Bittium Oyj: Strong Q1 Growth Driven by Defense & Security

Bittium Oyj's upcoming Q1 '26 results, set for release on April 29, indicate exceptional growth. The company's group net sales are projected to increase by 39% year-on-year (yoy) to €26.9 million. This impressive rise is attributed mainly to the Defense & Security segment, expected to grow by 91% yoy to €20.5 million.

The company’s EBITDA for Q1 '26 is anticipated to more than triple yoy to €5.2 million, resulting in a 19% margin. Similarly, EBIT is projected at €1.5 million, up from €0.4 million in Q1 '25, marking a 6% margin. These improvements are driven by strong sales in Defense & Security.

Bittium's order backlog at the end of 2025 was €70.9 million, covering approximately 60% of the 2026 estimated sales for this segment. With a recent €20 million order from Indra, Bittium is poised to meet its sales guidance of €140 million to €155 million for the year. Potential future orders from various militaries could further bolster revenues.