Brief: Kitron Q1 Operating Profit Grows To NOK 51.2 Mln

Kitron ASA

30/04/2019 06:22

April 30 (Reuters) - Kitron ASA  KP5.OL :
    * REG-KITRON: Q1 2019 - VERY STRONG GROWTH AND EARNINGS
IMPROVEMENT
    * REVENUE FOR Q1 WAS NOK 813 MILLION, AN INCREASE OF 25 PER
CENT
COMPARED TO LAST YEAR
    * PROFITABILITY EXPRESSED AS EBIT MARGIN WAS 6.3 PER CENT IN
Q1,
UP FROM 6.0 IN SAME QUARTER LAST YEAR
    * Q1 OPERATING PROFIT (EBIT) WAS NOK 51.2 MILLION, COMPARED
TO
38.8 MILLION LAST YEAR
    * FOR 2019, KITRON EXPECTS REVENUE TO GROW TO BETWEEN NOK 2
900
AND 3 200 MILLION
    * 2019 EBIT MARGIN IS EXPECTED TO BE BETWEEN 6.2 AND 6.6 PER
CENT

Source text for Eikon:  ID:nGNE8BrwZp 
Further company coverage:  KP5.OL 

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