NORBIT - Fourth quarter and preliminary annual results 2025

Core Insights - NORBIT achieved record-high revenues of NOK 2.5 billion for the financial year 2025, with an EBIT of NOK 555.4 million, reflecting a margin of 22% [1][3] - The fourth quarter revenues reached NOK 791.1 million, marking a 42% increase compared to Q4 2024, with an EBIT of NOK 178.4 million and a margin of 23% [1][3] Financial Performance - The overall growth for 2025 was 43%, with all business units contributing positively [3] - Return on capital employed for the year was 34% [3] - The proposed dividend for the financial year 2025 is NOK 5.00 per share [2] Business Segments Performance - The Oceans segment reported revenues of NOK 213.4 million, a 21% decrease from Q4 2024, with an EBIT margin of 26% [9] - The Connectivity segment achieved revenues of NOK 190.2 million, a 25% increase, with an EBIT margin of 28% [9] - The Product Innovation & Realization segment saw a revenue growth of 173% to NOK 407.9 million, with an EBIT margin of 22% [9] Strategic Outlook - The outlook for 2026 is positive, with a target to exceed NOK 3.0 billion in revenues and improve EBIT margin from 22% [5][6] - A new four-year strategic plan towards 2030 is being developed, focusing on broadening product offerings and expanding the customer base [7][8]