Scandinavia's Kitron Q4 revenue up 46% on strong growth in defence, aerospace sectors

Kitron ASA

12/02/2026 06:15

Overview

Scandinavian electronics maker's Q4 revenue rose 46%, beating analyst expectations

Q4 EBIT beat analyst expectations, driven by Defence/Aerospace demand

Company raised 2026 outlook, expects higher revenue and operating profit

Outlook

Kitron raises 2026 revenue outlook to EUR 900 and 1050 mln

Company expects 2026 EBIT between EUR 84 and 108 mln

Previous 2026 outlook was revenue EUR 855-943 mln, EBIT EUR 77-93 mln

Result Drivers

DEFENCE/AEROSPACE DEMAND - Co reported strong growth in Defence/Aerospace sector, driving Q4 revenue and profit increases

RECORD ORDER BACKLOG - Co ended Q4 with an all-time high order backlog, providing strong visibility for 2026

STRATEGIC INITIATIVES - Co strengthened industrial platform through capacity expansions and acquisition of DeltaNordic

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Revenue
Beat
EUR 233.80 mln
EUR 216.50 mln (4 Analysts)
Q4 Net Income
EUR 17.20 mln
Q4 EBIT
Beat
EUR 22.50 mln
EUR 19.50 mln (4 Analysts)
Q4 EBIT Margin
9.60%
Q4 Order Backlog
EUR 709.30 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy", 3 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the electronic equipment & parts peer group is "buy"

Wall Street's median 12-month price target for Kitron ASA is NOK80.00, about 3.5% below its February 11 closing price of NOK82.90

The stock recently traded at 24 times the next 12-month earnings vs. a P/E of 23 three months ago

Press Release: ID:nGNEbwqyc3

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)