$NORBT (-3.85%) Great reaction today. I'm staying invested.
The jump in the stock price is primarily due to strong Q3 results:
- 📈 Revenue: +34% to 676.7 million NOK
- 💰 EBIT: +53% to 115.5 million NOK
- Growth across all three business segments.
- New order from Toll4Europe worth NOK 325 million.
- Additional defense contract worth 185 million NOK.
- Special dividend of 2 NOK per share.
For 2026, NORBIT continues to expect revenue of 3.0–3.1 billion NOK and an EBIT margin of 21–22%.
Conclusion: Strong growth, rising profitability, and full order books. Today’s rise in the stock price is fundamentally well-founded. Further developments in the defense sector are likely to be particularly exciting.
Not a buy recommendation—just my assessment.