Q2 2025 Kitron ASA Earnings Call Transcript
Key Points
- Kitron ASA (FRA:KP5) reported a significant increase in order backlog, up 12% year over year, indicating strong demand.
- Defense and aerospace sectors experienced a remarkable 25% growth in revenue, driven by new contracts and advanced defense communications.
- The company successfully managed ramp-ups and executed key strategic contracts, particularly in defense and industrial sectors.
- Kitron ASA (FRA:KP5) raised its revenue and EBIT guidance for 2025, reflecting confidence in future performance despite global uncertainties.
- Financially, the company showed steady revenue growth, reaching EUR172.2 million, with a strong EBIT margin of 8.7%.
- The connectivity sector faced challenges with softening demand due to tariffs in North America.
- Electrification segments, particularly in mobility and sustainable energy, continued to face challenges.
- Medical devices faced headwinds due to high comparative base from last year and tariff uncertainties.
- The forecast and order horizon is becoming shorter, reflecting market uncertainty from tariffs.
- Asia faced minor challenges due to market softness, impacting profitability.
Welcome everyone to Kitron's second quarter 2025 results. We're pleased to present the solid quarter characterized by continued growth, strategic wins, and robust financial performance.
Today, we'll explore the drivers behind our positive momentum and highlight our outlook for the rest of the year. I'm Peter Nilsson, CEO of the Kitron Group, and presenting with me today is Ms. Cathrin Nylander, CFO.
So let's kick things off by looking at some of the quarter highlights. Slide 2, please.
This quarter was marked by operational strength. Our order backlog increased significantly, up 12% year over year, reflecting strong demand. Defense and aerospace stood out with a remarkable 25% growth in revenue, driven by new contracts and advanced defense communications, radar applications, and unmanned systems or even margins remain strong, over 9% across all regions, showing resilience despite some localized challenges.
Next slide, please.
Taking a look at the operations and growth, operationally we've
| 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... |
Trustpilot
We'd love to learn more about your experiences on GuruFocus.com and how we can improve!
Take Survey
