Bittium Oyj (0JG5) Q4 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good morning, everyone, and welcome to this webcast on Bittium's Financial Statements 2025. My name is Karolina Malmi. I'm Head of Investor Relations, Marketing and Sustainability at Bittium. And with me here today are our CEO, Petri Toljamo, and CFO, Petri Hiljanen. A few forward-looking statements quickly. Just to mention, by their nature, they involve risk and uncertainty and may differ from actual results. And about the agenda. Quickly we start with some highlights of 2025, then CFO will walk you through our numbers from last year and then we continue with business updates and finally outlook for this year and time for Q&A at the end. However, you are able to place questions at any time by clicking the button on your screen and we will address them at the end. But without further ado, I will let our CEO Petri Toliamotu start. Thank you, Carolina. So I'll start with the highlights of the 2025. Shortly, I think we had a pretty good year. So first, I think that we are able to say that on CMD September last year, we defined a new growth strategy where the theme is that accelerate international growth. I think this is proceeding as planned. Second, our order intake grew to 153 million, roughly from 100 million euro from previous year, and as well as the order backlog grew to around the 78 million from the 45 million euro. And this is very significant and sizable amount of the orders we managed to secure on the last year. Then the number three, I would say that the bid team's market position in defense market strengthened significantly. We have been able to make headway on the international market, and I think that we have very relevant position thanks to our advanced leadership on the technology side. And fourth, if we summarize the year, the net sales grew 40% year o...