannion. The company positions itself as one of the few players capable of designing and manufacturing high-specification boards and systems for constrained environments, which places it in higher value-added niches of the electronics supply chain. Its end markets span aerospace, defense, naval, medical, mobility, energy, and industrial applications. Novatech emphasizes an integrated offering covering the full chain from engineering to manufacturing, supported by additional services such as logistics, reporting and analytics, redesign, direct-to-customer delivery, maintainability, obsolescence management, and rework. This broader service scope strengthens the company’s value proposition for major OEMs and industrial customers seeking a long-term electronics partner rather than a pure contract manufacturer. From a financial perspective, Novatech Industries reported 2024 standalone revenue of €14.1 million and consolidated revenue of €63.4 million. Management highlighted particularly strong growth in defense during 2024, while industrial activity declined and medical and oil-related activities remained stable. Export output increased sharply, suggesting that the group is progressively expanding its geographical footprint. The company also presents a structured CSR approach built around four pillars: environmental impact, social and human rights, ethics, and responsible purchasing. Finally, Novatech’s deep roots in Brittany, its “Made in France” positioning, and its focus on innovation and technical know-how remain key differentiators in the specialized electronics outsourcing market.