View Future GrowthKitron 과거 순이익 실적과거 기준 점검 5/6Kitron은 연평균 16.5%의 비율로 수입이 증가해 온 반면, Electronic 산업은 수입이 3.6% 감소했습니다. 매출은 연평균 12.6%의 비율로 증가했습니다. Kitron의 자기자본이익률은 16%이고 순이익률은 6.6%입니다.핵심 정보16.54%순이익 성장률14.37%주당순이익(EPS) 성장률Electronic 산업 성장률1.03%매출 성장률12.58%자기자본이익률16.03%순이익률6.64%다음 순이익 업데이트10 Jul 2026최근 과거 실적 업데이트공지 • Dec 01+ 4 more updatesKitron ASA to Report Q4, 2026 Results on Feb 11, 2027Kitron ASA announced that they will report Q4, 2026 results on Feb 11, 2027공지 • Jan 20+ 4 more updatesKitron ASA to Report Q4, 2025 Results on Feb 12, 2026Kitron ASA announced that they will report Q4, 2025 results on Feb 12, 2026Reported Earnings • Oct 24Third quarter 2024 earnings released: EPS: €0.03 (vs €0.05 in 3Q 2023)Third quarter 2024 results: EPS: €0.03 (down from €0.05 in 3Q 2023). Revenue: €145.1m (down 19% from 3Q 2023). Net income: €6.10m (down 37% from 3Q 2023). Profit margin: 4.2% (down from 5.4% in 3Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 6.3% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Electronic industry in Germany. Over the last 3 years on average, earnings per share has increased by 34% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth.Reported Earnings • Jul 12Second quarter 2024 earnings released: EPS: €0.05 (vs €0.08 in 2Q 2023)Second quarter 2024 results: EPS: €0.05 (down from €0.08 in 2Q 2023). Revenue: €167.6m (down 19% from 2Q 2023). Net income: €10.4m (down 34% from 2Q 2023). Profit margin: 6.2% (down from 7.6% in 2Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 7.1% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Electronic industry in Germany. Over the last 3 years on average, earnings per share has increased by 38% per year but the company’s share price has only increased by 21% per year, which means it is significantly lagging earnings growth.Reported Earnings • Apr 28First quarter 2024 earnings released: EPS: €0.03 (vs €0.07 in 1Q 2023)First quarter 2024 results: EPS: €0.03 (down from €0.07 in 1Q 2023). Revenue: €173.9m (down 8.8% from 1Q 2023). Net income: €6.50m (down 51% from 1Q 2023). Profit margin: 3.7% (down from 7.0% in 1Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 4.7% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Electronic industry in Germany. Over the last 3 years on average, earnings per share has increased by 39% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth.Reported Earnings • Mar 23Full year 2023 earnings released: EPS: €0.26 (vs €1.46 in FY 2022)Full year 2023 results: EPS: €0.26 (down from €1.46 in FY 2022). Revenue: €775.2m (down 88% from FY 2022). Net income: €51.1m (down 82% from FY 2022). Profit margin: 6.6% (up from 4.4% in FY 2022). The increase in margin was driven by lower expenses. Revenue is forecast to grow 6.8% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Electronic industry in Germany. Over the last 3 years on average, earnings per share has increased by 45% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth.모든 업데이트 보기Recent updates공지 • Apr 24Kitron ASA Approves Dividend, Payable on or About 15 May 2026Kitron ASA at its AGM held on 24 April 2026 approved dividend of NOK 0.70 per share for shareholders registered in Kitron's shareholder register with the Norwegian Central Securities Depository (Euronext Securities Oslo, formerly named Euronext VPS) as of the expiry of 28 April 2026 based on normal T+2 settlement. Kitron's shares will be traded on the Oslo Stock Exchange exclusive the right to receive dividend on 27 April 2026. The dividend is expected to be paid on or about 15 May 2026.공지 • Feb 12+ 1 more updateKitron ASA Proposes Cash Dividend, Payable on or About 15 May 2026Kitron ASA proposed cash dividend of NOK 0.70 per share. Last day including right: 24 April 2026; Ex-date: 27 April 2026; Record date: 28 April 2026; Payment date: On or about 15 May 2026;Date of approval: 24 April 2026.공지 • Jan 13Kitron ASA (OB:KIT) completed the acquisition of Deltanordic Sweden Ab from Mind Industrial Group AB and Jsls Holding Ab.Kitron ASA (OB:KIT) entered into an agreement to acquire Deltanordic Sweden Ab from Mind Industrial Group AB and Jsls Holding Ab for SEK 1.3 billion on November 19, 2025. The consideration of SEK 1.3 billion on a debt- and cash-free basis, consists to a cash consideration of SEK 760 million will be paid by Kitron ASA. The consideration consists of common equity of Kitron ASA having a value of SEK 150 million to be issued for common equity of Deltanordic Sweden Ab. Kitron ASA will pay an earnout/contingent payment of SEK 345 million cash. Financing of the acquisition is contemplated by way of available funds and facilities. Kitron may consider existing facilities in combination with other financing alternatives, including new bank facilities, debt, equity or other third party financing, to settle the cash part of the purchase price at closing. Transaction subject to approval from the Swedish Competition Authority and that the Swedish Inspectorate of Strategic Products has cleared or given its approval to the acquisition, with expected lead time of 25 working days. As of December 22, 2025, the transaction was approved by the Swedish Competition Authority and the Swedish Inspectorate of Strategic Products The transaction is expected to close in early January 2026. The acquisition is estimated to be accretive, and adds significant shareholder value. As of November 25, 2025, it was announced that Kitron ASA completed a private placement raising approximately NOK 973.25 million (SEK 907.05 million) in gross proceeds. Approximately NOK 814 million (SEK 758.63 million) of the net proceeds will be used to finance the cash consideration of the acquisition. MP Corporate Finance GmbH acted as financial advisor, Ernst & Young acted as financial due diligence provider, and Advokatfirmaet Selmer DA acted as legal advisor to Kitron. Led by Hans Svensson, Morten Nissen, Wendela Hårdemark, Mårten Lindberg, Gunnar Hjalt, Dasha Arntyr, and Ariana Sohrabi of Bird & Bird LLP acted as legal advisor to Kitron. Ulrika Sparrman, Richard Jacobsson, Gabriel Albemark, and Sara Malmgren of Eversheds Sutherland Advokatbyrå Ab acted as legal advisor to Mind Industrial Group AB and Jsls Holding Ab. Kitron ASA (OB:KIT) completed the acquisition of Deltanordic Sweden Ab from Mind Industrial Group AB and Jsls Holding Ab on January 12, 2026. In connection with completion of the Transaction, Kitron's board of directors has today resolved to issue 2,299,612 new shares to the sellers pursuant to the existing board authorisation to issue new shares granted by the Kitron’s annual general meeting held on April 24, 2025. Furthermore, 1,192,927 of the consideration shares are subject to a lock-up period of 12 months and 1,106,685 consideration shares are subject to a lock-up period of 6 months on the terms and conditions of the share purchase agreement.Board Change • Dec 30High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Employee Representative Director Haakon Ljostad was the last director to join the board, commencing their role in 2025. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.공지 • Dec 11Kitron ASA Provides Earnings Guidance for 2026Kitron ASA provided earnings guidance for 2026. For 2026, company expects revenues of EUR 855 million to EUR 943 million and operating profit (EBIT) of EUR 77 million to EUR 93 million. These figures include DeltaNordic. Reflecting accelerating defence demand and expanded capacity, Kitron is updating and extending its medium-term ambitions. Over the coming year, the company expects to approach its previously communicated revenue target of EUR 1 billion. Kitron now outlines the way forward to EUR 1.5 billion in revenue.공지 • Dec 02Kitron ASA, Annual General Meeting, Apr 24, 2026Kitron ASA, Annual General Meeting, Apr 24, 2026.공지 • Dec 01+ 4 more updatesKitron ASA to Report Q4, 2026 Results on Feb 11, 2027Kitron ASA announced that they will report Q4, 2026 results on Feb 11, 2027공지 • Nov 26+ 1 more updateKitron ASA has completed a Follow-on Equity Offering in the amount of NOK 973.25 million.Kitron ASA has completed a Follow-on Equity Offering in the amount of NOK 973.25 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 17,000,000 Price\Range: NOK 57.25 Transaction Features: Regulation S; Subsequent Direct Listing공지 • Nov 21Kitron ASA Provides Earnings Guidance for 2026Kitron ASA provided earnings guidance for 2026. For 2026 (excluding DeltaNordic): Revenue of EUR 785 million- EUR 865 million. EBIT of EUR 70 million- EUR 84 million.공지 • Nov 20Kitron ASA (OB:KIT) entered into an agreement to acquire Deltanordic Sweden Ab from Mind Industrial Group AB and Jsls Holding Ab for SEK 1.3 billion.Kitron ASA (OB:KIT) entered into an agreement to acquire Deltanordic Sweden Ab from Mind Industrial Group AB and Jsls Holding Ab for SEK 1.3 billion on November 19, 2025. The consideration of SEK 1.3 billion on a debt- and cash-free basis, consists to a cash consideration of SEK 760 million will be paid by Kitron ASA. The consideration consists of common equity of Kitron ASA having a value of SEK 150 million to be issued for common equity of Deltanordic Sweden Ab. Kitron ASA will pay an earnout/contingent payment of SEK 345 million cash. Financing of the acquisition is contemplated by way of available funds and facilities. Kitron may consider existing facilities in combination with other financing alternatives, including new bank facilities, debt, equity or other third party financing, to settle the cash part of the purchase price at closing. There are no financing conditions for the acquisition. Transaction subject to approval from the Swedish Competition Authority and that the Swedish Inspectorate of Strategic Products has cleared or given its approval to the acquisition, with expected lead time of 25 working days. Closing expected to take place in late December, 2025/January, 2026. The acquisition is estimated to be accretive, and adds significant shareholder value.공지 • Oct 24Kitron ASA Revises Earnings Guidance for the Year 2025Kitron ASA revised earnings guidance for the year 2025. For the period, the company expects revenue to be between EUR 700 and 740 million. Operating profit (EBIT) is expected to be between EUR 59 and 66 million. The previous outlook was for revenue between EUR 675 and 725 million, with an operating profit (EBIT) between EUR 55 and 65 million. The increase is due to growing demand in the Defence/Aerospace market sector.공지 • Sep 26Kitron Asa Announces Executive ChangesKitron announces that Chief Operating Officer Kristoffer Asklov has tendered his resignation in order to assume the role of CEO at a Swedish manufacturing company outside Kitron's competitive landscape. To ensure a smooth transition, Mr. Asklov will remain with Kitron through the fourth quarter and leave the company at the end of the year. Mr. Asklov responsibilities will be dividend between Chief Technology Officer Stian Haugen and Hasse Faxe, who will join the corporate management team as Chief Commercial Officer on 1 October. Mr. Haugen has been with Kitron since 2013 and has served as Chief Technology Officer since 2020. Mr. Faxe joined the Kitron group through the acquisition of BB Electronics in 2022 and currently serves as Global Sales Director.공지 • Apr 24Kitron ASA Approves DividendKitron ASA at its Annual General Meeting on 24 April 2025 approved the proposed dividend of NOK 0.35 per share for shareholders registered in shareholder register with the Norwegian Central Securities Depository (Euronext Securities Oslo, formerly named Euronext VPS) as of the expiry of 28 April 2025 based on normal T+2 settlement.공지 • Apr 03Kitron Asa Revises Earnings Guidance for the Full Year 2025Kitron ASA revised earnings guidance for the full year 2025. For the period, Kitron updated its financial outlook due to strong demand within the Defence/Aerospace market sector along with a gradual recovery in other segments. At this time, Kitron expects revenues for the full year 2025 to be between EUR 640 and EUR 710 million. Operating profit (EBIT) is expected to be between EUR 47 and EUR 65 million. The previous outlook was for revenues between EUR 600 and EUR 700 million, with an operating profit (EBIT) between EUR 42 and EUR 63 million.공지 • Feb 13+ 1 more updateKitron ASA Proposes Cash Dividend, Payable on or About 15 May 2025Kitron ASA proposed cash dividend of NOK 0.35 per share. Ex-date is 25 April 2025. Record date is 28 April 2025. Payment date is on or about 15 May 2025. Date of approval is 24 April 2025.공지 • Jan 20+ 4 more updatesKitron ASA to Report Q4, 2025 Results on Feb 12, 2026Kitron ASA announced that they will report Q4, 2025 results on Feb 12, 2026공지 • Dec 10Kitron ASA Reiterates Earnings Guidance for the Year 2024 and Provides Earnings Guidance for the Year 2025Kitron ASA reiterated earnings guidance for the year 2024 and provided earnings guidance for the year 2025. For 2024, Kitron reiterated its outlook from the third-quarter report and expects revenue to be between EUR 635 and EUR 660 million with an operating profit (EBIT) between EUR 44 and EUR 50 million, including EUR 4.8 million in restructuring costs in the first quarter. For 2025, Kitron expects revenue to be between EUR 600 and EUR 700 million with an operating profit (EBIT) between EUR 42 and EUR 63 million.공지 • Nov 30Kitron ASA, Annual General Meeting, Apr 24, 2025Kitron ASA, Annual General Meeting, Apr 24, 2025.Reported Earnings • Oct 24Third quarter 2024 earnings released: EPS: €0.03 (vs €0.05 in 3Q 2023)Third quarter 2024 results: EPS: €0.03 (down from €0.05 in 3Q 2023). Revenue: €145.1m (down 19% from 3Q 2023). Net income: €6.10m (down 37% from 3Q 2023). Profit margin: 4.2% (down from 5.4% in 3Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 6.3% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Electronic industry in Germany. Over the last 3 years on average, earnings per share has increased by 34% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth.Reported Earnings • Jul 12Second quarter 2024 earnings released: EPS: €0.05 (vs €0.08 in 2Q 2023)Second quarter 2024 results: EPS: €0.05 (down from €0.08 in 2Q 2023). Revenue: €167.6m (down 19% from 2Q 2023). Net income: €10.4m (down 34% from 2Q 2023). Profit margin: 6.2% (down from 7.6% in 2Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 7.1% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Electronic industry in Germany. Over the last 3 years on average, earnings per share has increased by 38% per year but the company’s share price has only increased by 21% per year, which means it is significantly lagging earnings growth.공지 • Jul 11Kitron ASA Reiterates Earnings Guidance for the Year 2024Kitron ASA reiterated earnings guidance for the year 2024. For the year, the company expects revenue to be between EUR 660 million and EUR 710 million with an operating profit (EBIT) between EUR 53 million and EUR 60 million, including EUR 4.8 million in restructuring costs in the first quarter.공지 • May 14Kitron ASA (OB:KIT) commences an Equity Buyback Plan, under the authorization approved on April 25, 2024.Kitron ASA (OB:KIT) commences a share repurchases on May 13, 2024, under the program mandated by the shareholders in the Annual General Meeting held on April 25, 2024. As per the mandate, the company is authorized to repurchase its own shares worth a total nominal value of NOK 1.98 million, representing 10% of the company's share capital. The company will pay a minimum NOK 1 per share and maximum the prevailing market price per share on the day the offer is made, provided, however, that the maximum amount does not exceed NOK 100 per share. The shares repurchased shall either be cancelled, used as remuneration to the members of the Board of Directors, used in incentive schemes or be used as consideration in connection with acquisition of other companies or businesses, joint ventures or joint business operations, and acquisition of property and business. This authorization shall be valid until next Annual General Meeting, but not longer than June 30, 2025. As of April 4, 2024, the company had 198,217,134 shares outstanding and had no shares in treasury.Reported Earnings • Apr 28First quarter 2024 earnings released: EPS: €0.03 (vs €0.07 in 1Q 2023)First quarter 2024 results: EPS: €0.03 (down from €0.07 in 1Q 2023). Revenue: €173.9m (down 8.8% from 1Q 2023). Net income: €6.50m (down 51% from 1Q 2023). Profit margin: 3.7% (down from 7.0% in 1Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 4.7% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Electronic industry in Germany. Over the last 3 years on average, earnings per share has increased by 39% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth.공지 • Apr 27Kitron ASA Revises Earnings Guidance for the Year 2024Kitron ASA revised earnings guidance for the year 2024. For 2024, the company has previously indicated a revenue outlook of between EUR 700 million and EUR 800 million and an operating profit (EBIT) between EUR 60 million and EUR 74 million. Due to the challenging market outlook, the company now expect revenue to be between EUR 660 million and EUR 710 million. Cost initiatives are implemented to maintain operating margins, and The company expects an operating profit (EBIT) between EUR 53 million and EUR 60 million, including EUR 4.8 million in restructuring costs in the first quarter.Buy Or Sell Opportunity • Apr 26Now 23% undervalued after recent price dropOver the last 90 days, the stock has fallen 14% to €2.37. The fair value is estimated to be €3.07, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 27% over the last 3 years. Earnings per share has grown by 36%. Revenue is forecast to decline by 0.2% in 2 years. Earnings are forecast to grow by 7.4% in the next 2 years.Upcoming Dividend • Apr 19Upcoming dividend of kr0.75 per shareEligible shareholders must have bought the stock before 26 April 2024. Payment date: 16 May 2024. Payout ratio is a comfortable 26% and this is well supported by cash flows. Trailing yield: 2.4%. Lower than top quartile of German dividend payers (4.8%). Higher than average of industry peers (2.0%).Reported Earnings • Mar 23Full year 2023 earnings released: EPS: €0.26 (vs €1.46 in FY 2022)Full year 2023 results: EPS: €0.26 (down from €1.46 in FY 2022). Revenue: €775.2m (down 88% from FY 2022). Net income: €51.1m (down 82% from FY 2022). Profit margin: 6.6% (up from 4.4% in FY 2022). The increase in margin was driven by lower expenses. Revenue is forecast to grow 6.8% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Electronic industry in Germany. Over the last 3 years on average, earnings per share has increased by 45% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth.Reported Earnings • Feb 16Full year 2023 earnings released: EPS: €0.26 (vs €0.14 in FY 2022)Full year 2023 results: EPS: €0.26 (up from €0.14 in FY 2022). Revenue: €775.2m (up 25% from FY 2022). Net income: €51.1m (up 87% from FY 2022). Profit margin: 6.6% (up from 4.4% in FY 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 7.5% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Electronic industry in Germany. Over the last 3 years on average, earnings per share has increased by 36% per year but the company’s share price has only increased by 20% per year, which means it is significantly lagging earnings growth.공지 • Feb 15Kitron ASA Reiterates Earnings Guidance for the Year 2024Kitron ASA provided reiterated earnings guidance for the year 2024. For the year, the company expects revenues between EUR 700 and 800 million. Operating profit (EBIT) is expected to be between EUR 60 and 74 million.공지 • Feb 14Kitron ASA Proposes Cash Dividend, Payable on or About 16 May 2024Kitron ASA proposed cash dividend of NOK 0.75 per share. Ex-date is 26 April 2024. Record date is 29 April 2024. Payment date is on or about 16 May 2024. Date of approval is 25 April 2024.Buying Opportunity • Dec 14Now 24% undervalued after recent price dropOver the last 90 days, the stock is down 21%. The fair value is estimated to be €3.22, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 24% over the last 3 years. Earnings per share has grown by 29%. Revenue is forecast to grow by 27% in 2 years. Earnings is forecast to grow by 17% in the next 2 years.공지 • Dec 13Kitron Provides Earnings Guidance for the Third Quarter of 2023 and Full Year 2024Kitron provided earnings guidance for the third quarter of 2023 and full year 2024. For the quarter, the company expects revenues between EUR 750 million and EUR 800 million with an operating profit (EBIT) between EUR 65 million and EUR 75 million.For 2024, the company expects revenues between EUR 700 million and EUR 800 million. Operating profit (EBIT) is expected to be between EUR 60 million and EUR 74 million.공지 • Nov 29+ 5 more updatesKitron ASA, Annual General Meeting, Apr 25, 2024Kitron ASA, Annual General Meeting, Apr 25, 2024.New Risk • Nov 10New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 6.3% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (18% operating cash flow to total debt). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (6.3% average weekly change).Reported Earnings • Oct 27Third quarter 2023 earnings released: EPS: €0.05 (vs €0.04 in 3Q 2022)Third quarter 2023 results: EPS: €0.05 (up from €0.04 in 3Q 2022). Revenue: €179.2m (up 8.3% from 3Q 2022). Net income: €9.70m (up 29% from 3Q 2022). Profit margin: 5.4% (up from 4.5% in 3Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 6.9% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Electronic industry in Germany. Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has only increased by 19% per year, which means it is significantly lagging earnings growth.공지 • Oct 26Kitron ASA Reiterates Earnings Guidance for the Year 2023Kitron ASA reiterated earnings guidance for the year 2023. For 2023, the company reiterates its outlook from the second-quarter report and expects revenues between EUR 750 million and EUR 800 million with an operating profit (EBIT) between EUR 65 million and EUR 75 million.Recent Insider Transactions • Aug 25Insider recently sold €118k worth of stockOn the 22nd of August, Carsten Christensen sold around 36k shares on-market at roughly €3.24 per share. This transaction amounted to 70% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €78k more than they bought in the last 12 months.Buying Opportunity • Aug 16Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 11%. The fair value is estimated to be €4.30, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 23% over the last 3 years. Earnings per share has grown by 22%. Revenue is forecast to grow by 36% in 2 years. Earnings is forecast to grow by 37% in the next 2 years.Reported Earnings • Jul 14Second quarter 2023 earnings released: EPS: €0.08 (vs €0.03 in 2Q 2022)Second quarter 2023 results: EPS: €0.08 (up from €0.03 in 2Q 2022). Revenue: €206.3m (up 31% from 2Q 2022). Net income: €15.7m (up 138% from 2Q 2022). Profit margin: 7.6% (up from 4.2% in 2Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Electronic industry in Germany. Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has increased by 34% per year, which means it is tracking significantly ahead of earnings growth.공지 • Jul 14Kitron ASA Revises Earnings Guidance for the Fiscal Year 2023Kitron ASA revised earnings guidance for the fiscal year 2023. For 2023, the company has previously indicated a revenue outlook of between EUR 700 and 800 million and an operating profit (EBIT) between EUR 60 and 75 million. Entering the second half of 2023, demand continues to be strong and capital efficiency ratios are improving. The company now expects revenues between EUR 750 and 800 million with an operating profit (EBIT) between EUR 65 and EUR 75 million.New Risk • Jul 14New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 6.8% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks High level of debt (91% net debt to equity). Share price has been volatile over the past 3 months (6.8% average weekly change).공지 • Jun 06Kitron ASA (OB:KIT) commences an Equity Buyback Plan, under the authorization approved on April 28, 2023.Kitron ASA (OB:KIT) commences a share repurchases on June 5, 2023, under the program mandated by the shareholders in the Annual General Meeting held on April 28, 2023. As per the mandate, the company is authorized to repurchase its own shares worth a total nominal value of NOK 1.98 million, representing 10% of the company's share capital. The company will pay a minimum NOK 1 per share and maximum the prevailing market price per share on the day the offer is made, provided, however, that the maximum amount does not exceed NOK 100 per share. The shares repurchased shall either be cancelled, used as remuneration to the members of the Board of Directors, used in incentive schemes or be used as consideration in connection with acquisition of other companies or businesses, joint ventures or joint business operations, and acquisition of property and business. This authorization shall be valid until next Annual General Meeting, but not longer than June 30, 2024. As of April 5, 2023, the company had 197,691,053 shares outstanding and had no shares in treasury. On June 2, 2023, the company announced a share repurchase program. Under the program, the company will repurchase up to 22,000 shares for NOK 1 million. The program is valid till June 7, 2023.Board Change • May 01Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 8 experienced directors. 3 highly experienced directors. Board Director Michael Thomsen was the last director to join the board, commencing their role in 2022. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.Upcoming Dividend • Apr 25Upcoming dividend of kr0.50 per share at 1.4% yieldEligible shareholders must have bought the stock before 02 May 2023. Payment date: 18 May 2023. Payout ratio is a comfortable 34% and the cash payout ratio is 77%. Trailing yield: 1.4%. Lower than top quartile of German dividend payers (4.6%). In line with average of industry peers (1.5%).Reported Earnings • Mar 27Full year 2022 earnings released: EPS: kr1.46 (vs kr0.85 in FY 2021)Full year 2022 results: EPS: kr1.46 (up from kr0.85 in FY 2021). Revenue: kr6.49b (up 75% from FY 2021). Net income: kr287.1m (up 88% from FY 2021). Profit margin: 4.4% (up from 4.1% in FY 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 9.0% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Electronic industry in Germany. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has increased by 63% per year, which means it is tracking significantly ahead of earnings growth.Reported Earnings • Feb 16Full year 2022 earnings released: EPS: kr1.46 (vs kr0.85 in FY 2021)Full year 2022 results: EPS: kr1.46 (up from kr0.85 in FY 2021). Revenue: kr6.49b (up 75% from FY 2021). Net income: kr287.1m (up 88% from FY 2021). Profit margin: 4.4% (up from 4.1% in FY 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 9.0% p.a. on average during the next 3 years, compared to a 10.0% growth forecast for the Electronic industry in Germany. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has increased by 31% per year, which means it is tracking significantly ahead of earnings growth.공지 • Dec 16+ 5 more updatesKitron ASA to Report First Half, 2023 Results on Jul 13, 2023Kitron ASA announced that they will report first half, 2023 results on Jul 13, 2023공지 • Dec 14Kitron ASA Provides Earnings Guidance for Year 2023Kitron ASA provided earnings guidance for year 2023. The company expects revenue between NOK 6,700 million and NOK 7,300 million in 2023. Operating profit (EBIT) is expected to be between NOK 450 million and NOK 550 million.공지 • Dec 09Kitron Asa Provides Outlook for the Third-Quarter and Full-Year 2022Kitron ASA provided outlook for the third-quarter and full-year 2022. For the quarter, the company increased the 2022 revenue outlook to an interval of NOK 6 200 to 6 400 million, while the interval for operating profit (EBIT) at the time was increased to NOK 390 to 430 million.For the full-year, the company raises its full-year 2022 revenue outlook to between NOK 6 450 and 6 550 million. Operating profit (EBIT) is expected to be between NOK 440 million and 470 million.Buying Opportunity • Dec 03Now 20% undervaluedOver the last 90 days, the stock is up 19%. The fair value is estimated to be €2.87, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 14% over the last 3 years. Earnings per share has grown by 7.1%. Revenue is forecast to grow by 32% in 2 years. Earnings is forecast to grow by 70% in the next 2 years.Buying Opportunity • Nov 11Now 20% undervaluedOver the last 90 days, the stock is up 14%. The fair value is estimated to be €2.88, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 14% over the last 3 years. Earnings per share has grown by 7.1%. Revenue is forecast to grow by 32% in 2 years. Earnings is forecast to grow by 70% in the next 2 years.Reported Earnings • Oct 27Third quarter 2022 earnings released: EPS: kr0.38 (vs kr0.11 in 3Q 2021)Third quarter 2022 results: EPS: kr0.38 (up from kr0.11 in 3Q 2021). Revenue: kr1.66b (up 100% from 3Q 2021). Net income: kr75.2m (up 285% from 3Q 2021). Profit margin: 4.5% (up from 2.4% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Electronic industry in Germany. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has increased by 32% per year, which means it is tracking significantly ahead of earnings growth.공지 • Oct 26Kitron Asa Raises Earning Guidance for 2022Kitron ASA raised earning guidance for 2022. For 2022, Kitron has previously indicated a revenue outlook of between NOK 5,700 and 6,100 million and an operating profit (EBIT) between NOK 330 million and 400 million. At this point, Kitron sees strong demand from customers and continued ease of supply chain constraints. Profitability is improving compared to the start of the year, when rapid cost increases challenged the company. Kitron therefore raises its revenue outlook to between NOK 6,200 and 6,400 million. Operating profit is expected to be between NOK 390 million and NOK 430 million.Reported Earnings • Jul 13Second quarter 2022 earnings released: EPS: kr0.34 (vs kr0.27 in 2Q 2021)Second quarter 2022 results: EPS: kr0.34 (up from kr0.27 in 2Q 2021). Revenue: kr1.58b (up 59% from 2Q 2021). Net income: kr66.3m (up 36% from 2Q 2021). Profit margin: 4.2% (down from 4.9% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 29%, compared to a 20% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has increased by 25% per year, which means it is tracking significantly ahead of earnings growth.공지 • Jul 13Kitron ASA Revises Earnings Guidance for the Full Year 2022Kitron ASA revised earnings guidance for the full year 2022. For the period, the company raises revenue outlook to between NOK 5,700 and 6,100 million. Operating profit is expected to be between NOK 330 million and NOK 400 million against previously indicated a revenue outlook of between NOK 5,200 and 5,800 million and operating profit (EBIT) between NOK 330 million and 430 million.Reported Earnings • Apr 28First quarter 2022 earnings released: EPS: kr0.23 (vs kr0.25 in 1Q 2021)First quarter 2022 results: EPS: kr0.23 (down from kr0.25 in 1Q 2021). Revenue: kr1.43b (up 52% from 1Q 2021). Net income: kr44.4m (flat on 1Q 2021). Profit margin: 3.1% (down from 4.8% in 1Q 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 40%, compared to a 26% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has increased by 28% per year, which means it is tracking significantly ahead of earnings growth.공지 • Apr 27Kitron ASA Provides Earnings Guidance for the Year 2022Kitron ASA provided earnings guidance for the year 2022. For 2022, Kitron expects revenue between NOK 5 200 and 5 800 million, including BB Electronics. Operating profit (EBIT) is expected to be between NOK 330 and 430 million.Upcoming Dividend • Apr 21Upcoming dividend of kr0.25 per shareEligible shareholders must have bought the stock before 28 April 2022. Payment date: 16 May 2022. Payout ratio is a comfortable 29% but the company is paying out more than the cash it is generating. Trailing yield: 1.2%. Lower than top quartile of German dividend payers (3.9%). In line with average of industry peers (1.1%).공지 • Apr 07Kitron ASA Proposes Dividend for the Financial Year 2021, Payable on or About May 16, 2022Kitron ASA announced that the Board of Directors proposed to the General Meeting to pay a dividend of NOK 0.25 per share for the financial year 2021. The dividend will be payable to shareholders registered in Kitron's shareholder register with the Norwegian Central Securities Depository (Euronext Securities Oslo, formerly named Euronext VPS) as of expiry of 29 April 2022. Provided the Annual General Meeting approves the proposal, the dividend is expected to be paid on or about 16 May 2022.공지 • Mar 10Kitron ASA Provides Earnings Guidance for the Year 2022Kitron ASA provided earnings guidance for the year 2022. For 2022, the company expects revenue between NOK 5,200 and 5,800 million, including BB Electronics, which was acquired in January. Operating profit (EBIT) is expected to be between NOK 330 and 430 million.공지 • Feb 12Kitron Asa Provides Earnings Guidance for the Year 2022Kitron ASA provided earnings guidance for the year 2022. For the period, The company expects revenues to be between NOK 5.2 billion and NOK 5.8 billion, including BB Electronics. The operating profit EBIT is expected to be between NOK 330 million and NOK 430 million.공지 • Feb 11Kitron ASA Proposes DividendKitron ASA proposed dividend of NOK 0.25 per share, payable on or about 16 May 2022. Ex-date is 28 April 2022. Record date is 29 April 2022.공지 • Feb 01+ 2 more updatesKitron ASA to Report Q4, 2022 Results on Feb 15, 2023Kitron ASA announced that they will report Q4, 2022 results on Feb 15, 2023공지 • Jan 12Kitron ASA (OB:KIT) completed the acquisition of BB Electronics A/S from external investors and management.Kitron ASA (OB:KIT) entered into an agreement to acquire BB Electronics A/S from external investors and management for DKK 600 million on December 20, 2021. Consideration is on a debt- and cash-free (Enterprise Value) basis. The acquisition includes all operations and assets of BB Electronics, inter alia in Denmark, the Czech Republic and China. Kitron has established a term loan facility with DNB Bank ASA, has available revolving credit facilities and received binding offers for debt financing of the acquisition. Kitron expects to enter into agreements for relevant debt financing of the acquisition in due course prior to closing and may also consider equity financing in relation to funding of the acquisition. There are no financing conditions for the acquisition. BB Electronics had net debt of DKK 54.2 million as of 30 September 2021. Management resources will add to Kitron and profitable contribution to Kitron is expected from day 1 following completion. The transaction is conditional upon customary closing conditions and is expected to be completed January 2022. Through the addition of high quality, long-term earnings, the transaction further diversifies Kitron's cash flows and strengthens Kitron's ability to accelerate further growth. Sparebank 1 Markets AS is acting as financial advisor and Advokatfirmaet Selmer AS as legal advisor to Kitron. In addition, Ernst&Young has been engaged to carry out financial due diligence, and Bird&Bird has carried out legal due diligence in Denmark, the Czech Republic and China. Kitron ASA (OB:KIT) completed the acquisition of BB Electronics A/S from external investors and management on January 10, 2022.공지 • Dec 22Kitron ASA (OB:KIT) entered into an agreement to acquire BB Electronics A/S from BB Electronics Holding ApS, external investors and BB Electronics management for DKK 600 million.Kitron ASA (OB:KIT) entered into an agreement to acquire BB Electronics A/S from BB Electronics Holding ApS, external investors and BB Electronics management for DKK 600 million on December 20, 2021. Consideration is on a debt- and cash-free (Enterprise Value) basis. The acquisition includes all operations and assets of BB Electronics, inter alia in Denmark, the Czech Republic and China. Kitron has established a term loan facility with DNB Bank ASA, has available revolving credit facilities and received binding offers for debt financing of the acquisition. Kitron expects to enter into agreements for relevant debt financing of the acquisition in due course prior to closing and may also consider equity financing in relation to funding of the acquisition. There are no financing conditions for the acquisition. BB Electronics had net debt of DKK 54.2 million as of 30 September 2021. Management resources will add to Kitron and profitable contribution to Kitron is expected from day 1 following completion. The transaction is conditional upon customary closing conditions and is expected to be completed January 2022. Through the addition of high quality, long-term earnings, the transaction further diversifies Kitron's cash flows and strengthens Kitron's ability to accelerate further growth.공지 • Dec 11+ 1 more updateKitron ASA Expects Production Halt to Last Two WeeksKitron ASA announced 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. Kitron’s facility is located in the Zhenhai district, and although there are no known cases at Kitron's facility, production was halted on December 7 due to the restrictions. The production halt is expected to last two weeks. Kitron's other sites will not be able to compensate for the production halt in Ningbo.Reported Earnings • Oct 23Third quarter 2021 earnings released: EPS kr0.11 (vs kr0.34 in 3Q 2020)The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2021 results: Revenue: kr831.4m (down 21% from 3Q 2020). Net income: kr19.5m (down 68% from 3Q 2020). Profit margin: 2.4% (down from 5.8% in 3Q 2020). The decrease in margin was driven by lower revenue.Valuation Update With 7 Day Price Move • Oct 20Investor sentiment improved over the past weekAfter last week's 15% share price gain to €2.05, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 22x in the Electronic industry in Germany. Total returns to shareholders of 23% over the past year. Simply Wall St's valuation model estimates the intrinsic value at €2.67 per share.Upcoming Dividend • Sep 28Upcoming dividend of kr0.35 per shareEligible shareholders must have bought the stock before 05 October 2021. Payment date: 22 October 2021. Trailing yield: 3.8%. Within top quartile of German dividend payers (3.1%). Higher than average of industry peers (0.7%).공지 • Jul 14Kitron ASA Provides Earnings Guidance for the Year 2021Kitron ASA provided earnings guidance for the year 2021. For 2021, Kitron expects revenues to be between NOK 3.9 billion and NOK 4.2 billion. EBIT margin is expected to be between 6.8% and 7.4%. The order backlog for defense weakens for the full year, and sales outlook is also expected to be down around 10%.Reported Earnings • Jul 13Second quarter 2021 earnings released: EPS kr0.27 (vs kr0.36 in 2Q 2020)The company reported a poor second quarter result with weaker earnings, revenues and profit margins. Second quarter 2021 results: Revenue: kr993.8m (down 4.5% from 2Q 2020). Net income: kr48.6m (down 24% from 2Q 2020). Profit margin: 4.9% (down from 6.2% in 2Q 2020). The decrease in margin was driven by lower revenue.Reported Earnings • Apr 24First quarter 2021 earnings released: EPS kr0.25 (vs kr0.23 in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: kr937.5m (up 6.8% from 1Q 2020). Net income: kr44.7m (up 9.4% from 1Q 2020). Profit margin: 4.8% (up from 4.7% in 1Q 2020). The increase in margin was driven by higher revenue.Upcoming Dividend • Apr 15Upcoming dividend of kr0.35 per shareEligible shareholders must have bought the stock before 22 April 2021. Payment date: 03 May 2021. Trailing yield: 3.3%. Within top quartile of German dividend payers (3.2%). Higher than average of industry peers (0.8%).공지 • Mar 25Kitron ASA Provides Earnings Guidance for the Year 2021Kitron ASA provided earnings guidance for the year 2021. For 2021, the company expects revenue between NOK 3,900 and NOK 4,200 million.Reported Earnings • Mar 25Full year 2020 earnings released: EPS kr1.19 (vs kr0.74 in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: kr3.96b (up 20% from FY 2019). Net income: kr213.1m (up 61% from FY 2019). Profit margin: 5.4% (up from 4.0% in FY 2019). The increase in margin was driven by higher revenue.매출 및 비용 세부 내역Kitron가 돈을 벌고 사용하는 방법. 최근 발표된 LTM 실적 기준.순이익 및 매출 추이DB:KP5 매출, 비용 및 순이익 (EUR Millions)날짜매출순이익일반관리비연구개발비31 Mar 2684656125031 Dec 2573844111030 Sep 2566532100030 Jun 256432996031 Mar 256382995031 Dec 2464728100030 Sep 2468636104030 Jun 2472039106031 Mar 2475944110031 Dec 2377551107030 Sep 2375148110030 Jun 2373746108031 Mar 2368837102031 Dec 226412896030 Sep 225552286030 Jun 224731777031 Mar 224291671031 Dec 213701564030 Sep 213711665030 Jun 213892064031 Mar 214012263031 Dec 203782058030 Sep 203531853030 Jun 203281551031 Mar 202941247031 Dec 193351353030 Sep 193181350030 Jun 193071349031 Mar 192871346031 Dec 182641142030 Sep 182701244030 Jun 182651143031 Mar 182591143031 Dec 172471042030 Sep 172491043030 Jun 172381042031 Mar 17238943031 Dec 16230842030 Sep 16228844030 Jun 16221843031 Mar 16210741031 Dec 15203840030 Sep 15200739030 Jun 152076420양질의 수익: KP5는 고품질 수익을 보유하고 있습니다.이익 마진 증가: KP5의 현재 순 이익률 (6.6%)은 지난해 (4.6%)보다 높습니다.잉여현금흐름 대비 순이익 분석과거 순이익 성장 분석수익추이: KP5의 수익은 지난 5년 동안 연평균 16.5% 증가했습니다.성장 가속화: 지난 1년간 KP5 의 수익 증가율(93.1%)은 연간 평균(16.5%)을 초과합니다.수익 대 산업: KP5의 지난 1년 수익 증가율(93.1%)은 Electronic 업계의 1.6%를 상회했습니다.자기자본이익률높은 ROE: KP5의 자본 수익률(16%)은 낮음으로 평가됩니다.총자산이익률투하자본수익률우수한 과거 실적 기업을 찾아보세요7D1Y7D1Y7D1YTech 산업에서 과거 실적이 우수한 기업.View Financial Health기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/05/06 13:12종가2026/05/06 00:00수익2026/03/31연간 수익2025/12/31데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델에 대한 자세한 내용은 당사의 Github 페이지에서 확인하실 수 있습니다. 또한 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공합니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스Kitron ASA는 8명의 분석가가 다루고 있습니다. 이 중 5명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관null nullABG Sundal CollierSimen MortensenDNB CarnegieChristoffer BjørnsenDNB Carnegie5명의 분석가 더 보기
공지 • Dec 01+ 4 more updatesKitron ASA to Report Q4, 2026 Results on Feb 11, 2027Kitron ASA announced that they will report Q4, 2026 results on Feb 11, 2027
공지 • Jan 20+ 4 more updatesKitron ASA to Report Q4, 2025 Results on Feb 12, 2026Kitron ASA announced that they will report Q4, 2025 results on Feb 12, 2026
Reported Earnings • Oct 24Third quarter 2024 earnings released: EPS: €0.03 (vs €0.05 in 3Q 2023)Third quarter 2024 results: EPS: €0.03 (down from €0.05 in 3Q 2023). Revenue: €145.1m (down 19% from 3Q 2023). Net income: €6.10m (down 37% from 3Q 2023). Profit margin: 4.2% (down from 5.4% in 3Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 6.3% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Electronic industry in Germany. Over the last 3 years on average, earnings per share has increased by 34% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Jul 12Second quarter 2024 earnings released: EPS: €0.05 (vs €0.08 in 2Q 2023)Second quarter 2024 results: EPS: €0.05 (down from €0.08 in 2Q 2023). Revenue: €167.6m (down 19% from 2Q 2023). Net income: €10.4m (down 34% from 2Q 2023). Profit margin: 6.2% (down from 7.6% in 2Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 7.1% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Electronic industry in Germany. Over the last 3 years on average, earnings per share has increased by 38% per year but the company’s share price has only increased by 21% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Apr 28First quarter 2024 earnings released: EPS: €0.03 (vs €0.07 in 1Q 2023)First quarter 2024 results: EPS: €0.03 (down from €0.07 in 1Q 2023). Revenue: €173.9m (down 8.8% from 1Q 2023). Net income: €6.50m (down 51% from 1Q 2023). Profit margin: 3.7% (down from 7.0% in 1Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 4.7% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Electronic industry in Germany. Over the last 3 years on average, earnings per share has increased by 39% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Mar 23Full year 2023 earnings released: EPS: €0.26 (vs €1.46 in FY 2022)Full year 2023 results: EPS: €0.26 (down from €1.46 in FY 2022). Revenue: €775.2m (down 88% from FY 2022). Net income: €51.1m (down 82% from FY 2022). Profit margin: 6.6% (up from 4.4% in FY 2022). The increase in margin was driven by lower expenses. Revenue is forecast to grow 6.8% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Electronic industry in Germany. Over the last 3 years on average, earnings per share has increased by 45% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth.
공지 • Apr 24Kitron ASA Approves Dividend, Payable on or About 15 May 2026Kitron ASA at its AGM held on 24 April 2026 approved dividend of NOK 0.70 per share for shareholders registered in Kitron's shareholder register with the Norwegian Central Securities Depository (Euronext Securities Oslo, formerly named Euronext VPS) as of the expiry of 28 April 2026 based on normal T+2 settlement. Kitron's shares will be traded on the Oslo Stock Exchange exclusive the right to receive dividend on 27 April 2026. The dividend is expected to be paid on or about 15 May 2026.
공지 • Feb 12+ 1 more updateKitron ASA Proposes Cash Dividend, Payable on or About 15 May 2026Kitron ASA proposed cash dividend of NOK 0.70 per share. Last day including right: 24 April 2026; Ex-date: 27 April 2026; Record date: 28 April 2026; Payment date: On or about 15 May 2026;Date of approval: 24 April 2026.
공지 • Jan 13Kitron ASA (OB:KIT) completed the acquisition of Deltanordic Sweden Ab from Mind Industrial Group AB and Jsls Holding Ab.Kitron ASA (OB:KIT) entered into an agreement to acquire Deltanordic Sweden Ab from Mind Industrial Group AB and Jsls Holding Ab for SEK 1.3 billion on November 19, 2025. The consideration of SEK 1.3 billion on a debt- and cash-free basis, consists to a cash consideration of SEK 760 million will be paid by Kitron ASA. The consideration consists of common equity of Kitron ASA having a value of SEK 150 million to be issued for common equity of Deltanordic Sweden Ab. Kitron ASA will pay an earnout/contingent payment of SEK 345 million cash. Financing of the acquisition is contemplated by way of available funds and facilities. Kitron may consider existing facilities in combination with other financing alternatives, including new bank facilities, debt, equity or other third party financing, to settle the cash part of the purchase price at closing. Transaction subject to approval from the Swedish Competition Authority and that the Swedish Inspectorate of Strategic Products has cleared or given its approval to the acquisition, with expected lead time of 25 working days. As of December 22, 2025, the transaction was approved by the Swedish Competition Authority and the Swedish Inspectorate of Strategic Products The transaction is expected to close in early January 2026. The acquisition is estimated to be accretive, and adds significant shareholder value. As of November 25, 2025, it was announced that Kitron ASA completed a private placement raising approximately NOK 973.25 million (SEK 907.05 million) in gross proceeds. Approximately NOK 814 million (SEK 758.63 million) of the net proceeds will be used to finance the cash consideration of the acquisition. MP Corporate Finance GmbH acted as financial advisor, Ernst & Young acted as financial due diligence provider, and Advokatfirmaet Selmer DA acted as legal advisor to Kitron. Led by Hans Svensson, Morten Nissen, Wendela Hårdemark, Mårten Lindberg, Gunnar Hjalt, Dasha Arntyr, and Ariana Sohrabi of Bird & Bird LLP acted as legal advisor to Kitron. Ulrika Sparrman, Richard Jacobsson, Gabriel Albemark, and Sara Malmgren of Eversheds Sutherland Advokatbyrå Ab acted as legal advisor to Mind Industrial Group AB and Jsls Holding Ab. Kitron ASA (OB:KIT) completed the acquisition of Deltanordic Sweden Ab from Mind Industrial Group AB and Jsls Holding Ab on January 12, 2026. In connection with completion of the Transaction, Kitron's board of directors has today resolved to issue 2,299,612 new shares to the sellers pursuant to the existing board authorisation to issue new shares granted by the Kitron’s annual general meeting held on April 24, 2025. Furthermore, 1,192,927 of the consideration shares are subject to a lock-up period of 12 months and 1,106,685 consideration shares are subject to a lock-up period of 6 months on the terms and conditions of the share purchase agreement.
Board Change • Dec 30High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Employee Representative Director Haakon Ljostad was the last director to join the board, commencing their role in 2025. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.
공지 • Dec 11Kitron ASA Provides Earnings Guidance for 2026Kitron ASA provided earnings guidance for 2026. For 2026, company expects revenues of EUR 855 million to EUR 943 million and operating profit (EBIT) of EUR 77 million to EUR 93 million. These figures include DeltaNordic. Reflecting accelerating defence demand and expanded capacity, Kitron is updating and extending its medium-term ambitions. Over the coming year, the company expects to approach its previously communicated revenue target of EUR 1 billion. Kitron now outlines the way forward to EUR 1.5 billion in revenue.
공지 • Dec 02Kitron ASA, Annual General Meeting, Apr 24, 2026Kitron ASA, Annual General Meeting, Apr 24, 2026.
공지 • Dec 01+ 4 more updatesKitron ASA to Report Q4, 2026 Results on Feb 11, 2027Kitron ASA announced that they will report Q4, 2026 results on Feb 11, 2027
공지 • Nov 26+ 1 more updateKitron ASA has completed a Follow-on Equity Offering in the amount of NOK 973.25 million.Kitron ASA has completed a Follow-on Equity Offering in the amount of NOK 973.25 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 17,000,000 Price\Range: NOK 57.25 Transaction Features: Regulation S; Subsequent Direct Listing
공지 • Nov 21Kitron ASA Provides Earnings Guidance for 2026Kitron ASA provided earnings guidance for 2026. For 2026 (excluding DeltaNordic): Revenue of EUR 785 million- EUR 865 million. EBIT of EUR 70 million- EUR 84 million.
공지 • Nov 20Kitron ASA (OB:KIT) entered into an agreement to acquire Deltanordic Sweden Ab from Mind Industrial Group AB and Jsls Holding Ab for SEK 1.3 billion.Kitron ASA (OB:KIT) entered into an agreement to acquire Deltanordic Sweden Ab from Mind Industrial Group AB and Jsls Holding Ab for SEK 1.3 billion on November 19, 2025. The consideration of SEK 1.3 billion on a debt- and cash-free basis, consists to a cash consideration of SEK 760 million will be paid by Kitron ASA. The consideration consists of common equity of Kitron ASA having a value of SEK 150 million to be issued for common equity of Deltanordic Sweden Ab. Kitron ASA will pay an earnout/contingent payment of SEK 345 million cash. Financing of the acquisition is contemplated by way of available funds and facilities. Kitron may consider existing facilities in combination with other financing alternatives, including new bank facilities, debt, equity or other third party financing, to settle the cash part of the purchase price at closing. There are no financing conditions for the acquisition. Transaction subject to approval from the Swedish Competition Authority and that the Swedish Inspectorate of Strategic Products has cleared or given its approval to the acquisition, with expected lead time of 25 working days. Closing expected to take place in late December, 2025/January, 2026. The acquisition is estimated to be accretive, and adds significant shareholder value.
공지 • Oct 24Kitron ASA Revises Earnings Guidance for the Year 2025Kitron ASA revised earnings guidance for the year 2025. For the period, the company expects revenue to be between EUR 700 and 740 million. Operating profit (EBIT) is expected to be between EUR 59 and 66 million. The previous outlook was for revenue between EUR 675 and 725 million, with an operating profit (EBIT) between EUR 55 and 65 million. The increase is due to growing demand in the Defence/Aerospace market sector.
공지 • Sep 26Kitron Asa Announces Executive ChangesKitron announces that Chief Operating Officer Kristoffer Asklov has tendered his resignation in order to assume the role of CEO at a Swedish manufacturing company outside Kitron's competitive landscape. To ensure a smooth transition, Mr. Asklov will remain with Kitron through the fourth quarter and leave the company at the end of the year. Mr. Asklov responsibilities will be dividend between Chief Technology Officer Stian Haugen and Hasse Faxe, who will join the corporate management team as Chief Commercial Officer on 1 October. Mr. Haugen has been with Kitron since 2013 and has served as Chief Technology Officer since 2020. Mr. Faxe joined the Kitron group through the acquisition of BB Electronics in 2022 and currently serves as Global Sales Director.
공지 • Apr 24Kitron ASA Approves DividendKitron ASA at its Annual General Meeting on 24 April 2025 approved the proposed dividend of NOK 0.35 per share for shareholders registered in shareholder register with the Norwegian Central Securities Depository (Euronext Securities Oslo, formerly named Euronext VPS) as of the expiry of 28 April 2025 based on normal T+2 settlement.
공지 • Apr 03Kitron Asa Revises Earnings Guidance for the Full Year 2025Kitron ASA revised earnings guidance for the full year 2025. For the period, Kitron updated its financial outlook due to strong demand within the Defence/Aerospace market sector along with a gradual recovery in other segments. At this time, Kitron expects revenues for the full year 2025 to be between EUR 640 and EUR 710 million. Operating profit (EBIT) is expected to be between EUR 47 and EUR 65 million. The previous outlook was for revenues between EUR 600 and EUR 700 million, with an operating profit (EBIT) between EUR 42 and EUR 63 million.
공지 • Feb 13+ 1 more updateKitron ASA Proposes Cash Dividend, Payable on or About 15 May 2025Kitron ASA proposed cash dividend of NOK 0.35 per share. Ex-date is 25 April 2025. Record date is 28 April 2025. Payment date is on or about 15 May 2025. Date of approval is 24 April 2025.
공지 • Jan 20+ 4 more updatesKitron ASA to Report Q4, 2025 Results on Feb 12, 2026Kitron ASA announced that they will report Q4, 2025 results on Feb 12, 2026
공지 • Dec 10Kitron ASA Reiterates Earnings Guidance for the Year 2024 and Provides Earnings Guidance for the Year 2025Kitron ASA reiterated earnings guidance for the year 2024 and provided earnings guidance for the year 2025. For 2024, Kitron reiterated its outlook from the third-quarter report and expects revenue to be between EUR 635 and EUR 660 million with an operating profit (EBIT) between EUR 44 and EUR 50 million, including EUR 4.8 million in restructuring costs in the first quarter. For 2025, Kitron expects revenue to be between EUR 600 and EUR 700 million with an operating profit (EBIT) between EUR 42 and EUR 63 million.
공지 • Nov 30Kitron ASA, Annual General Meeting, Apr 24, 2025Kitron ASA, Annual General Meeting, Apr 24, 2025.
Reported Earnings • Oct 24Third quarter 2024 earnings released: EPS: €0.03 (vs €0.05 in 3Q 2023)Third quarter 2024 results: EPS: €0.03 (down from €0.05 in 3Q 2023). Revenue: €145.1m (down 19% from 3Q 2023). Net income: €6.10m (down 37% from 3Q 2023). Profit margin: 4.2% (down from 5.4% in 3Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 6.3% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Electronic industry in Germany. Over the last 3 years on average, earnings per share has increased by 34% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Jul 12Second quarter 2024 earnings released: EPS: €0.05 (vs €0.08 in 2Q 2023)Second quarter 2024 results: EPS: €0.05 (down from €0.08 in 2Q 2023). Revenue: €167.6m (down 19% from 2Q 2023). Net income: €10.4m (down 34% from 2Q 2023). Profit margin: 6.2% (down from 7.6% in 2Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 7.1% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Electronic industry in Germany. Over the last 3 years on average, earnings per share has increased by 38% per year but the company’s share price has only increased by 21% per year, which means it is significantly lagging earnings growth.
공지 • Jul 11Kitron ASA Reiterates Earnings Guidance for the Year 2024Kitron ASA reiterated earnings guidance for the year 2024. For the year, the company expects revenue to be between EUR 660 million and EUR 710 million with an operating profit (EBIT) between EUR 53 million and EUR 60 million, including EUR 4.8 million in restructuring costs in the first quarter.
공지 • May 14Kitron ASA (OB:KIT) commences an Equity Buyback Plan, under the authorization approved on April 25, 2024.Kitron ASA (OB:KIT) commences a share repurchases on May 13, 2024, under the program mandated by the shareholders in the Annual General Meeting held on April 25, 2024. As per the mandate, the company is authorized to repurchase its own shares worth a total nominal value of NOK 1.98 million, representing 10% of the company's share capital. The company will pay a minimum NOK 1 per share and maximum the prevailing market price per share on the day the offer is made, provided, however, that the maximum amount does not exceed NOK 100 per share. The shares repurchased shall either be cancelled, used as remuneration to the members of the Board of Directors, used in incentive schemes or be used as consideration in connection with acquisition of other companies or businesses, joint ventures or joint business operations, and acquisition of property and business. This authorization shall be valid until next Annual General Meeting, but not longer than June 30, 2025. As of April 4, 2024, the company had 198,217,134 shares outstanding and had no shares in treasury.
Reported Earnings • Apr 28First quarter 2024 earnings released: EPS: €0.03 (vs €0.07 in 1Q 2023)First quarter 2024 results: EPS: €0.03 (down from €0.07 in 1Q 2023). Revenue: €173.9m (down 8.8% from 1Q 2023). Net income: €6.50m (down 51% from 1Q 2023). Profit margin: 3.7% (down from 7.0% in 1Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 4.7% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Electronic industry in Germany. Over the last 3 years on average, earnings per share has increased by 39% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth.
공지 • Apr 27Kitron ASA Revises Earnings Guidance for the Year 2024Kitron ASA revised earnings guidance for the year 2024. For 2024, the company has previously indicated a revenue outlook of between EUR 700 million and EUR 800 million and an operating profit (EBIT) between EUR 60 million and EUR 74 million. Due to the challenging market outlook, the company now expect revenue to be between EUR 660 million and EUR 710 million. Cost initiatives are implemented to maintain operating margins, and The company expects an operating profit (EBIT) between EUR 53 million and EUR 60 million, including EUR 4.8 million in restructuring costs in the first quarter.
Buy Or Sell Opportunity • Apr 26Now 23% undervalued after recent price dropOver the last 90 days, the stock has fallen 14% to €2.37. The fair value is estimated to be €3.07, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 27% over the last 3 years. Earnings per share has grown by 36%. Revenue is forecast to decline by 0.2% in 2 years. Earnings are forecast to grow by 7.4% in the next 2 years.
Upcoming Dividend • Apr 19Upcoming dividend of kr0.75 per shareEligible shareholders must have bought the stock before 26 April 2024. Payment date: 16 May 2024. Payout ratio is a comfortable 26% and this is well supported by cash flows. Trailing yield: 2.4%. Lower than top quartile of German dividend payers (4.8%). Higher than average of industry peers (2.0%).
Reported Earnings • Mar 23Full year 2023 earnings released: EPS: €0.26 (vs €1.46 in FY 2022)Full year 2023 results: EPS: €0.26 (down from €1.46 in FY 2022). Revenue: €775.2m (down 88% from FY 2022). Net income: €51.1m (down 82% from FY 2022). Profit margin: 6.6% (up from 4.4% in FY 2022). The increase in margin was driven by lower expenses. Revenue is forecast to grow 6.8% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Electronic industry in Germany. Over the last 3 years on average, earnings per share has increased by 45% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Feb 16Full year 2023 earnings released: EPS: €0.26 (vs €0.14 in FY 2022)Full year 2023 results: EPS: €0.26 (up from €0.14 in FY 2022). Revenue: €775.2m (up 25% from FY 2022). Net income: €51.1m (up 87% from FY 2022). Profit margin: 6.6% (up from 4.4% in FY 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 7.5% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Electronic industry in Germany. Over the last 3 years on average, earnings per share has increased by 36% per year but the company’s share price has only increased by 20% per year, which means it is significantly lagging earnings growth.
공지 • Feb 15Kitron ASA Reiterates Earnings Guidance for the Year 2024Kitron ASA provided reiterated earnings guidance for the year 2024. For the year, the company expects revenues between EUR 700 and 800 million. Operating profit (EBIT) is expected to be between EUR 60 and 74 million.
공지 • Feb 14Kitron ASA Proposes Cash Dividend, Payable on or About 16 May 2024Kitron ASA proposed cash dividend of NOK 0.75 per share. Ex-date is 26 April 2024. Record date is 29 April 2024. Payment date is on or about 16 May 2024. Date of approval is 25 April 2024.
Buying Opportunity • Dec 14Now 24% undervalued after recent price dropOver the last 90 days, the stock is down 21%. The fair value is estimated to be €3.22, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 24% over the last 3 years. Earnings per share has grown by 29%. Revenue is forecast to grow by 27% in 2 years. Earnings is forecast to grow by 17% in the next 2 years.
공지 • Dec 13Kitron Provides Earnings Guidance for the Third Quarter of 2023 and Full Year 2024Kitron provided earnings guidance for the third quarter of 2023 and full year 2024. For the quarter, the company expects revenues between EUR 750 million and EUR 800 million with an operating profit (EBIT) between EUR 65 million and EUR 75 million.For 2024, the company expects revenues between EUR 700 million and EUR 800 million. Operating profit (EBIT) is expected to be between EUR 60 million and EUR 74 million.
공지 • Nov 29+ 5 more updatesKitron ASA, Annual General Meeting, Apr 25, 2024Kitron ASA, Annual General Meeting, Apr 25, 2024.
New Risk • Nov 10New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 6.3% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (18% operating cash flow to total debt). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (6.3% average weekly change).
Reported Earnings • Oct 27Third quarter 2023 earnings released: EPS: €0.05 (vs €0.04 in 3Q 2022)Third quarter 2023 results: EPS: €0.05 (up from €0.04 in 3Q 2022). Revenue: €179.2m (up 8.3% from 3Q 2022). Net income: €9.70m (up 29% from 3Q 2022). Profit margin: 5.4% (up from 4.5% in 3Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 6.9% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Electronic industry in Germany. Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has only increased by 19% per year, which means it is significantly lagging earnings growth.
공지 • Oct 26Kitron ASA Reiterates Earnings Guidance for the Year 2023Kitron ASA reiterated earnings guidance for the year 2023. For 2023, the company reiterates its outlook from the second-quarter report and expects revenues between EUR 750 million and EUR 800 million with an operating profit (EBIT) between EUR 65 million and EUR 75 million.
Recent Insider Transactions • Aug 25Insider recently sold €118k worth of stockOn the 22nd of August, Carsten Christensen sold around 36k shares on-market at roughly €3.24 per share. This transaction amounted to 70% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €78k more than they bought in the last 12 months.
Buying Opportunity • Aug 16Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 11%. The fair value is estimated to be €4.30, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 23% over the last 3 years. Earnings per share has grown by 22%. Revenue is forecast to grow by 36% in 2 years. Earnings is forecast to grow by 37% in the next 2 years.
Reported Earnings • Jul 14Second quarter 2023 earnings released: EPS: €0.08 (vs €0.03 in 2Q 2022)Second quarter 2023 results: EPS: €0.08 (up from €0.03 in 2Q 2022). Revenue: €206.3m (up 31% from 2Q 2022). Net income: €15.7m (up 138% from 2Q 2022). Profit margin: 7.6% (up from 4.2% in 2Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Electronic industry in Germany. Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has increased by 34% per year, which means it is tracking significantly ahead of earnings growth.
공지 • Jul 14Kitron ASA Revises Earnings Guidance for the Fiscal Year 2023Kitron ASA revised earnings guidance for the fiscal year 2023. For 2023, the company has previously indicated a revenue outlook of between EUR 700 and 800 million and an operating profit (EBIT) between EUR 60 and 75 million. Entering the second half of 2023, demand continues to be strong and capital efficiency ratios are improving. The company now expects revenues between EUR 750 and 800 million with an operating profit (EBIT) between EUR 65 and EUR 75 million.
New Risk • Jul 14New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 6.8% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks High level of debt (91% net debt to equity). Share price has been volatile over the past 3 months (6.8% average weekly change).
공지 • Jun 06Kitron ASA (OB:KIT) commences an Equity Buyback Plan, under the authorization approved on April 28, 2023.Kitron ASA (OB:KIT) commences a share repurchases on June 5, 2023, under the program mandated by the shareholders in the Annual General Meeting held on April 28, 2023. As per the mandate, the company is authorized to repurchase its own shares worth a total nominal value of NOK 1.98 million, representing 10% of the company's share capital. The company will pay a minimum NOK 1 per share and maximum the prevailing market price per share on the day the offer is made, provided, however, that the maximum amount does not exceed NOK 100 per share. The shares repurchased shall either be cancelled, used as remuneration to the members of the Board of Directors, used in incentive schemes or be used as consideration in connection with acquisition of other companies or businesses, joint ventures or joint business operations, and acquisition of property and business. This authorization shall be valid until next Annual General Meeting, but not longer than June 30, 2024. As of April 5, 2023, the company had 197,691,053 shares outstanding and had no shares in treasury. On June 2, 2023, the company announced a share repurchase program. Under the program, the company will repurchase up to 22,000 shares for NOK 1 million. The program is valid till June 7, 2023.
Board Change • May 01Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 8 experienced directors. 3 highly experienced directors. Board Director Michael Thomsen was the last director to join the board, commencing their role in 2022. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
Upcoming Dividend • Apr 25Upcoming dividend of kr0.50 per share at 1.4% yieldEligible shareholders must have bought the stock before 02 May 2023. Payment date: 18 May 2023. Payout ratio is a comfortable 34% and the cash payout ratio is 77%. Trailing yield: 1.4%. Lower than top quartile of German dividend payers (4.6%). In line with average of industry peers (1.5%).
Reported Earnings • Mar 27Full year 2022 earnings released: EPS: kr1.46 (vs kr0.85 in FY 2021)Full year 2022 results: EPS: kr1.46 (up from kr0.85 in FY 2021). Revenue: kr6.49b (up 75% from FY 2021). Net income: kr287.1m (up 88% from FY 2021). Profit margin: 4.4% (up from 4.1% in FY 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 9.0% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Electronic industry in Germany. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has increased by 63% per year, which means it is tracking significantly ahead of earnings growth.
Reported Earnings • Feb 16Full year 2022 earnings released: EPS: kr1.46 (vs kr0.85 in FY 2021)Full year 2022 results: EPS: kr1.46 (up from kr0.85 in FY 2021). Revenue: kr6.49b (up 75% from FY 2021). Net income: kr287.1m (up 88% from FY 2021). Profit margin: 4.4% (up from 4.1% in FY 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 9.0% p.a. on average during the next 3 years, compared to a 10.0% growth forecast for the Electronic industry in Germany. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has increased by 31% per year, which means it is tracking significantly ahead of earnings growth.
공지 • Dec 16+ 5 more updatesKitron ASA to Report First Half, 2023 Results on Jul 13, 2023Kitron ASA announced that they will report first half, 2023 results on Jul 13, 2023
공지 • Dec 14Kitron ASA Provides Earnings Guidance for Year 2023Kitron ASA provided earnings guidance for year 2023. The company expects revenue between NOK 6,700 million and NOK 7,300 million in 2023. Operating profit (EBIT) is expected to be between NOK 450 million and NOK 550 million.
공지 • Dec 09Kitron Asa Provides Outlook for the Third-Quarter and Full-Year 2022Kitron ASA provided outlook for the third-quarter and full-year 2022. For the quarter, the company increased the 2022 revenue outlook to an interval of NOK 6 200 to 6 400 million, while the interval for operating profit (EBIT) at the time was increased to NOK 390 to 430 million.For the full-year, the company raises its full-year 2022 revenue outlook to between NOK 6 450 and 6 550 million. Operating profit (EBIT) is expected to be between NOK 440 million and 470 million.
Buying Opportunity • Dec 03Now 20% undervaluedOver the last 90 days, the stock is up 19%. The fair value is estimated to be €2.87, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 14% over the last 3 years. Earnings per share has grown by 7.1%. Revenue is forecast to grow by 32% in 2 years. Earnings is forecast to grow by 70% in the next 2 years.
Buying Opportunity • Nov 11Now 20% undervaluedOver the last 90 days, the stock is up 14%. The fair value is estimated to be €2.88, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 14% over the last 3 years. Earnings per share has grown by 7.1%. Revenue is forecast to grow by 32% in 2 years. Earnings is forecast to grow by 70% in the next 2 years.
Reported Earnings • Oct 27Third quarter 2022 earnings released: EPS: kr0.38 (vs kr0.11 in 3Q 2021)Third quarter 2022 results: EPS: kr0.38 (up from kr0.11 in 3Q 2021). Revenue: kr1.66b (up 100% from 3Q 2021). Net income: kr75.2m (up 285% from 3Q 2021). Profit margin: 4.5% (up from 2.4% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Electronic industry in Germany. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has increased by 32% per year, which means it is tracking significantly ahead of earnings growth.
공지 • Oct 26Kitron Asa Raises Earning Guidance for 2022Kitron ASA raised earning guidance for 2022. For 2022, Kitron has previously indicated a revenue outlook of between NOK 5,700 and 6,100 million and an operating profit (EBIT) between NOK 330 million and 400 million. At this point, Kitron sees strong demand from customers and continued ease of supply chain constraints. Profitability is improving compared to the start of the year, when rapid cost increases challenged the company. Kitron therefore raises its revenue outlook to between NOK 6,200 and 6,400 million. Operating profit is expected to be between NOK 390 million and NOK 430 million.
Reported Earnings • Jul 13Second quarter 2022 earnings released: EPS: kr0.34 (vs kr0.27 in 2Q 2021)Second quarter 2022 results: EPS: kr0.34 (up from kr0.27 in 2Q 2021). Revenue: kr1.58b (up 59% from 2Q 2021). Net income: kr66.3m (up 36% from 2Q 2021). Profit margin: 4.2% (down from 4.9% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 29%, compared to a 20% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has increased by 25% per year, which means it is tracking significantly ahead of earnings growth.
공지 • Jul 13Kitron ASA Revises Earnings Guidance for the Full Year 2022Kitron ASA revised earnings guidance for the full year 2022. For the period, the company raises revenue outlook to between NOK 5,700 and 6,100 million. Operating profit is expected to be between NOK 330 million and NOK 400 million against previously indicated a revenue outlook of between NOK 5,200 and 5,800 million and operating profit (EBIT) between NOK 330 million and 430 million.
Reported Earnings • Apr 28First quarter 2022 earnings released: EPS: kr0.23 (vs kr0.25 in 1Q 2021)First quarter 2022 results: EPS: kr0.23 (down from kr0.25 in 1Q 2021). Revenue: kr1.43b (up 52% from 1Q 2021). Net income: kr44.4m (flat on 1Q 2021). Profit margin: 3.1% (down from 4.8% in 1Q 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 40%, compared to a 26% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has increased by 28% per year, which means it is tracking significantly ahead of earnings growth.
공지 • Apr 27Kitron ASA Provides Earnings Guidance for the Year 2022Kitron ASA provided earnings guidance for the year 2022. For 2022, Kitron expects revenue between NOK 5 200 and 5 800 million, including BB Electronics. Operating profit (EBIT) is expected to be between NOK 330 and 430 million.
Upcoming Dividend • Apr 21Upcoming dividend of kr0.25 per shareEligible shareholders must have bought the stock before 28 April 2022. Payment date: 16 May 2022. Payout ratio is a comfortable 29% but the company is paying out more than the cash it is generating. Trailing yield: 1.2%. Lower than top quartile of German dividend payers (3.9%). In line with average of industry peers (1.1%).
공지 • Apr 07Kitron ASA Proposes Dividend for the Financial Year 2021, Payable on or About May 16, 2022Kitron ASA announced that the Board of Directors proposed to the General Meeting to pay a dividend of NOK 0.25 per share for the financial year 2021. The dividend will be payable to shareholders registered in Kitron's shareholder register with the Norwegian Central Securities Depository (Euronext Securities Oslo, formerly named Euronext VPS) as of expiry of 29 April 2022. Provided the Annual General Meeting approves the proposal, the dividend is expected to be paid on or about 16 May 2022.
공지 • Mar 10Kitron ASA Provides Earnings Guidance for the Year 2022Kitron ASA provided earnings guidance for the year 2022. For 2022, the company expects revenue between NOK 5,200 and 5,800 million, including BB Electronics, which was acquired in January. Operating profit (EBIT) is expected to be between NOK 330 and 430 million.
공지 • Feb 12Kitron Asa Provides Earnings Guidance for the Year 2022Kitron ASA provided earnings guidance for the year 2022. For the period, The company expects revenues to be between NOK 5.2 billion and NOK 5.8 billion, including BB Electronics. The operating profit EBIT is expected to be between NOK 330 million and NOK 430 million.
공지 • Feb 11Kitron ASA Proposes DividendKitron ASA proposed dividend of NOK 0.25 per share, payable on or about 16 May 2022. Ex-date is 28 April 2022. Record date is 29 April 2022.
공지 • Feb 01+ 2 more updatesKitron ASA to Report Q4, 2022 Results on Feb 15, 2023Kitron ASA announced that they will report Q4, 2022 results on Feb 15, 2023
공지 • Jan 12Kitron ASA (OB:KIT) completed the acquisition of BB Electronics A/S from external investors and management.Kitron ASA (OB:KIT) entered into an agreement to acquire BB Electronics A/S from external investors and management for DKK 600 million on December 20, 2021. Consideration is on a debt- and cash-free (Enterprise Value) basis. The acquisition includes all operations and assets of BB Electronics, inter alia in Denmark, the Czech Republic and China. Kitron has established a term loan facility with DNB Bank ASA, has available revolving credit facilities and received binding offers for debt financing of the acquisition. Kitron expects to enter into agreements for relevant debt financing of the acquisition in due course prior to closing and may also consider equity financing in relation to funding of the acquisition. There are no financing conditions for the acquisition. BB Electronics had net debt of DKK 54.2 million as of 30 September 2021. Management resources will add to Kitron and profitable contribution to Kitron is expected from day 1 following completion. The transaction is conditional upon customary closing conditions and is expected to be completed January 2022. Through the addition of high quality, long-term earnings, the transaction further diversifies Kitron's cash flows and strengthens Kitron's ability to accelerate further growth. Sparebank 1 Markets AS is acting as financial advisor and Advokatfirmaet Selmer AS as legal advisor to Kitron. In addition, Ernst&Young has been engaged to carry out financial due diligence, and Bird&Bird has carried out legal due diligence in Denmark, the Czech Republic and China. Kitron ASA (OB:KIT) completed the acquisition of BB Electronics A/S from external investors and management on January 10, 2022.
공지 • Dec 22Kitron ASA (OB:KIT) entered into an agreement to acquire BB Electronics A/S from BB Electronics Holding ApS, external investors and BB Electronics management for DKK 600 million.Kitron ASA (OB:KIT) entered into an agreement to acquire BB Electronics A/S from BB Electronics Holding ApS, external investors and BB Electronics management for DKK 600 million on December 20, 2021. Consideration is on a debt- and cash-free (Enterprise Value) basis. The acquisition includes all operations and assets of BB Electronics, inter alia in Denmark, the Czech Republic and China. Kitron has established a term loan facility with DNB Bank ASA, has available revolving credit facilities and received binding offers for debt financing of the acquisition. Kitron expects to enter into agreements for relevant debt financing of the acquisition in due course prior to closing and may also consider equity financing in relation to funding of the acquisition. There are no financing conditions for the acquisition. BB Electronics had net debt of DKK 54.2 million as of 30 September 2021. Management resources will add to Kitron and profitable contribution to Kitron is expected from day 1 following completion. The transaction is conditional upon customary closing conditions and is expected to be completed January 2022. Through the addition of high quality, long-term earnings, the transaction further diversifies Kitron's cash flows and strengthens Kitron's ability to accelerate further growth.
공지 • Dec 11+ 1 more updateKitron ASA Expects Production Halt to Last Two WeeksKitron ASA announced 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. Kitron’s facility is located in the Zhenhai district, and although there are no known cases at Kitron's facility, production was halted on December 7 due to the restrictions. The production halt is expected to last two weeks. Kitron's other sites will not be able to compensate for the production halt in Ningbo.
Reported Earnings • Oct 23Third quarter 2021 earnings released: EPS kr0.11 (vs kr0.34 in 3Q 2020)The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2021 results: Revenue: kr831.4m (down 21% from 3Q 2020). Net income: kr19.5m (down 68% from 3Q 2020). Profit margin: 2.4% (down from 5.8% in 3Q 2020). The decrease in margin was driven by lower revenue.
Valuation Update With 7 Day Price Move • Oct 20Investor sentiment improved over the past weekAfter last week's 15% share price gain to €2.05, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 22x in the Electronic industry in Germany. Total returns to shareholders of 23% over the past year. Simply Wall St's valuation model estimates the intrinsic value at €2.67 per share.
Upcoming Dividend • Sep 28Upcoming dividend of kr0.35 per shareEligible shareholders must have bought the stock before 05 October 2021. Payment date: 22 October 2021. Trailing yield: 3.8%. Within top quartile of German dividend payers (3.1%). Higher than average of industry peers (0.7%).
공지 • Jul 14Kitron ASA Provides Earnings Guidance for the Year 2021Kitron ASA provided earnings guidance for the year 2021. For 2021, Kitron expects revenues to be between NOK 3.9 billion and NOK 4.2 billion. EBIT margin is expected to be between 6.8% and 7.4%. The order backlog for defense weakens for the full year, and sales outlook is also expected to be down around 10%.
Reported Earnings • Jul 13Second quarter 2021 earnings released: EPS kr0.27 (vs kr0.36 in 2Q 2020)The company reported a poor second quarter result with weaker earnings, revenues and profit margins. Second quarter 2021 results: Revenue: kr993.8m (down 4.5% from 2Q 2020). Net income: kr48.6m (down 24% from 2Q 2020). Profit margin: 4.9% (down from 6.2% in 2Q 2020). The decrease in margin was driven by lower revenue.
Reported Earnings • Apr 24First quarter 2021 earnings released: EPS kr0.25 (vs kr0.23 in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: kr937.5m (up 6.8% from 1Q 2020). Net income: kr44.7m (up 9.4% from 1Q 2020). Profit margin: 4.8% (up from 4.7% in 1Q 2020). The increase in margin was driven by higher revenue.
Upcoming Dividend • Apr 15Upcoming dividend of kr0.35 per shareEligible shareholders must have bought the stock before 22 April 2021. Payment date: 03 May 2021. Trailing yield: 3.3%. Within top quartile of German dividend payers (3.2%). Higher than average of industry peers (0.8%).
공지 • Mar 25Kitron ASA Provides Earnings Guidance for the Year 2021Kitron ASA provided earnings guidance for the year 2021. For 2021, the company expects revenue between NOK 3,900 and NOK 4,200 million.
Reported Earnings • Mar 25Full year 2020 earnings released: EPS kr1.19 (vs kr0.74 in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: kr3.96b (up 20% from FY 2019). Net income: kr213.1m (up 61% from FY 2019). Profit margin: 5.4% (up from 4.0% in FY 2019). The increase in margin was driven by higher revenue.