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Bittium Oyj (BITTI.HE)

BITTI.HE on Helsinki Stock Exchange

6.72EUR
18 Apr 2019
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Latest Key Developments (Source: Significant Developments)

Bittium: Finnish Defence To Make Purchase Agreement For Bittium Tough SDR Tactical Radios
Tuesday, 11 Dec 2018 

Dec 11 (Reuters) - Oyj ::THE FINNISH DEFENCE FORCES AUTHORIZED TO SIGN AN AGREEMENT WITH BITTIUM CORPORATION'S SUBSIDIARY BITTIUM WIRELESS LTD ON PURCHASING THE BITTIUM TOUGH SDR TACTICAL RADIOS.VALUE OF PURCHASE AGREEMENT CURRENTLY UNDER NEGOTIATIONS IS AT MAXIMUM APPROXIMATELY EUR 13 MILLION.PURCHASE AGREEMENT DOES NOT CHANGE BITTIUM CORPORATION'S FINANCIAL OUTLOOK FOR YEAR 2018.PURCHASE AGREEMENT WILL INCLUDE TERMS FOR OPTIONAL ADDITIONAL PURCHASE.DELIVERY WILL BE COMPLETED AT LATEST BY END OF YEAR 2020.IF PURCHASE AMOUNTS WOULD REALIZE IN FULL, TOTAL VALUE OF PURCHASE WOULD BE EUR 257 MILLION AT MAXIMUM.FINNISH DEFENCE FORCES AIM AT MAKING THESE ADDITIONAL PURCHASES DURING NEXT TEN YEARS.  Full Article

Bittium Unit Signs Framework Agreement With Finnish Defence Forces
Monday, 5 Nov 2018 

Nov 5 (Reuters) - Bittium Oyj ::BITTIUM WIRELESS LTD, A SUBSIDIARY OF BITTIUM CORPORATION, AND FINNISH DEFENCE FORCES HAVE SIGNED A FRAMEWORK AGREEMENT ON BITTIUM TOUGH COMNODE™ TERMINALS.FRAMEWORK AGREEMENT COVERS YEARS 2018-2022..MAXIMUM VALUE OF FRAMEWORK AGREEMENT IS EUR 8.3 MILLION (EXCLUDING. VAT).  Full Article

Bittium H2 EBITDA Swings To Loss Of EUR ‍1.4​ Million
Thursday, 22 Feb 2018 

Feb 22 (Reuters) - Bittium Oyj ::H2 EBITDA LOSS EUR ‍1.4​ MILLION VERSUS PROFIT EUR 3.7 MILLION YEAR AGO.H2 NET SALES EUR 24.5 MILLION VERSUS EUR 33.1 MILLION YEAR AGO.‍PROPOSES TO PAY EUR 0.30 PER SHARE AS ADDITIONAL DIVIDEND​.EXPECTS THAT THE NET SALES IN 2018 WILL GROW FROM THE PREVIOUS YEAR (EUR 51.6 MILLION, IN 2017).EXPECTS 2018 OPERATING RESULT TO BE BETTER THAN IN THE PREVIOUS YEAR (EUR -6.2 MILLION, IN 2017).  Full Article

Bittium Unit Signs Supply Agreement
Tuesday, 13 Feb 2018 

Feb 13 (Reuters) - BITTIUM OYJ ::BITTIUM BIOSIGNALS LTD, SUBSIDIARY OF BITTIUM CORPORATION, HAS SIGNED A SIGNIFICANT SUPPLY AGREEMENT TO DELIVER CUSTOMIZED ECG MONITORING DEVICES‍.WILL SUPPLY BITTIUM FAROS 360 AND CUSTOMIZED BITTIUM FAROS 360 CARDIAC ECG SIGNAL MEASURING AND MONITORING DEVICES.​.WHEN MATERIALIZED IN FULL, TOTAL VALUE OF AGREEMENT IS USD 21 MILLION.‍WILL SUPPLY DISPOSABLE ELECTRODES FOR ATTACHING BITTIUM FAROS ECG DEVICES..THIS AGREEMENT DOES NOT CHANGE COMPANY'S LONG TERM FINANCIAL OUTLOOK​.  Full Article

Bittium Gets Order From The Finnish Defence Forces
Friday, 8 Dec 2017 

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 

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 

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 

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 

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 

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