Kitron's €1.5bn revenue target follows €19m defense order

Kitron ASA is updating and extending its medium-term ambitions, targeting €1.5 billion in revenue, an EBIT margin above 9%, and a return on operating capital exceeding 25%. This aggressive growth is underpinned by the company's strong position in the accelerating European defense investment "supercycle," where manufacturing and electronics are critical strategic bottlenecks. Chief executive Peter Nilsson highlighted Kitron's secure sites, certifications, track record, and operational discipline, further bolstered by the recent acquisition of DeltaNordic in Sweden.

For the full year 2025, Kitron maintains its outlook, expecting revenue between €700 million and €740 million, with an operating profit (EBIT) of €59 million to €66 million. Looking ahead to 2026, the company targets revenues of €855 million to €943 million and an operating profit (EBIT) of €77 million to €93 million, inclusive of DeltaNordic's contribution.

The company's strategy includes organic growth, with plans for additional production space in Sweden (+6,000 m² by 2025), Poland (+3,500 m² by 2025, and another +15,000 m² under evaluation for 2027), and Norway (+7,000 m² by 2026). Kitron emphasizes its unified "One Kitron" operating model across Europe, US, and Asia, which allows for efficient mobility of resources and expertise, supporting deeper customer collaboration and continued high growth.