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Kitron ASA (KP5.OL)

KP5.OL on Oslo Stock Exchange

8.20NOK
5:09am EDT
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kr8.20
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Latest Key Developments (Source: Significant Developments)

Sievi Capital sells all stocks of Kitron of 57 mln shares
Thursday, 29 Sep 2016 02:58am EDT 

Kitron ASA :Sievi Capital Plc. has on Sept. 29 sold all stocks of Kitron ASA, amount 57 million shares.  Full Article

Kitron strengthens cooperation with Aidon OY
Friday, 23 Sep 2016 02:30am EDT 

Kitron ASA : Strengthens cooperation with Aidon OY . Has received orders for Aidon RF communication modules with a value for Kitron of more than 100 million Norwegian crowns ($12.3 million) . Orders will be fulfilled during next three years and increases current business scope with Aidon .Production will take place at Kitron's plant in Kaunas, Lithuania.  Full Article

Kitron signs supply agreement with Dentsply Sirona
Wednesday, 20 Jul 2016 02:30am EDT 

Kitron ASA :Kitron has been selected as a new supplier for Dentsply Sirona , manufacturer of professional dental products and technologies.  Full Article

Kitron Q2 EBIT increases to NOK 33.1 million
Wednesday, 13 Jul 2016 07:37am EDT 

Kitron ASA : Q2 EBIT 33.1 million Norwegian crowns ($3.94 million) versus 22.1 million crowns year ago . Revenue in Q2 amounted to 563 million crowns, an increase from 489 million crowns in Q2 last year .For 2016, expects revenue of between 2.05 and 2.25 billion crowns and EBIT margin of 5.3 to 6.3 per cent.  Full Article

Kitron receives communications order from Kongsberg
Thursday, 12 May 2016 02:23am EDT 

Kitron ASA : Has received 37 million Norwegian crowns ($4.5 million) order from Kongsberg Defence & Aerospace as for military communications equipment .Deliveries will take place in 2016 and 2017.  Full Article

Kitron issues FY 2016 financial guidance
Friday, 22 Apr 2016 02:05am EDT 

Kitron ASA:For FY 2016 expects revenue of between 2.05 billion - 2.25 billion Norwegian crowns and EBIT margin of 5.3 to 6.3 pct.  Full Article

Kitron awarded radar contracts by Northrop Grumman
Thursday, 31 Mar 2016 04:40am EDT 

Kitron ASA:Says Northrop Grumman has awarded radar contracts to Kitron.Potential value of sub-assemblies is more than 500 million Norwegian crowns over lifetime of agreement.Deal covers initial steps of transferring technical knowhow and manufacturing prototypes for testing and validation, as well as designing and building equipment for testing the IF Receiver.This process will be on-going to mid 2017.  Full Article

Kitron ASA changes dividend policy, provides outlook for FY 2015
Thursday, 11 Feb 2016 02:00am EST 

Kitron ASA:To propose a dividend of 0.21 crown per share for FY 2015​.‍Modified dividend policy​.Will pay an annual dividend of 30 to 60 per cent of ordinary net profit after tax​.Dividend ‍range policy is increased from 30 to 50 per cent​.Expects 2016 revenue of 2.05 billion to 2.25 billion​.Expects 2016 EBIT margin of 5.3 to 6.3 per cent​.  Full Article

Kitron ASA signs NOK 100 mln deal with global energy company
Tuesday, 3 Nov 2015 02:30am EST 

Kitron ASA:Signs agreement with global energy company.Agreement is valid for three years with an option of a one-year extension.Deal is estimated to be worth 100 million Norwegian crowns for Kitron.First prototypes to be delivered from factory in Lithuania, facilities in China and US are also considered as applicable supply partners for future.  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​