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Kitron ASA (KP5.OL)

KP5.OL on Oslo Stock Exchange

8.75NOK
15 Oct 2018
Change (% chg)

kr-0.12 (-1.35%)
Prev Close
kr8.87
Open
kr8.70
Day's High
kr8.86
Day's Low
kr8.69
Volume
91,699
Avg. Vol
303,570
52-wk High
kr10.84
52-wk Low
kr6.39

Latest Key Developments (Source: Significant Developments)

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

Kitron wins 4-year Husqvarna order
Wednesday, 15 Nov 2017 

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 

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 

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