Ad
Ad
Ad
Ad
Ad
Ad
Ad
Ad
Electronics Production | June 17, 2008

Kitron sees good financial prospects for Q2/08

As a result from increased market demand and investments in productivity enhancing measures Kitron ASA expects a strong financial performance in the second quarter 2008.
The revenue in 2Q/08 is estimated to be between € 70 - 72 million (NOK 565 - 585 million), to be compared with €63 million (NOK 510 million) in 2Q/07, and the EBT in 2Q/08 is estimated to be ranging from €4.7 - 4.9 million (NOK 38 - 40 million), to be compared with €2.6 million (NOK 21 million) in 2Q/07.

"The positive financial development appears sustainable and the outlook for 2008 looks promising", says Jørgen Bredesen, CEO of Kitron ASA.

Comments

Please note the following: Critical comments are allowed and even encouraged. Discussions are welcome. Verbal abuse, insults and racist / homophobic remarks are not. Such comments will be removed.
Further details can be found here.
Ad
Ad
Ad
Ad
Load more news
November 14 2017 8:30 PM V8.8.9-1