Kitron lifts its outlook on 2025
April 03, 2025
With a strong demand from the defence/aerospace market sector, along with a gradual recovery in other segments, EMS provider Kitron is updating its financial outlook.
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Breaking down the Nordic EMS market – a top 10 list
March 27, 2025
The Nordic EMS industry is thriving, with over 74 companies in Sweden, 39 in Finland, 28 in Denmark, and 17 in Norway competing for market share. As the industry experiences continued growth, fuelled by continuous innovation and a changing technology landscape, the top players are cementing their dominance.
Kitron secures order for communication equipment from Kongsberg
March 12, 2025
EMS provider Kitron has received an order worth NOK 109 million (EUR 9.37 million) from Kongsberg Defence & Aerospace AS. The order covers the production of communication equipment for air defence systems delivered by Kongsberg.
Kitron reports strong order growth in a shifting market
February 20, 2025
Norwegian EMS provider Kitron posted fourth-quarter 2024 results demonstrating resilience in a fluctuating market.
Kitron receives new order for Joint Strike Missile
February 19, 2025
Norwegian EMS provider Kitron has received a new order valued at approximately NOK 73 million (EUR 6.26 million) for electronics production related to the Joint Strike Missile (JSM) supplied by Kongsberg Defence & Aerospace.
Kitron receives major order from Kongsberg
January 22, 2025
EMS provider Kitron has received an order with a value of NOK 300 million (EUR 25.4 million) from Kongsberg Defence & Aerospace
Kitron secures EUR 30 million contract
January 21, 2025
Kitron has entered into a long-term contract for the production and services of advanced optical assemblies tailored for the Unmanned Aerial Vehicle (UAV) and drone market.
Kitron receives order from Thales Norway
January 14, 2025
EMS provider Kitron says it has received an order with a value of NOK 46 million (EUR 3.9 million) from Thales Norway.
Kitron inks contract for marine IoT technology
January 07, 2025
EMS provider Kitron has entered into a manufacturing contract with an unnamed technology company focusing on IoT solutions.
Kitron to expand factory in Swedish Jönköping
December 20, 2024
Hailing from the 1960's, the Norwegian Kitron informed about the expansion of the factory in Jönköping, in the south of Sweden. Thanks to the investment, the factory will get approximately 6000 square meters and will be completed during the second half of 2025.
Kitron secures $5M defense contract for U.S. Army
December 19, 2024
EMS provider Kitron has been awarded a defense contract to produce custom electronics for the U.S. Army. The order has an annual value of over USD 5 million, with a potential extension for an additional two years.
Kitron reiterates its outlook
December 10, 2024
During a Capital Markets Presentation, EMS provider Kitron provided an update on its financial and commercial targets and ambitions.
in4ma: the state of the EMS Industry in 2024
December 03, 2024
The EMS industry faced significant challenges in 2024 – as discussed in an interview with in4ma analyst, Dieter G. Weiss, during Evertiq Expo Warsaw. Weiss provided a thorough summary of the industry's current problems, prospects, and the contrasting dynamics between Western and Eastern Europe.
Kitron's 3Q impacted by challenging markets
October 24, 2024
EMS provider Kitron says that its third quarter was impacted by challenging markets – but also that it has taken actions to adapt to market shifts by leveraging its global capabilities.
Kitron revises its outlook for 2H24
September 23, 2024
EMS provider Kitron is revising its outlook for the remainder of 2024. The company says that several customers have continued to reduce and postpone demand.
Exclusive: Europe’s biggest EMS players
September 19, 2024
Top 25 list of EMS companies in Europe only on Evertiq. Respected industry analyst Dieter G. Weiss of in4ma and IPC have prepared a TOP 25 list that includes European EMS firms and global players in Europe.
Kitron posts EUR 167.6 million in 2Q revenue
July 12, 2024
Scandinavian electronics company Kitron has reported a fall in year-on-year 2Q sales, but says it is 'well-positioned for growth over the next 12 months.'
Kitron to produce electronics for Kongsbergs Naval Strike Missile
July 01, 2024
EMS provider Kitron has received orders, with a value of over NOK 500 million (EUR 43.7 million), from Kongsberg Defence & Aerospace.
Kitron expands with new production facility in Norway
June 25, 2024
EMS provider Kitron is expanding with a new production facility in Arendal, Norway. The new building will be approximately 7,500 square meters and will be completed during the first half of 2026.
Kitron ends record year with a solid quarter
February 14, 2024
EMS provider Kitron reported record fourth-quarter sales and strong profitability.
Kitron sets the bar for 2027, targets €1 billion in revenues
December 13, 2023
EMS provider Kitron has updated its financial and commercial targets and ambitions. The company aims to reach EUR 1 billion in revenues in 2027 with an operating margin (EBIT) of 9%.
Record third-quarter sales for Kitron
October 25, 2023
EMS provider Kitron has reported third-quarter revenues of EUR 179.2 million, along with strong profitability
BRC Solar turns to Kitron for production muscles
October 18, 2023
BRC Solar GmbH has chosen EMS provider Kitron to produce the company's Power Optimizer, a new product that aims to improve the performance of solar panels.
Kitron expands with new Asian location
August 25, 2023
EMS provider Kitron has disclosed that it is expanding in the fast-growing Asia Pacific market with a new location in the South of Malaysia, Johor Bahru area.
Kitron receives contract from Northrop Grumman
August 10, 2023
Northrop Grumman has awarded Kitron a sub-contract for production of AN/ASQ-242 Integrated Communications, Navigation, and Identification (CNI) modules for the F-35 Lightning II-program.
Record performance and strengthened outlook for Kitron
April 28, 2023
Kitron reports first-quarter results showing record levels for revenue and profits. The EMS provider has lifed its outlook for 2023 due to strong demand and further easing of supply constraints.
MMI: Global top 50 EMS companies surpassed $457 billion in revenue
April 11, 2023
In 2022, Top 50 EMS sales accounted for USD 457 billion in revenue – an increase of USD 40 billion, or 9.5%, from 2021, reports Manufacturing Market Insider (MMI).
Kitron receives communications order from Kongsberg
March 07, 2023
EMS provider Kitron has received an order with a value of more than NOK 180 million (EUR 16.2 million) from Kongsberg Defence & Aerospace.
Kitron ends 2022 with record revenue, profits and backlog
February 15, 2023
EMS provider Kitron closed the fiscal year 2022 with record levels for revenue, profits and order backlog, driven by a strong market and better component availability.
Kitron expands its manufacturing capacity – adds 6 new lines
February 03, 2023
EMS provider Kitron has big plans to increase its manufacturing capacities and capabilities during the coming years. In 2023 alone the company is adding additional machinery at four different locations.
Easy Aerial turns to Kitron for production muscles
January 30, 2023
EMS provider Kitron has entered into a production agreement with Easy Aerial Inc, a US developer of autonomous UAV (unmanned aerial vehicle) solutions.
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