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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: Q4 2015 - Improved profitability, strong cash flow

(PresseBox) (Großbettlingen, )
Kitron ASA today reported the seventh consecutive quarter of improved profits, accompanied by revenue growth, very strong operational cash flow and a proposed dividend increase.

Kitron's revenues in the fourth quarter amounted to NOK 525 million, an increase from 476 million in the fourth quarter of 2014. Operating profit (EBIT) was NOK 33.6 million, compared to 14.3 million last year.

Net profit amounted to NOK 22.6 million, an improvement from 17.3 million. Operating cash flow was NOK 87.8 million, compared to 12.9 million in the fourth quarter of 2014.

The order backlog was NOK 976 million, an increase of 12 dmr feeh xcoivrhr wh arg arfe tzqp sjhj jknm.

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