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Kitron GmbH Carl-Zeiss-Str. 3 72555 Metzingen, Germany http://www.kitron.com/
Contact Mr Jørgen Bredesen +47 48 25 25 84
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Kitron GmbH

Kitron: Weaker demand led to lower profitability

(PresseBox) (Großbettlingen, )
Kitron's revenue amounted to NOK 378.3 million in the first quarter of 2013, a 16.0 per cent decrease compared with the same period last year. EBIT was reduced from NOK 21.5 million to NOK 4.0 million. Operating cash flow for the first quarter was negative by NOK 18.1 million compared to minus NOK 10.9 million same period last year.

- Lower demand from key customers
- Operational streamlining continues
- Delay in US operations
- Cost reductions initiated

Weaker demand led to lower profitability in the first quarter 2013. Kitron has introduced a wide range of initiatives that aim to increase tsltiypjuqgqf gdr zndnuhmfm hxm jyyc dkonrp.

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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.