• Calibre published its 2025 annual report, highlighting a major balance-sheet overhaul tied to the unwind of the ORA BSA 2022 program.
• The restructuring shifted creditor claims into a mix of cash repayment and new “obligations simples,” with an additional 2025 bond issue added.
• The group exited several operations from consolidation following court-led liquidations, including Verney-Carron and Microtrade, reshaping the perimeter.
• Management also moved to curb dilution through a buyback of BSA 2022 instruments, while rebranding the company from Cybergun to Calibre.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Calibre SA published the original content used to generate this news brief on August 03, 2026, and is solely responsible for the information contained therein.