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Bittium
Bittium (BITTI) investor relations material
Bittium SEB Nordic Seminar presentation summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.SEB Nordic Seminar presentation summary7 Jan, 2026
Company overview and financials
Headquartered in Oulu, Finland, with over 500 employees and offices in Finland, UK, Germany, and USA; listed on Nasdaq Helsinki.
Net sales reached €85.2M in 2024 with an operating result of €8.6M; R&D investments were 15.9% of net sales.
Updated 2025 outlook projects net sales of €116–120M and operating result of €19–21M, driven by strong Defense & Security segment growth.
Share price increased 346% over one year, with a market cap of €1.069B at year-end 2025.
Dividend of €0.10 per share for 2024, with additional dividends for previous years.
Business segments and growth drivers
Defense & Security accounted for 60% of 2024 net sales, Medical 23%, and Engineering Services 17%.
Growth in Defense & Security driven by geopolitical tensions, increased NATO defense spending, and demand for secure communications.
Medical segment focuses on remote EKG monitoring (Faros) and sleep apnea testing (Respiro), targeting large and growing global markets.
Engineering Services provides wireless embedded solutions and end-to-end product development, with new AI offerings and focus on defense markets.
Digitalization, AI, IoT, and cybersecurity are key growth drivers across all segments.
Key products, partnerships, and market expansion
Defense portfolio includes TAC WIN broadband networks, Tough SDR tactical radios, and Tough Mobile secure smartphones.
Major licensing agreement with Indra Group for Tough SDR technology, with a €50M initial order and potential €70M additional value over 10 years.
Strategic partnerships with Finnish, Estonian, Croatian, Austrian, and Swedish defense forces, as well as Lockheed Martin and BAE Systems.
Medical segment signed a three-year agreement with Boston Scientific for cardiac monitoring devices.
Engineering Services collaborates with TerreStar and Edge Impulse, and serves clients like KONE, GE Healthcare, and Nokia.
What drives Defense & Security growth beyond current deals?
Update on Respiro strategic partner search
Engineering Services: Impact of defense market focus?
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Next Bittium earnings date
Q4 202519 Feb, 2026
Bittium
Next Bittium earnings date
Q4 202519 Feb, 2026
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Frequently asked questions
Bittium Oyj is a Finnish technology company specializing in secure communications, connectivity, and medical technology solutions. The company provides advanced products and services for defense, public safety, and industrial sectors, focusing on secure data transmission and communication systems. Bittium offers a range of tactical communications systems, software solutions, and devices designed to ensure the safe exchange of critical information in challenging environments. Additionally, the company develops wearable medical technology for remote monitoring and diagnostics, targeting the healthcare industry with innovative wireless solutions. The company is headquartered in Oulu, Finland, and its shares are listed on the Helsinki Stock Exchange.
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