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Kitron GmbH Carl-Zeiss-Str. 3 72555 Metzingen, Germany http://www.kitron.com/
Contact Ms Cathrin Nylander +47 90 04 32 84
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Kitron GmbH

Kitron: Q3 2013 - Strengthened order intake in a challenging quarter

(PresseBox) (Großbettlingen, )
Kitron ASA (OSE: KIT) today reported that a strong order intake during the quarter has increased the order backlog to last year's level. A decline in revenues led to lower profitability compared to last year. Negative cash flow development is due to build up of inventories.

Kitron's revenues amounted to NOK 346.6 million, compared to NOK 365.8 million in the third quarter 2012. EBIT was reduced from NOK 15.4 million to NOK 7.6 million. Net profit amounted to NOK 3.2 million, a decrease from NOK 5.1 million. Operating cash flow for the third quarter was minus NOK 33.5 million, hvnzgdjw jw sruxk HHH 84.8 kvmjmax kubksi avv nrdas djddryx uqup cntn.

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The publisher indicated in each case (see company info by clicking on image/title or company info in the right-hand column) is solely responsible for the stories above, the event or job offer shown and for the image and audio material displayed. As a rule, the publisher is also the author of the texts and the attached image, audio and information material. The use of information published here is generally free of charge for personal information and editorial processing. Please clarify any copyright issues with the stated publisher before further use. In case of publication, please send a specimen copy to service@pressebox.de.