Kitron: Defence investment supercycle accelerating growth

10 Dec 2025 07:01 CET

(2025-12-10) Kitron is hosting a Capital Markets Presentation today to
update investors on the company's financial and commercial targets and
ambitions.

Reflecting accelerating defence demand and expanded capacity, Kitron is updating
and extending its medium-term ambitions. Over the coming year, the company
expects to approach its previously communicated revenue target of EUR 1 billion.
Kitron now outlines the way forward to EUR 1.5 billion in revenue.

Kitron's strategy calls for this growth to be combined with an EBIT margin above
9 per cent and a return on operating capital above 25 per cent.

"Europe is entering an investment supercycle in defence, and manufacturing and
electronics have become strategic bottlenecks. Without a secure, high-
reliability manufacturing and supply chain, no country can deliver modern
platforms at the speed required. Kitron has the secure sites, the
certifications, the track record and the operational discipline to heed this
call, with our recently announced acquisition of DeltaNordic in Sweden adding an
extra dimension," said Peter Nilsson, CEO of Kitron.

The company provides the following short-term outlook:

For the full year 2025, Kitron maintains the previously communicated outlook and
expects revenue to be between EUR 700 and 740 million. Operating profit (EBIT)
is expected to be between EUR 59 and 66 million.

For 2026, Kitron targets revenues of EUR 855 to 943 million and operating profit
(EBIT) of EUR 77 to 93 million. These figures include DeltaNordic.

"We are entering 2026 with great momentum. We are financially strong and united.
We have one IT platform, one operational model and one global footprint. That
means we can move people, competence and production between countries - quickly
and safely. We see a huge opportunity for even deeper collaboration with our
customers," said Mr Nilsson.

The Capital Markets Presentation will start at 09:00 CET, last for
approximately 1.5 hours including Q&A, and will be webcast at the following
link:
https://channel.royalcast.com/hegnarmedia/#!/hegnarmedia/20251210_2

The presentation material for the event is enclosed.

For further information, please contact:
Peter Nilsson, President and CEO, tel. +47 948 40 850
Cathrin Nylander, CFO, tel. +47 900 43 284
Email: investorrelations@kitron.com (mailto:investorrelations@kitron.com)

Kitron is a leading Scandinavian electronics manufacturing services company for
the Connectivity, Electrification, Industry, Medical devices and
Defence/Aerospace sectors. The group has operations located in Norway, Sweden,
Denmark, Lithuania, Germany, Poland, the Czech Republic, India, Malaysia, China
and the United States. Kitron has about 3 000 employees, and revenues were EUR
647 million in 2024.

www.kitron.com (https://www.kitron.com)

More information:
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661589_Kitron CMP 2025.pdf