Kitron: Q2 2025 – Strengthening momentum

Core Insights - Kitron reported solid quarterly sales and profits, particularly driven by the Defence & Aerospace market sector [1][3] - The company raised its outlook for 2025 due to sustained momentum in key sectors [3][4] Financial Performance - Revenue for Q2 2025 was EUR 172.2 million, an increase from EUR 164.6 million in Q1 2025 and EUR 167.6 million in Q2 2024 [1] - Operating profit (EBIT) for Q2 2025 was EUR 15.0 million, compared to EUR 12.5 million in Q1 2025 and EUR 15.0 million in Q2 2024, with an EBIT margin of 8.7% [2] - Profit after tax for Q2 2025 was EUR 10.0 million, slightly down from EUR 10.4 million in the same quarter last year, resulting in earnings per share of EUR 0.05 [3] Order Backlog and Growth - The order backlog at the end of Q2 2025 was EUR 509.3 million, reflecting a 12% increase compared to the previous year, with strong growth in the Defence/Aerospace and Industry sectors [3] - The company secured five strategically important contracts during the second quarter [3] Outlook for 2025 - Kitron expects full-year revenue for 2025 to be between EUR 675 million and EUR 725 million, and operating profit (EBIT) to be between EUR 55 million and EUR 65 million, an increase from the previous outlook [4]