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Bittium posts strong Q2 growth and significantly improved margins
Bittium reported net sales of EUR 36.6m for Q2 2026 (+60% year-on-year) with an EBITDA margin of 27.5% and an operating margin of 22.2%. The order book stood at EUR 102.2m, of which over 92% was in Defence & Security, the main growth driver. The company confirmed its 2026 guidance (net sales EUR 140–155m; operating result EUR 26–32m) and expects a stronger second half of the year. Management emphasized strong cash generation and long-term targets of 20–30% annual growth and margins of 10–20%; revenues from new Defence products are expected mainly from 2027. » More on de.investing.com
Strong defense orders drive Bittium to 60% revenue growth
Bittium reports second-quarter net sales of €36.6 million, up 60.1% year-on-year, and a quarterly net profit of €6.4 million, with earnings per share of €0.18. Operating profit was €8.1 million and EBITDA €10.1 million; the growth was mainly due to higher product deliveries in the Defence & Security segment, including a €14 million order from the Finnish armed forces. The Engineering Services segment posted a weaker result due to a weak market. Bittium announces an additional dividend of €0.15 per share and expects 2026 net sales of €140–155 million and an operating profit of €26–32 million, with sales and profit expected to be concentrated in the second half of the year. » More on de.investing.com
Inclusion in OMX Helsinki 25 drives Bittium stock up 12%
Bittium's stock rose 12% after the announcement of its inclusion in the OMX Helsinki 25 index. Nasdaq published the results of its semi-annual index review; as a result Bittium was newly added and SSAB's B share was removed. The changes take effect at the start of trading on August 3, which typically prompts purchases by passive funds. » More on de.investing.com
Historical dividends Dividends
All dividend metrics All metricsFinancials
| (EUR) | June 2026 | YoY |
|---|---|---|
| Revenue | 57.9m | 173.76% |
| Gross profit | 8.3m | 64.36% |
| Net profit | 7.5m | 900.00% |
| EBITDA | 11.3m | 391.30% |
Fundamentals
| Metric | Value |
|---|---|
Market capitalization | €1.19bn |
Number of shares | 35.52m |
52-week high/low | €43.40 - €3.36 |
Dividend yield | 0.45% |
Dividends TTM | €0.15 |
Beta | 0.25 |
P/E ratio | 30.78 |
PEG ratio | 0.10 |
P/B ratio | 8.94 |
P/S ratio | 7.28 |
Company profile
Bittium Oyj provides solutions for connectivity, tactical communications, and biosignal measuring and monitoring. It offers tactical and secure communication systems, including secured smartphones, device management and encryption software, secured communication applications, device platforms, VPN software, monitoring and reporting modules, wireless broadband network systems, tactical radios, VoIP software, tactical IP-based communication products, and LTE access solutions. The company's solutions are used for customers in the defense, security, and public safety markets. It also provides research and development services in the areas of wireless telecommunications, medical technology, and automotive and manufacturing industries. In addition, the company offers healthcare technology products and services in biosignal measuring in the areas of cardiology, neurology, rehabilitation, occupational health, and sports medicine. It operates in Finland, Germany, the United States, Mexico, and Singapore. The company was formerly known as Elektrobit Corporation and changed its name to Bittium Oyj in July 2015. Bittium Oyj was founded in 1985 and is headquartered in Oulu, Finland.
| Name | Bittium |
| CEO | Petri Toljamo |
| Headquarters | Oulu,
no Finland |
| Website | |
| IPO | 03/01/2000 |
| Employees | 528 |
Deep Dive
Ticker symbols
| Exchange | Symbol |
|---|---|
Hel | BITTI.HE |
London Stock Exchange | 0JG5.L |
Helsinki | BITTI.HE |
Frankfurt | JOT.F |
Düsseldorf | JOT.DU |
London | 0JG5.L |