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Australian defence company Electro Optic Systems has moved to clarify media speculation regarding a possible move of the company’s headquarters to Europe.
Recent media speculation had suggested that the company was “very likely” to move its headquarters and stockmarket listing from Australia to Europe within a year to capitalise on defence demand in Europe.
In response to the speculation, the company released a statement on 2 February this year.
“The board has made no unannounced decisions in relation to changing the location of EOS’ corporate headquarters or stockmarket listing and the board currently has no plans under consideration in this regard,” according to the ASX statement.
“Any such decisions would only be made by the board after full and comprehensive consideration of the merits of each location and the impact on customers, shareholders, employees and other stakeholders.”
The company has also confirmed that it expects continued high growth in global market demand for defence technology, particularly in Europe, over the next five to 10 years. In addition, EOS will aim to capitalise on these expected market growth opportunities by continuing to grow its presence in Europe.
“EOS regularly considers a wide range of factors that contribute to maximising shareholder value. EOS will continue to consider ways to optimise future growth prospects, including in Europe, during 2026 and beyond,” according to the statement.
“This may lead to changes in EOS’ market presence, production facilities, equity listing, headquarters, operating locations, business portfolio and/or other aspects of the EOS business in the future.
“EOS will continue to assess potential growth opportunities and the best way to realise these and will keep the market informed as any changes arise.
“EOS believes that the strong market and growth in its order book in 2025 could lead to further expansion of the company’s activities across various locations in the future, including in Europe, the United States, the Middle East, south-east Asia and Australasia.
“EOS continues to develop other growth opportunities with customers in Europe and elsewhere.”
