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Kitron ASA (KP5.OL)

KP5.OL on Oslo Stock Exchange

8.53NOK
10:25am EST
Change (% chg)

kr-0.07 (-0.81%)
Prev Close
kr8.60
Open
kr8.56
Day's High
kr8.60
Day's Low
kr8.43
Volume
287,796
Avg. Vol
702,363
52-wk High
kr8.87
52-wk Low
kr6.26

Latest Key Developments (Source: Significant Developments)

Kitron Asa Q4 Revenue Up At NOK 667.6‍​ Million
Friday, 16 Feb 2018 01:36am EST 

Feb 16 (Reuters) - KITRON ASA ::‍PROPOSES AN ORDINARY DIVIDEND OF NOK 0.35 PER SHARE AND AN EXTRAORDINARY DIVIDEND OF NOK 0.20 PER SHARE FOR 2017​.‍FOR 2018, KITRON EXPECTS REVENUE TO GROW TO BETWEEN NOK 2 500 AND 2 700 MILLION​.Q4 REVENUE NOK 667.6‍​ MILLION VERSUS NOK 570.3 MILLION YEAR AGO.Q4 EBIT NOK ‍​43.1 MILLION VERSUS NOK 34.1 MILLION YEAR AGO.IN 2018 EBIT MARGIN IS EXPECTED TO BE BETWEEN 6.1 AND 6.5 PER CENT.‍DECIDED TO UPDATE KITRON'S DIVIDEND POLICY​.‍NEW DIVIDEND POLICY IS TO PAY OUT AN ANNUAL DIVIDEND OF AT LEAST 50 % OF COMPANY'S CONSOLIDATED NET PROFIT BEFORE NON-RECURRING ITEMS​.  Full Article

Kitron Gets EUR 17 Million Industry Order
Wednesday, 14 Feb 2018 02:59am EST 

Feb 14 (Reuters) - KITRON ASA ::REG-KITRON RECEIVES EUR 17 MILLION INDUSTRY ORDER.PRODUCTION WILL START IN SECOND HALF OF 2018 AND TAKE PLACE AT KITRON'S PLANT IN KAUNAS, LITHUANIA..‍PRODUCTION WILL START IN SECOND HALF OF 2018 AND TAKE PLACE AT KITRON'S PLANT IN KAUNAS, LITHUANIA.​.  Full Article

Kitron Agreement Related To Manufacturing Of Medical Equipment
Wednesday, 27 Dec 2017 03:00am EST 

Dec 27 (Reuters) - Kitron Asa ::REG-KITRON: AGREEMENT RELATED TO MANUFACTURING OF MEDICAL EQUIPMENT.‍EXPECTED TURNOVER LINKED TO CONTRACT IN 2 YRS FROM 2018 IS BETWEEN NOK 100 MILLION AND NOK 150 MILLION.​.  Full Article

Creades Sells All Shares In Kitron
Thursday, 7 Dec 2017 01:30am EST 

Dec 7 (Reuters) - CREADES AB (PUBL) ::SELLS 17.8 MILLION SHARES IN KITRON AS TO TOTAL VALUE OF NOK 114.7 MILLION.HAS NO MORE SHARES IN KITRON AS AFTER TRANSACTION.  Full Article

Kitron wins 4-year Husqvarna order
Wednesday, 15 Nov 2017 12:03pm EST 

Nov 15 (Reuters) - Kitron Asa :Kitron receives new order from husqvarna group.‍will manufacture and deliver controller units to husqvarna group's factory in sweden for next 4 years​.‍controller units are important parts of husqvarna group's battery-powered equipment such as chainsaws, blowers and trimmers​.‍production will take place at kitron's plant in kaunas, lithuania​.  Full Article

Kitron Q3 EBIT falls to NOK ‍29.2​ mln
Tuesday, 24 Oct 2017 02:02am EDT 

Oct 24 (Reuters) - KITRON ASA ::Q3 REVENUE NOK ‍535​ MILLION VERSUS NOK 463 MILLION YEAR AGO.Q3 EBIT NOK ‍29.2​ MILLION VERSUS NOK 30.1 MILLION YEAR AGO.‍KITRON EXPECTS 2017 REVENUE TO GROW TO BETWEEN NOK 2 150 AND 2 350 MILLION​.‍REVENUE IS NOW EXPECTED TO BE IN HIGHER END OR SLIGHTLY ABOVE INDICATED RANGE​.‍GROWTH IS PRIMARILY DRIVEN BY CUSTOMERS IN INDUSTRY SECTOR​.2017 ‍EBIT MARGIN IS EXPECTED TO BE BETWEEN 5.6 AND 6.4 PER CENT​.  Full Article

Kitron signs contract with Kongsberg Maritime
Friday, 20 Oct 2017 10:21am EDT 

Oct 20 (Reuters) - KITRON ASA ::REG-KITRON SIGNS CONTRACT WITH KONGSBERG MARITIME.‍SIGNS A FRAME AGREEMENT WITH KONGSBERG MARITIME WITH A POTENTIAL VALUE OF NOK 200 MILLION FOR NEXT FIVE YEARS​.‍PRODUCTION WILL TAKE PLACE AT MULTIPLE KITRON FACILITIES​.  Full Article

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

BRIEF-Creades Sells All Shares In Kitron

* SELLS 17.8 MILLION SHARES IN KITRON AS TO TOTAL VALUE OF NOK 114.7 MILLION