Bittium Oyj's Strong Q3 Outlook Amid Growth and Strategic Agreements

Bittium Oyj is predicted to show substantial growth in its Q3 2026 business review, with expected sales rising by 68% year-on-year to €38.9 million. This growth is supported by a record order backlog of approximately €102 million and crucial deliveries related to Indra. Despite potential challenges from accelerated amortisation, an EBITDA of €12.7 million is anticipated, driven by a 32.6% margin.

In Q3, Bittium capitalized on several key events. Notably, Sweden placed its first order for Tough SDR radios valued at around €0.7 million, and Denmark joined the Nordic framework agreement. Bittium also signed a memorandum of understanding with Safran Electronics & Defense for French military communications, reflecting its growing presence among European defense OEMs.

Strategically, Bittium plans a new business structure from FY27, merging Engineering Services with Defense & Security, while reducing staff to save approximately €2 million. The company maintains a strong outlook, supported by its backlog and recent strategic agreements.