Verney-Carron’s 55 employees, the last (and oldest) French manufacturer of small caliber weapons, can breathe a sigh of relief.
They had successfully positioned themselves ahead of Belgian FN Browning, rival group Rivolier (with 320 employees, €150 million in revenue), an equipment and weapons distributor for hunting, security, and defense markets. They collaborated with Czech family office RSBC, also the owner of Slovenian small caliber weapon manufacturer Arex and Austrian weapon manufacturer Steyr.
The figures confirm the turnaround. After a revenue of €3.5 million last year, they are poised to reach €5 million this year. The revenue is roughly the same as in 2023, but with a major difference: in 2024, the net result showed -€4.5 million, while this year it should be close to breaking even according to Arnaud Van Robais, the president of the Rivolier group. This improvement is attributed to salary reduction (12 employees were not retained in the operation) and reorganization.
