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Kitron reports record numbers for Q2
July 13, 2022
Norwegian EMS provider Kitron's revenue for the second quarter was NOK 1'580 million, compared to NOK 994 million last year.
Kitron's 1Q22 – strong demand and record order backlog
April 27, 2022
The electronics manufacturer is reporting first-quarter results showing very strong demand and record order backlog, but also revenue constraints due to the component supply situation.
Kitron: acquisition & strong demand support growth in 2022
February 11, 2022
Kitron's fourth quarter results is showing strong demand, but also revenue constraints due to the component supply and covid lockdown in China. A record order backlog and the acquisition of BB Electronics support a strong outlook for 2022.
Kitron completes acquisition of BB Electronics
January 10, 2022
EMS provider Kitron has completed the acquisition of 100% of Danish electronics manufacturer BB Electronics, which was at the end of 2021.
Kitron acquires Danish EMS provider
December 21, 2021
EMS provider Kitron announces that it has entered into an agreement to acquire Danish EMS company BB Electronics A/S. The deal will expand Kitrons manufacturing base and add production facilities in Denmark, China and the Czech Republic.
Evertiq’s industry pulse report – Kitron
December 15, 2021
“It is in these times everyone realizes who brings value to the table and that no one is strong on their own,” Kitron's COO, Kristoffer Asklöv says as he looks back at the past years. Kitron has indeed done well over the year, but the battle, as Mr. Asklöv realizes, is far from over.
Kitron halts production in Ningbo following lockdown
December 13, 2021
The authorities in Ningbo, China, have imposed a lockdown in Zhenhai, one of the six districts in Ningbo, due to an outbreak of COVID-19 in the area. Although there are no known cases at Kitron's Ningbo facility, production was halted on December 7 due to the restrictions. The production halt is expected to last two weeks.
Kitron's 3Q - Strong demand and material shortages
October 25, 2021
“Demand continues to be very strong for both 2021 and 2022 with significant growth opportunities in most market sectors. However, the general material supply situation deteriorated rapidly in the third quarter and continues to be a challenge to lead times and deliveries,” says Kitron CEO Peter Nilsson in the quarter report.
Kristoffer Asklöv is Kitron's new COO
September 08, 2021
Mr. Asklöv has more than 20 years of experience from electronics production, with companies such as Partnertech and Toyota. Most recently he was Vice President, Business Development & Central European sales at the Finnish EMS company Scanfil.
Swedens importance for Kitron
July 15, 2021
Sweden as a geographic market drives Kitron. The EMS provider recorded revenues of NOK 994 million (EUR 96.4 million) during the second quarter of 2021, out of this total, NOK 472.3 million (EUR 45.5 millon) came from the Swedish market.
Kitron reports solid second quarter and record high backlog
July 13, 2021
EMS provider Kitron is reporting a solid second quarter with a record order backlog. Strong growth within other market sectors compensated for the lower demand within Medical.
Electrification and industry sectors drive growth for Kitron
April 23, 2021
Nordic EMS provider Kitron is reporting a first quarter with strong growth, backed by two major trends, in both the electrification and industry sectors.
Kitron Lithuania re-certified for IRIS
March 31, 2021
EMS provider Kitron announces that its manufacturing facility in Lithuania has been re-certified according to the ISO/TS 22163 quality standard for the railway sector.
Corvus Energy enters manufacturing agreement with Kitron
March 19, 2021
Corvus Energy has chosen Kitron as the manufacturing partner for the company’s battery management control systems.
Kitron to manufacture battery management systems in Poland
February 18, 2021
EMS provider Kitron is expanding its services with an existing major customer to cover the production of battery management systems.
Strong finish to an exceptional year for Kitron
February 12, 2021
Kitron's revenue for the fourth quarter was NOK 992 million (EUR 96 million), an increase of 12% compared to last year.
Kitron awarded F-35 IF receiver order from Northrop Grumman
January 29, 2021
Kitron has received an order from Northrop Grumman for production of a sub-assembly for the F-35 fighter aircraft radar system developed by Northrop Grumman.
Kitron and Appsens' looking to prevent stroke with heart sensor
December 17, 2020
Appsens, a Norwegian based startup company developing wireless medical sensors, has teamed up with EMS provider Kitron to produce a product that helps detect heart fibrillation early so that stroke can be avoided.
Kitron lands order from Kongsberg
November 09, 2020
Kitron has received an order with a value of more than NOK 20 million (EUR 1.84 million) from Kongsberg Defence & Aerospace AS.
Kitron’s record performance continues amidst the pandemic
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October 22, 2020
The EMS provider reported strong growth and record profit for the third quarter of 2020 – mainly driven by the Medical devices, Defence/Aerospace and Industry sectors.
