Norway's NORBIT Q4 revenue misses estimates

Norbit ASA

11/02/2026 06:07

Overview

Norway tech solutions provider's Q4 revenue rose 42% yr/yr, missing analyst expectations

Company proposed NOK 5.00 per share dividend for fiscal year 2025

Company targets NOK 3 bln revenue in 2026, exceeding 2025 EBIT margin

Outlook

NORBIT targets 2026 revenue of over NOK 3.0 bln with improved EBIT margin

Company aims for NOK 2.75 bln revenue by 2027, reaching targets ahead of schedule

NORBIT plans new strategic goals toward 2030, details to be shared in August

Result Drivers

PRODUCT INNOVATION GROWTH - The Product Innovation & Realization segment achieved a 173% increase in revenue to NOK 407.9 mln, with an EBIT margin of 22%

CONNECTIVITY SEGMENT - Connectivity segment revenue rose 25% to NOK 190.2 mln, with an EBIT margin of 28%

OCEANS SEGMENT DECLINE - Oceans segment revenue decreased 21% to NOK 213.4 mln, with an EBIT margin of 26%

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Revenue
Miss
NOK 791.10 mln
NOK 849.50 mln (2 Analysts)

Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy", 1 "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 Norbit ASA is NOK202.50, about 1.2% below its February 10 closing price of NOK205.00

The stock recently traded at 25 times the next 12-month earnings vs. a P/E of 24 three months ago

Press Release: ID:nGNE9VN2Xq

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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.)