Brief: Kitron Expects 2024 EBIT Of EUR 53-60 Mln

Kitron ASA

25/04/2024 06:12

April 25 (Reuters) - Kitron ASA  KIT.OL :
    * REVISES FULL YEAR SALES OUTLOOK
    * IMPLEMENTS COST INITIATIVES, TO REDUCE COST BASE BY EUR 12
MILLION
    * SEES 2024 REVENUE TO BE BETWEEN EUR 660 AND 710 MILLION
(VERSUS
EUR 700 MILLION - 800 MILLION PREVIOUSLY)
    * SEES 2024 EBIT BETWEEN EUR 53 AND 60 MILLION (VERSUS EUR
60-74
MILLION PREVIOUSLY)

Source text for Eikon:  ID:nGNEbzmdtm 
Further company coverage:  KIT.OL 

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