Kitron reports record orders, raises 2025 outlook on defence/aerospace strength
Kitron announced solid third-quarter 2025 results, with revenues reaching €167.8m, up from €145.1m in Q3 2024, and an EBIT of €14.6m, an increase from €10.7m in the prior year period. The EBIT margin improved to 8.7%, primarily boosted by significant growth in the defence/aerospace sector, which saw an 82% year-over-year revenue increase. Net income for the quarter was €9.1m, translating to earnings per share of €0.05.
The company's order backlog reached a record €598.5m, marking a 31% year-over-year increase and an 18% sequential rise, with the defence/aerospace sector showing a 100% year-over-year increase in order backlog. This strong performance supports the revised full-year 2025 outlook.
Kitron now expects full-year 2025 revenues between €700m and €740m (previously €675m to €725m) and EBIT between €59m and €66m (previously €55m to €65m). This upward adjustment reflects sustained high demand in the defence/aerospace market and ongoing capacity expansion efforts.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
Primary Source Document
Supplementary Source Documents
News Alerts
Get instant email alerts when Kitron ASA publishes news
Free account required • Unsubscribe anytime