Hello everyone, I remain invested.
And I am betting on the blade supplier, which can benefit from the good order situation of its customers, Rheinmetall, Kongsberg, Thales, etc.
(23.11.2025) Kitron today reported solid quarterly sales and profits as well as
record order intake and backlog, driven in particular by increasing demand from customers in the defense/defense
customers in the defense/aerospace market sector.
Kitron's third quarter revenue amounted to 167.8 million euros. In comparison, this figure was
145.1 million in the same quarter of the previous year. The defense/aerospace market sector
showed particularly strong growth.
Operating profit (EBIT) in the third quarter amounted to 14.6 million euros, compared to 10.7 million
million in the same quarter of the previous year. Profitability, expressed as the EBIT margin
margin, amounted to 8.7%, compared to 7.4% in the same quarter of the previous year.
approaching the strategic target of 9 percent.
The order backlog ended at EUR 598 million, an increase of 31% compared to the previous year and
the previous year and 18% compared to the second quarter of this year.
Peter Nilsson, CEO of Kitron, comments:
"The third quarter was characterized by a continued solid performance for Kitron. Our order backlog
reached new highs, driven by rapid growth in demand from our defense customers
. We are actively expanding our capacity, increasing our guidance for
for the full year 2025 and are confident about 2026."
Profit after tax amounted to 9.1 million euros, compared to 6.1 million euros in the
quarter of the previous year. This corresponds to earnings per share of
0.05 euros after 0.03 euros in the previous year.
Outlook
Kitron currently expects revenue for the full year 2025 to be between
700 and 740 million euros. The operating result (EBIT) is expected to be between 59
and 66 million euros. The previous forecast was for sales of between EUR 675 and 725
million euros and an operating result (EBIT) of between 55 and 65 million euros. The
increase is due to rising demand in the defense/aerospace market sector.
Kitron's customers include companies from various industries, including defense and aerospace, medical, industrial and telecommunications.
Defense and aerospace customers:
Lockheed Martin: For the manufacture of electronics modules for the F-35 fighter jets.
Kongsberg Defence & Aerospace: With orders for electronics in various defense systems.
SAAB: For the production of electronics for the JAS 39 Gripen fighter aircraft.
Thales: Regular customer in the defense sector.
Customers from the medical sector:
GE Healthcare: relies on Kitron for the manufacture of its ultrasound equipment.
Industrial customers:
ABB
Volvo
Bombardier
Husqvarna
Other well-known customers
Inmotion: An important supplier of power electronics and electromechanical solutions for industry, particularly in the field of electromobility.
Deeper: A manufacturer of intelligent sonar devices for fishing.
Kitron serves over 250 customers worldwide and often maintains long-term relationships with major international companies in the sectors mentioned.
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