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Kitron ASA (KP5.OL)

KP5.OL on Oslo Stock Exchange

8.65NOK
26 Jul 2017
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Latest Key Developments (Source: Significant Developments)

Kitron Q2 EBIT NOK 45.5 million
Thursday, 13 Jul 2017 06:58am EDT 

July 13 (Reuters) - KITRON ASA :Q2 REVENUE NOK ‍649​ MILLION VERSUS NOK 563 MILLION YEAR AGO.Q2 EBIT NOK 45.5 MILLION VERSUS NOK 33.1 MILLION YEAR AGO.‍FOR 2017, KITRON EXPECTS REVENUE TO GROW TO BETWEEN NOK 2 150 AND 2 350 MILLION​.2017 ‍EBIT MARGIN IS EXPECTED TO BE BETWEEN 5.6 AND 6.4 PER CENT.​.  Full Article

Kitron signs contract with Husqvarna Group
Wednesday, 21 Jun 2017 03:08am EDT 

June 21 (Reuters) - KITRON ASA ::REG-KITRON SIGNS CONTRACT WITH HUSQVARNA GROUP.‍RECEIVED A CONTRACT WITH A POTENTIAL VALUE OF NOK 600 MILLION OVER A FIVE-YEAR PERIOD FROM HUSQVARNA GROUP​.PRODUCTION WILL TAKE PLACE AT KITRON'S PLANT IN LITHUANIA..  Full Article

Kitron receives communications order from kongsberg
Friday, 12 May 2017 04:48am EDT 

May 12 (Reuters) - KITRON ASA ::REG-KITRON RECEIVES COMMUNICATIONS ORDER FROM KONGSBERG.DELIVERIES WILL TAKE PLACE IN 2018..EQUIPMENT TO BE SUPPLIED IS RELATED TO AN EXISTING CONTRACT FOR DELIVERIES TO HUNGARY..HAS RECEIVED A NOK 34 MILLION ORDER FROM KONGSBERG DEFENCE SYSTEMS FOR MILITARY COMMUNICATIONS EQUIPMENT.EQUIPMENT TO BE SUPPLIED IS RELATED TO AN EXISTING CONTRACT FOR DELIVERIES TO HUNGARY.  Full Article

Kitron Q1 oper profit up at NOK 30.9 million
Wednesday, 26 Apr 2017 02:00am EDT 

April 26 (Reuters) - KITRON ASA :KITRON ASA - REVENUE IN Q1 AMOUNTED TO NOK 585 MILLION, COMPARED TO 497 MILLION IN SAME QUARTER LAST YEAR.KITRON ASA - Q1 OPERATING PROFIT (EBIT) WAS NOK 30.9 MILLION, COMPARED 20.5 MILLION LAST YEAR.KITRON ASA - FOR 2017, KITRON EXPECTS REVENUE TO GROW TO BETWEEN NOK 2 150 AND 2 350 MILLION..KITRON ASA - 2017 EBIT MARGIN IS EXPECTED TO BE BETWEEN 5.6 AND 6.4 PER CENT.KITRON ASA - Q1 END ORDER BACKLOG ENDED AT NOK 1,059 MILLION, AN INCREASE OF 17 PER CENT COMPARED TO LAST YEAR.KITRON ASA - ORDERS RECEIVED IN QUARTER WERE NOK 620 MILLION..  Full Article

Kitron signs agreement involving plant in US
Thursday, 2 Mar 2017 06:04am EST 

Kitron ASA : Has signed new agreement with HMS Industrial Networks in USA . Agreement involves newly developed logistics and distribution services to support HMS Industrial Networks in region .Estimated contract value is not stated.  Full Article

Kitron signs contract with Rheinmetall
Friday, 24 Feb 2017 07:01am EST 

Kitron ASA : Signs contract with Rheinmetall . Potential contract value is 250 million Norwegian crowns ($30 million) over a five-year period .Production will take place at Kitron's plant in Kaunas, Lithuania.  Full Article

Kitron maintains 2020 revenue target of NOK 3 bln
Thursday, 16 Feb 2017 02:15am EST 

Kitron ASA : Maintaining a goal of annual organic revenue growth of 10 percent, leading to revenue of nok 3 billion in 2020 .Maintains goal of combined with an EBIT margin of 7 pct.  Full Article

Kitron Q4 EBIT NOK up at 34.1 million
Thursday, 16 Feb 2017 02:00am EST 

Kitron ASA : Q4 revenue 570 million Norwegian crowns ($68 million) versus 525 million crowns year ago . Q4 EBIT 34.1 million crowns versus 33.6 million crowns year ago . Proposes 2016 dividend of 0.25 crown per share . For 2017, kitron expects revenue to grow to between 2.15 billion crowns and 2.35 billion crowns . EBIT margin is expected to be between 5.6 and 6.4 per cent in 2017 .Says growth is primarily driven by customers in industry sector, profitability increase is driven by cost reduction activities and improved efficiency.  Full Article

Kitron receives communications order from KONGSBERG
Wednesday, 15 Feb 2017 04:34am EST 

Kitron ASA : Receives communications order from KONGSBERG . Contract scope has an estimated value of 120 million Norwegian crowns ($14.29 million) .Deliveries will take place from 2017 to 2020.  Full Article

Kitron signs contract worth NOK 300 million
Tuesday, 27 Dec 2016 02:30am EST 

Kitron Asa : Signs contract worth 300 million Norwegian crowns ($34.5 million) . Potential contract value is 300 million crowns over a three-year period .Agreement covers manufacturing of electronics and related technical services for automation and power technologies.  Full Article

BRIEF-Kitron signs contract with Husqvarna Group

* ‍RECEIVED A CONTRACT WITH A POTENTIAL VALUE OF NOK 600 MILLION OVER A FIVE-YEAR PERIOD FROM HUSQVARNA GROUP​