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Kitron ASA ( (GB:0F0J) ) has issued an announcement.
Kitron ASA has updated its financial and commercial goals, driven by increasing demand in the defense sector and expanded capacity. The company aims to achieve operating revenues of 1.5 billion euros, with an EBIT margin above 9% and a return on operating capital over 25%. The acquisition of DeltaNordic in Sweden enhances Kitron’s capabilities to meet strategic production and supply chain challenges. Kitron projects operating revenues between 700 and 740 million euros for 2025 and aims for 855 to 943 million euros in 2026, with corresponding EBIT targets. The company is well-positioned for growth, with a unified IT platform and operational model enabling swift resource allocation and deeper customer collaboration.
More about Kitron ASA
Kitron is a leading Scandinavian company specializing in the production of electronics and related services across various sectors, including Connectivity, Electrification, Industry, Medical Equipment, and Defense/Aerospace. The company operates in several countries, including Norway, Sweden, Denmark, Lithuania, Germany, Poland, Czech Republic, India, Malaysia, China, and the USA, and employs around 3000 people.
Average Trading Volume: 436,902
Current Market Cap: NOK13.42B
Learn more about 0F0J stock on TipRanks’ Stock Analysis page.