thanks for the question. The order backlog grew by a total of approx. EUR 14.6 million from the end of 2025 to the end of March 2026. The volume of new orders during the same period was approx. EUR 34.8 million. During the first quarter, there was one order that exceeded the materiality threshold and which the company announced via a stock exchange release: an order for technology and production transfer projects received from Indra, totaling EUR 20 million.
Disclosure thresholds increase automatically as the company’s total revenue grows. In accordance with our disclosure policy, we announce a significant order via a stock exchange release if the order is strategically or financially significant for the company. Otherwise, we announce orders via a press release, assuming we receive permission from the customer. Obtaining permission is not always a given, and last year we announced one order without naming the customer. Regarding financial materiality, we have defined the scope such that if the total value of an order is approximately 10% or more of the company’s published revenue from the previous year, the order is considered financially significant for the company. In other words, we have used roughly the same threshold as the MAR (Market Abuse Regulation) guidelines for acquisitions.
Bittium: change 12/25 → 3/26 = +EUR 14.6 million (volume of new orders during 1Q 26: EUR 34.8 million)
· 12/2025: 77.9
· 3/2026: 92.5
Defence & Security: change 12/25 → 3/26 = +EUR 13.5 million (volume of new orders during 1Q 26: EUR 26.3 million)
· 12/2025: 70.9
· 3/2026: 84.4
Medical: change 12/25 → 3/26 = +EUR 0.6 million during 1Q 26 (volume of new orders during 1Q 26: EUR 5.2 million)
· 12/2025: 4.8
· 3/2026: 5.4
Engineering Services: change 12/25 → 3/26 = +EUR 0.6 million (volume of new orders during 1Q 26: 3.3 MEUR)
· 12/2025: 2.2
· 3/2026: 2.8