Kitron Reports Strong Q2 Performance
In recent developments, Kitron announced noteworthy achievements for the second quarter of 2025, showcasing solid growth sustained by the Defence & Aerospace market. The company's focus on these sectors has catered to a remarkable increase in sales and profitability.
Revenue Insights
For Q2, Kitron achieved a significant revenue total of EUR 172.2 million. This figure represents an increase from EUR 164.6 million in the previous quarter and EUR 167.6 million for the same period last year. The performance indicates the company's robust standing in its core markets, particularly Defence and Aerospace.
Operating Profit Overview
The operating profit for the second quarter stood at EUR 15.0 million, consistent with last year's Q2 profit and up from EUR 12.5 million in Q1 of 2025. The EBIT margin also reflects a positive trend, registering at 8.7%, an increase from 7.6% in the first quarter of this year.
Order Backlog Development
Kitron's order backlog concluded at EUR 509.3 million, showcasing a commendable increase of 12% compared to the same period last year. The orders received signify strong momentum in the Defence and Aerospace sectors while also highlighting growth in the Industrial sector.
CEO Peter Nilsson's Perspective
Peter Nilsson, the CEO of Kitron, expressed his satisfaction with the company's ongoing trajectory. He noted, "With the first half of 2025 completed, I am pleased to report a continued strengthening of our outlook. Sales and profits remain solid, driven by sustained momentum in key sectors. During the second quarter, we secured five strategically important contracts, prompting us to raise our outlook for 2025."
Profit After Tax
Profit after tax for the quarter amounted to EUR 10.0 million, slightly lower than the EUR 10.4 million reported during the same time last year. This outcome corresponds to earnings per share maintaining at EUR 0.05.
Future Outlook for 2025
Looking ahead, Kitron has adjusted its expectations for the full year 2025, now anticipating revenues between EUR 675 million and EUR 725 million. The forecast for operating profit (EBIT) has been escalated to between EUR 55 million and EUR 65 million, an improvement from the previous outlook.
Quarterly Report Highlights
Today, Kitron's interim report presentation transpired, featuring insights from CEO Peter Nilsson and CFO Cathrin Nylander. Notably, interested parties can review the published quarterly report, which encompasses a comprehensive overview of the company’s performance.
Contact Information
Kitron encourages inquiries from stakeholders and interested parties. For more information, individuals can reach out to:
Peter Nilsson, President and CEO, tel. +47 948 40 850
Cathrin Nylander, CFO, tel. +47 900 43 284
Email: investorrelations@kitron.com
About Kitron
As a prominent player in the Nordic region's electronics manufacturing services, Kitron operates across a range of sectors including Connectivity, Electrification, Industry, Medical devices, and Defence/Aerospace. The organization's reach spans multiple countries, showcasing a workforce of approximately 2,400 employees and a remarkable revenue of EUR 647 million in the preceding year.
Frequently Asked Questions
What were Kitron's total revenues for Q2 2025?
Kitron's total revenue for Q2 2025 was EUR 172.2 million, reflecting growth compared to previous quarters.
How much was Kitron's operating profit in Q2?
The operating profit for Kitron in Q2 2025 reached EUR 15.0 million, aligned with the previous year's results.
What does Kitron's order backlog represent?
The order backlog amounted to EUR 509.3 million, representing a 12% growth year-over-year.
What is the updated revenue outlook for Kitron in 2025?
Kitron anticipates full-year revenues between EUR 675 million and EUR 725 million for 2025.
Who can be contacted for more information about Kitron?
Interested parties can reach out to Peter Nilsson or Cathrin Nylander for inquiries about Kitron's performance and outlook.
