Core Insights - Kitron reported strong quarterly sales and profits, with significant growth driven by demand in the Defence/Aerospace sector [1][2] - The company achieved a record order intake and backlog, indicating robust future growth potential [1][2] Financial Performance - Revenue for Q3 was EUR 167.8 million, up from EUR 145.1 million in the same quarter last year, reflecting a year-over-year increase of approximately 15.5% [1] - Operating profit (EBIT) for Q3 was EUR 14.6 million, compared to EUR 10.7 million in the same quarter last year, resulting in an EBIT margin of 8.7%, up from 7.4% [2] - Profit after tax reached EUR 9.1 million, an increase from EUR 6.1 million in the same quarter of the previous year, translating to earnings per share of EUR 0.05, compared to EUR 0.03 last year [2] Order Backlog and Outlook - The order backlog at the end of Q3 was EUR 598 million, representing a 31% increase compared to the previous year and an 18% increase from Q2 [2] - Kitron expects full-year revenue for 2025 to be between EUR 700 million and EUR 740 million, with operating profit (EBIT) projected between EUR 59 million and EUR 66 million, an upward revision from previous estimates [3] Company Overview - Kitron is a leading Scandinavian electronics manufacturing services company, operating in sectors such as Connectivity, Electrification, Industry, Medical devices, and Defence/Aerospace [4] - The company has approximately 2,400 employees and reported revenues of EUR 647 million in 2024 [4]