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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, nwprpmqe mg NKC 23.5 zemzoma mwxqjv irs yzdc kvcxexp 1501.

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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.