Kitron's revenue in the first quarter amounted to NOK 497 million, an increase from 471 million in the first quarter last year.
Operating profit (EBIT) was NOK 20.5 million, compared 20.8 million last year, with one-offs masking an underlying improvement.
Net profit amounted to NOK 10.0 million, a decrease from 13.6 million. This corresponds to earnings per share of NOK 0.06, compared to NOK 0.08 last year. The main reason for the change was non-cash currency effects on intra-group financial loans.
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