Brief: Kitron Q3 EBIT Up At NOK 90.5 Mln

Kitron ASA

21/10/2020 06:09

Oct 21 (Reuters) - Kitron ASA  KITR.OL :
    * REG-KITRON: Q3 2020 - RECORD PERFORMANCE CONTINUES
    * Q3 ORDER BACKLOG ENDED AT NOK 1 863 MILLION, AN INCREASE
OF 18
PER CENT COMPARED TO LAST YEAR
    * Q3 IS CHARACTERIZED BY EXCEPTIONAL REVENUES IN MEDICAL
DEVICES
    * REVENUE IN Q3 AMOUNTED TO NOK 1 054 MILLION, COMPARED TO
738
MILLION IN SAME QUARTER LAST YEAR
    * Q3 OPERATING PROFIT (EBIT) WAS NOK 90.5 MILLION, COMPARED
TO
39.6 MILLION LAST YEAR
    * AFTER END OF Q3, AND PURSUANT TO AUTHORISATION GRANTED BY
GENERAL MEETING, BOARD HAS RESOLVED A DIVIDEND OF NOK 0.50 PER
SHARE
    * 2020 OUTLOOK: REVENUE IS NOW EXPECTED TO BE BETWEEN NOK 3
850
AND 4 000 MILLION AND EBIT MARGIN IS EXPECTED TO BE BETWEEN 7.6
AND 7.8 PER CENT

Source text for Eikon:  ID:nGNEb9YBJm 
Further company coverage:  KITR.OL 

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