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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: Q4 2013 - Revenue growth but lower profitability in the fourth quarter

(PresseBox) (Großbettlingen, )
Kitron ASA today reported that a high activity level in the fourth quarter results in increased revenue. Lower profitability is due to product mix. Lower order intake in the quarter reduces the order backlog. Operational cash flow is positive.

Kitron's revenues amounted to NOK 476.3 million, compared to NOK 462.4 million in the fourth quarter 2012. EBIT was reduced from NOK 24.4 million to NOK 4.3 million. Net loss amounted to NOK 4.0 million, compared to a net profit of NOK 27.9 million the corresponding quarter a year ago. Operating cash flow for the fourth quarter was NOK 51.0 million, mgbgjtfo kb ZPH 59.8 nnnekbc clpzrk ofo fpzw qhailhh 9639.

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