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Bittium Oyj (BITTI.HE)

BITTI.HE on Helsinki Stock Exchange

5.70EUR
15 Dec 2017
Change (% chg)

€0.02 (+0.35%)
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€5.68
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€5.66
Volume
27,924
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€7.88
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Latest Key Developments (Source: Significant Developments)

Bittium Gets Order From The Finnish Defence Forces
Friday, 8 Dec 2017 07:35am EST 

Dec 8 (Reuters) - Bittium Oyj ::- BITTIUM RECEIVED A PURCHASE ORDER FROM THE FINNISH DEFENCE FORCES FOR VERSATILE BITTIUM TOUGH COMNODE™ TERMINAL.‍VALUE OF PURCHASE ORDER IS EUR 1.1 MILLION (EXCLUDING. VAT).​.  Full Article

Bittium gets contract valued at around EUR 50 mln​
Tuesday, 7 Nov 2017 04:20am EST 

Nov 7 (Reuters) - BITTIUM OYJ ::‍OPERATIONAL CAPABILITIES OF ESSOR HIGH DATA RATE WAVEFORM WILL BE ENHANCED​.‍DURATION OF ESSOR OC1 PHASE IS 45 MONTHS AND VALUE OF CONTRACT IS AROUND EUR 50 MILLION​.‍CONTRACT HAS NO EFFECT ON BITTIUM'S FINANCIAL OUTLOOK FOR YEAR 2017​.  Full Article

Bittium Corporation lowers FY 2017 financial guidance
Tuesday, 10 Oct 2017 10:58am EDT 

Oct 10 (Reuters) - BITTIUM OYJ ::BITTIUM CORPORATION LOWERS ITS FINANCIAL GUIDANCE FOR THE YEAR 2017.‍REASON FOR THIS IS DELAY IN FIRST PHASE OF PRODUCT DELIVERIES FOR MEXICAN MEXSAT SATELLITE PHONE SYSTEM​.‍EXPECTS THAT NET SALES IN 2017 WILL BE LOWER THAN IN PREVIOUS YEAR (EUR 64.2 MILLION, IN 2016).​.2017 ‍OPERATING RESULT IS EXPECTED TO BE CLEARLY NEGATIVE (EUR 2.5 MILLION, IN 2016).​.PREVIOUSLY ‍EXPECTED THAT NET SALES IN 2017 WILL BE AT SAME LEVEL AS IN PREVIOUS YEAR​.  Full Article

Bittium subsidiary and Finnish Defence Forces signs framework agreement
Wednesday, 9 Aug 2017 07:45am EDT 

Aug 9 (Reuters) - BITTIUM OYJ ::BITTIUM WIRELESS LTD, SUBSIDIARY OF BITTIUM CORPORATION, AND FINNISH DEFENCE FORCES HAVE SIGNED FRAMEWORK AGREEMENT FOR BITTIUM TAC WIN PRODUCTS.‍FRAMEWORK AGREEMENT COVERS YEARS 2018-2020, AND IF MATERIALIZED IN FULL, TOTAL VALUE OF AGREEMENT IS EUR 30 MILLION (EXCLUDING. VAT)​.  Full Article

Bittium H1 EBITDA swings to loss of EUR ‍0.9​ million
Wednesday, 9 Aug 2017 01:00am EDT 

Aug 9 (Reuters) - BITTIUM OYJ :H1 NET SALES EUR ‍27.1​ MILLION VERSUS EUR 31.1 MILLION YEAR AGO.H1 EBITDA LOSS EUR ‍0.9​ MILLION VERSUS PROFIT EUR 2.1 MILLION YEAR AGO.‍AIMS FURTHER AT GROWING NET SALES BASED ON ITS PRODUCTS AND PRODUCT PLATFORMS IN 2017​.‍EXPECTS THAT NET SALES IN 2017 WILL BE AT SAME LEVEL AS IN PREVIOUS YEAR (EUR 64.2 MILLION, IN 2016)​.‍OPERATING RESULT IS EXPECTED TO BE NEGATIVE (EUR 2.5 MILLION, IN 2016) IN 2017​.  Full Article

Finnish Defence Forces to purchase Bittium software-defined radio system products
Thursday, 6 Jul 2017 05:40am EDT 

July 6 (Reuters) - BITTIUM OYJ :FINNISH DEFENCE FORCES PLANS TO PURCHASE BITTIUM TAC WIN™ SOFTWARE-DEFINED RADIO SYSTEM PRODUCTS.TOTAL VALUE OF AGREEMENT EUR 30 MILLION.‍FRAMEWORK AGREEMENT WILL NOT HAVE AN EFFECT ON BITTIUM'S FINANCIAL OUTLOOK​.  Full Article

Bittium ‍to supply Finnish Air Force with TAC WIN system for EUR 0.9 mln
Wednesday, 14 Jun 2017 03:17am EDT 

June 14 (Reuters) - BITTIUM OYJ :‍TO SUPPLY FINNISH AIR FORCE WITH BITTIUM TAC WIN SYSTEM FOR TACTICAL COMMUNICATIONS OF THEIR BASES​.‍VALUE OF RECEIVED PURCHASE ORDER IS EUR 0.9 MILLION (EXCLUDING. VAT)​.‍ORDER HAS NO EFFECT ON BITTIUM'S FINANCIAL OUTLOOK FOR YEAR 2017, PUBLISHED ON FEBRUARY 20, 2017 IN BITTIUM'S FINANCIAL STATEMENT BULLETIN 2016​.‍BITTIUM TAC WIN SYSTEM WILL BE DELIVERED TO FINNISH AIR FORCE DURING YEAR 2017​.  Full Article

Bittium ECG-measuring devices received medical device approval in Europe
Thursday, 4 May 2017 03:39am EDT 

May 4 (Reuters) - BITTIUM OYJ ::BITTIUM OYJ - BITTIUM FAROS™ECG-MEASURING DEVICES' ARRHYTHMIA DETECTION ALGORITHMS RECEIVED MEDICAL DEVICE APPROVAL IN EUROPE.  Full Article

Bittium Q4 EBITDA rises to EUR 2.1 mln
Monday, 20 Feb 2017 01:00am EST 

Bittium Oyj : Q4 net sales 19.0 million euros ($20.16 million) versus 15.2 million euros year ago . Q4 EBITDA 2.1 million euros versus 1.6 million euros year ago . Expects that net sales in 2017 will be at same level than in previous year . 2017 operating result is expected to be negative . Proposes that annual general meeting to be held on April 12, 2017 resolve to pay 0.05 euro per share as dividend .Board of directors also proposes an additional dividend of 0.25 euros per share.  Full Article

Bittium updates strategy and financial targets
Thursday, 24 Nov 2016 01:00am EST 

Bittium Oyj : Plans to activate most of research and development investments to its balance sheet. . Business will be divided into three product and service areas effective as of Dec. 1, 2016 . Believes that in coming years it is able to grow its net sales even more than earlier announced target, and therefore sets up a target to exceed annual 10 percent growth target of net sales . Says during year 2017 it is not yet able reach targets set for growth in net sales and ebit level of 10 percent .Operating profit level of year 2017 is also affected by planned investments to enable future growth..  Full Article

BRIEF-Bittium Gets Order From The Finnish Defence Forces

* - BITTIUM RECEIVED A PURCHASE ORDER FROM THE FINNISH DEFENCE FORCES FOR VERSATILE BITTIUM TOUGH COMNODE™ TERMINAL