Q1 2025 Kitron ASA Earnings Call Transcript
Good morning and thank you for joining us for Kitron's Q1 2025 results presentation. I'm Peter Nilsson, CEO of the Kitron Group. And joining me as usual is Ms. Cathrin Nylander, CFO. I'm pleased to share that we've had a strong start to the year, driven by sustained momentum in our key sectors, particularly Defense & Aerospace.
Today, I'll walk you through our performance, strategic developments and outlook for the rest of the year. But before we start, I'd like to remind you about the Q&A session at the end of the presentation. So please post any questions you may have in the Q&A section of the webcast. Next slide, please. So as I said, we've had a strong start to 2025.
As we closed Q1, Kitron delivered a solid performance across the board. Although the first half of the quarter was operationally challenging, we made our numbers in the back half. Our order backlog grew 11% sequentially to EUR525 million, demonstrating a robust market demand, especially in our strategic pillars. Most notably, Defense &
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