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Kitron GmbH Carl-Zeiss-Str. 3 72555 Metzingen, Germany http://www.kitron.com/
Contact Mr Peter Nilsson +47 94 84 08 50
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Kitron GmbH

Kitron: Q3 2016 - Margin improvements on track

(PresseBox) (Großbettlingen, )
Kitron ASA today reported a stable top line and continued operational improvements.

Kitron's revenue in the third quarter amounted to NOK 463 million, compared to 468 million in the third quarter last year.

Operating profit (EBIT) was NOK 30.1 million, compared 26.3 million last year.

Net profit amounted to NOK 17.7 million, a decrease from 22.8 million. The decrease is caused by a change in net finance related to non-cash currency effects. This corresponds to earnings per share of NOK 0.10, compared to NOK 0.13 last year.

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