Edition:
United Kingdom

Kitron ASA (KP5.OL)

KP5.OL on Oslo Stock Exchange

8.80NOK
17 Apr 2019
Change (% chg)

kr0.00 (+0.00%)
Prev Close
kr8.80
Open
kr8.80
Day's High
kr8.84
Day's Low
kr8.76
Volume
22,347
Avg. Vol
303,361
52-wk High
kr10.84
52-wk Low
kr7.86

Latest Key Developments (Source: Significant Developments)

Kitron Signs Contract With Efore Group
Wednesday, 3 Apr 2019 

April 3 (Reuters) - Kitron Asa ::KITRON SIGNS CONTRACT WITH EFORE GROUP.CONTRACT FORMS BASIS FOR A LONG-TERM PARTNERSHIP.SCOPE OF CONTRACT INCLUDES ELECTRONIC BOARD BUILD AND HIGH-LEVEL ASSEMBLY.CONTRACT HAS A POTENTIAL VALUE OF APPROXIMATELY NOK 25 MILLION IN FIRST YEAR OF FULL PRODUCTION.PRODUCTION WILL TAKE PLACE AT KITRON'S FACTORY IN LITHUANIA..  Full Article

Kitron Q4 EBIT Slightly Down At NOK 42.3 Million
Thursday, 14 Feb 2019 

Feb 14 (Reuters) - Kitron ASA ::REVENUE FOR Q4 WAS NOK 739 MILLION, AN INCREASE OF 11 PER CENT COMPARED TO LAST YEAR.PROFITABILITY EXPRESSED AS EBIT MARGIN WAS 5.7 PER CENT IN Q4.Q4 OPERATING PROFIT (EBIT) WAS NOK 42.3 MILLION, COMPARED TO 43.1 MILLION LAST YEAR..BOARD OF DIRECTORS PROPOSES A DIVIDEND OF NOK 0.40 PER SHARE FOR 2018..FOR 2019, KITRON EXPECTS REVENUE TO GROW TO BETWEEN NOK 2 900 AND 3 200 MILLION.EBIT MARGIN IS EXPECTED TO BE BETWEEN 6.2 AND 6.6 PER CENT.  Full Article

Kitron Receives Communication Order
Thursday, 31 Jan 2019 

Jan 31 (Reuters) - Kitron ASA ::REG-KITRON RECEIVES COMMUNICATION ORDER.PRODUCTION WILL TAKE PLACE AT KITRON'S PLANTS IN LITHUANIA AND CHINA..ANNUAL REVENUES ARE NOK 25 MILLION FOR AT LEAST FIVE YEARS.CUSTOMER IS A RAPIDLY GROWING SUPPLIER OF SOLUTIONS FOR INDUSTRIAL COMMUNICATION AND INDUSTRIAL INTERNET OF THINGS (IIOT)..  Full Article

Kitron To Acquire The EMS Division Of API Technologies Corp
Friday, 30 Nov 2018 

Nov 30 (Reuters) - Kitron ASA ::REG-KITRON TO ACQUIRE THE EMS DIVISION OF API TECHNOLOGIES CORP..REG-KITRON TO ACQUIRE THE EMS DIVISION OF API TECHNOLOGIES CORP..CLOSING IS EXPECTED TO TAKE PLACE IN Q1 OF 2019.CLOSING IS EXPECTED TO TAKE PLACE IN Q1 OF 2019,.PURCHASE PRICE IS USD 15.9 MILLION IN CASH,.KITRON EXPECTS TRANSACTION TO BE EARNINGS NEUTRAL IN 2019 AND EARNINGS ENHANCING IN 2020 AND BEYOND.  Full Article

Kitron Selected As Main Supplier Of Electronics For CROWS
Friday, 26 Oct 2018 

Oct 26 (Reuters) - Kitron Asa ::REG-KITRON SELECTED AS MAIN SUPPLIER OF ELECTRONICS FOR CROWS.LONG-TERM MANUFACTURING AGREEMENT EXPECTED TO GENERATE REVENUES OF NOK 300 MILLION WITH KONGSBERG DEFENCE & AEROSPACE AS.FOR KITRON'S FACTORIES IN US AND NORWAY CROWS PROGRAM IS EXPECTED TO GENERATE ANNUAL REVENUES OF NOK 60 MILLION OVER NEXT FIVE YEARS..  Full Article

Kitron To Invest In Poland
Monday, 23 Jul 2018 

July 23 (Reuters) - KITRON ASA ::REG-KITRON TO INVEST IN POLAND.SIGNED A LETTER OF INTENT FOR A PRODUCTION FACILITY IN NORTHERN POLAND..FACILITY IS PLANNED TO START IN Q4, AND PRODUCTION IS SCHEDULED TO START BY Q3 NEXT YEAR.TOTAL EXPENDITURE OVER 5 YRS IS FORECAST TO BE APPROXIMATELY EUR 15 MILLION.  Full Article

Kitron Q2 EBIT At NOK 45 Mln
Thursday, 12 Jul 2018 

July 12 (Reuters) - Kitron ASA ::REG-KITRON: Q2 2018 - CONTINUED GROWTH AND SOLID PROFITABILITY.EBIT MARGIN WAS 6.8 PER CENT IN Q2..KITRON'S REVENUE IN Q2 AMOUNTED TO NOK 667 MILLION.FOR 2018, KITRON EXPECTS REVENUE TO GROW TO BETWEEN NOK 2 500 AND 2 700 MILLION..Q2 EBIT NOK 45.0 MILLION VERSUS NOK 45.5 MILLION YEAR AGO.2018 EBIT MARGIN IS EXPECTED TO BE BETWEEN 6.1 AND 6.5 PER CENT.."THIS IS HIGHEST Q2 REVENUE IN KITRON'S HISTORY"."FINANCIAL RESULTS INCREASE OUR CONFIDENCE IN 2018 OUTLOOK".COMPONENT SHORTAGES HAVE BEEN AN ONGOING ISSUE FOR ELECTRONICS MANUFACTURING SERVICES INDUSTRY SINCE LAST YEAR.COMPONENT SHORTAGES FOR ELECTRONICS MANUFACTURING SERVICES INDUSTRY IS EXPECTED TO BE CHALLENGING THROUGHOUT YEAR AND INTO 2019."OIL AND GAS MARKET SECTOR SHOWS SIGNS OF RECOVERY, AND WE EXPECT SIGNIFICANT IMPROVEMENT FROM 2019". - CEO.  Full Article

Kitron Q1 EBIT Rises To NOK 39 Million
Friday, 20 Apr 2018 

April 20 (Reuters) - KITRON ASA ::Q1 REVENUE NOK 651 MILLION VERSUS NOK 585 MILLION YEAR AGO.Q1 EBIT NOK 39 MILLION VERSUS NOK 31 MILLION YEAR AGO.  Full Article

Kitron Agreement Related To Manufacturing Of Medical Equipment
Wednesday, 27 Dec 2017 

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 

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