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Kitron GmbH Carl-Zeiss-Str. 3 72555 Metzingen, Germany http://www.kitron.com/
Contact Mr Roland Lutz +49 7022 407715
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Kitron GmbH

Kitron: Q3 2014 - Continued growth outside Norway

(PresseBox) (Großbettlingen, )
Kitron ASA today reported revenue growth for the third quarter. Profitability in Arendal continues to be challenging, but this is partially compensated by improvements in other units.

Kitron's revenues amounted to NOK 382 million, an increase from 347 million in the third quarter of 2013.

EBIT was NOK 6.9 million, compared to NOK 7.6 million last year. Net profit amounted to NOK 4.8 million, an increase from 3.2 million. Operating cash flow was negative NOK 9.7 million, compared to negative NOK 33.9 million.

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