Q4 2025 Kitron ASA Earnings Call Transcript

Feb 12, 2026 / 07:30 AM GMT

Release Date Price: €7.77 (+6.66%)

Transcript

Key Points

Positve

Kitron ASA (STU:KP5) reported a 50% year-over-year increase in order backlog, reaching €709 million, providing strong visibility for 2026.
Defense and aerospace segments showed exceptional performance with a 147% revenue growth year-over-year, becoming a dominant growth engine.
The company achieved a significant improvement in cash flow, with operating cash flow more than doubling to €93.6 million for the full year.
Kitron ASA (STU:KP5) maintained profitability across all regions, with EBIT margins above 9%, demonstrating the scalability of its operating model.
The acquisition of Delta Nordic is expected to complement Kitron ASA (STU:KP5)'s capabilities and support long-term growth ambitions.

Negative

Legacy products in the connectivity segment continue to drag on overall numbers, despite a 9% return to growth in Q4.
Pockets of weakness remain in the construction and infrastructure sectors, affecting the overall industry performance.
Medical devices showed only modest growth of 4% in Q4, with home care and diagnostics remaining soft.
The company faces risks associated with rapid growth, such as potential hidden flaws in the organization, known as the Penrose effect.
The wide guidance range for 2026 reflects uncertainties, with potential constraints on margins due to market conditions and operational challenges.

Refinitiv StreetEvents Event Transcript
E D I T E D V E R S I O N

KIT.OL - Kitron ASA
Q4 2025 Kitron ASA Earnings Call
Feb 12, 2026 / 07:30AM GMT

=====================
Presentation
--------------------------------------------------------------------------------
Unidentified_1 [1]
--------------------------------------------------------------------------------
Good morning and thank you for joining us today. We look forward to walking you through our fourth quarter and full year performance for 2025. This was a year marked by strong operational execution, strategic progress across key markets, and a meaningful strengthening of our financial position.

I'm Peter Nelson, CEO of Keytra Group, and joining me is our CFO Katrina Lande.

After our remarks, we will open the floor for Q&A. So please feel free to submit questions anytime during the presentation.

With that, let's get started with a look at the key highlights of the 4th quarter. So, next slide, please.

Q4 marked a very strong finish to the year with solid momentum across several of our core focus areas. Our order

Already have an account? Log in

Get the full story

Subscribe Now

	Access to All Earning Calls and Stock Analysis
	30-Year Financial on one screen
	All-in-one Stock Screener with unlimited filters
	Customizable Stock Dashboard
	Real Time Insider Trading Transactions
	8,000+ Institutional investors’ 13F holdings
	Powerful Excel Add-in and Google sheets Add-on
	All data downloadable
	Quick customer support
	And much more...

7-Day Free Trial · Cancel Anytime

Subscription fee may be tax deductible.

Excellent

4.6 out of 5

Trustpilot

Research Tools

All-In-One Screener Stock Ideas Stock List Guru List Guru Real-Time Picks Insider List Insider Trades Economic Indicators Sector & Industry Performance DCF Calculator Calculators Discussion Board

Product

Pricing Plans Excel Add-In Google Sheets Add-on Data API Stock Comparison Table Manual of Stocks Instant Alerts Mobile App Newsletters Signup 中文

Education

Financial Glossary Tutorials FAQ Buffett Indicator Shiller P/E Yield Curve Today U.S. Inflation Rate Global Market Valuation Fed Net Liquidity Buffett Assets Allocation

Company

About GuruFocus Career Contact Us Advertise Term of Use Privacy Policy Referral Program Partner Program

Survey

We'd love to learn more about your experiences on GuruFocus.com and how we can improve!

Take Survey

Disclaimers

GuruFocus.com is not operated by a broker or a dealer. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The individuals or entities selected as "gurus" may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. Gurus may be added or dropped from the GuruFocus site at any time. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Stock quotes are provided by QuoteMedia, Inc. (CSI). Company fundamental data is provided by Morningstar. Analyst estimates data is sourced from both Refinitiv and Morningstar, with priority given to Refinitiv data. Data is updated daily.