Bloomberg "Anywhere" Remote Login Bloomberg "Terminal" Request a Demo


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Last 2.54 NOK
Change Today -0.14 / -5.22%
Volume 4.6K
KIT On Other Exchanges
As of 6:51 AM 09/3/15 All times are local (Market data is delayed by at least 15 minutes).

kitron asa (KIT) Snapshot

2.73 NOK
Previous Close
2.68 NOK
Day High
2.73 NOK
Day Low
2.53 NOK
52 Week High
07/16/15 - 3.15 NOK
52 Week Low
01/29/15 - 1.51 NOK
Market Cap
Average Volume 10 Days
0.29 NOK
Shares Outstanding
0.05 NOK
Dividend Yield
Current Stock Chart for KITRON ASA (KIT)

Related News

No related news articles were found.

kitron asa (KIT) Related Businessweek News

No Related Businessweek News Found

kitron asa (KIT) Details

Kitron ASA, an electronic manufacturing services company, together with its subsidiaries, develops, industrializes, and manufactures electronics for the defense/aerospace, energy/telecoms, industry, medical equipment, and offshore/marine sectors. The company manufactures electronics that are embedded in the customers’ products; and box-built electronic products. Its services include development services, such as product development, product management, and re-engineering; and industrialization services, including prototype manufacturing, evaluation of new products, component engineering and database, test development, design and build of high level assembly lines, and environmental durability testing. The company's services also comprise sourcing and logistics services; manufacturing, assembling, and testing of electronic products for the professional market; and maintenance, repair, and refurbishment programs. Kitron ASA provides its products and services in Norway, Sweden, Lithuania, China, Germany, the rest of Europe, the United States, and internationally. The company is headquartered in Billingstad, Norway.

1,163 Employees
Last Reported Date: 07/16/15

kitron asa (KIT) Top Compensated Officers

Chief Executive Officer and President
Total Annual Compensation: 352.0K NOK
Chief Financial Officer
Total Annual Compensation: 1.6M NOK
Chief Operating Officer
Total Annual Compensation: 2.1M NOK
Managing Director of Kitron AB
Total Annual Compensation: 1.3M NOK
Managing Director of Kitron UAB - Lithuania
Total Annual Compensation: 954.0K NOK
Compensation as of Fiscal Year 2014.

kitron asa (KIT) Key Developments

Kitron Announces Earnings Results for the Second Quarter of 2015; Provides Earnings Guidance for the Year 2015

Kitron announced earnings results for the second quarter of 2015. For the period, Kitron's revenue amounted to NOK 489 million, an increase from NOK 457 million in the second quarter last year. Operating profit (EBIT) was NOK 22.1 million, compared to NOK 6.9 million last year. The improved results are a consequence of increased revenue and better margins, helped by growing service sales. Net profit amounted to NOK 13.3 million, an improvement from NOK 3.9 million. This corresponds to earnings per share of NOK 0.08, compared to NOK 0.02 last year. Operating cash flow was NOK 48.6 million, compared to NOK 9.5 million in the second quarter of 2014. This is primarily related to the improvement in profit and development of working capital. For 2015, Kitron expects growth and a clear improvement in profitability.

Kitron ASA, Q2 2015 Earnings Call, Jul 16, 2015

Kitron ASA, Q2 2015 Earnings Call, Jul 16, 2015

Kitron Opens New Production Facilities and Engineering Services Centre in Kaunas

Kitron has officially opened its new production facilities and engineering services centre in Kaunas on May 27, 2015. This is a major manufacturing base for Kitron and underscores the strategic importance of the Lithuania division. An investment of EUR 7 million in the newly built 5,000 square metre facility allows the company to expand its existing manufacturing area to 13,000 square metres and to create an additional 60 jobs. From now on the company will not only manufacture in Lithuania, but will also develop new products, with a special focus on engineering services. Engineers will provide prototyping, product design supervision, component engineering, and project management services.


Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
KIT:NO 2.54 NOK -0.14

KIT Competitors

Market data is delayed at least 15 minutes.

Company Last Change
Flextronics International Ltd $10.32 USD +0.17
Note AB kr10.30 SEK -0.10
Sanmina Corp $19.31 USD +0.47
View Industry Companies

Industry Analysis


Industry Average

Valuation KIT Industry Range
Price/Earnings 8.3x
Price/Sales 0.2x
Price/Book 0.8x
Price/Cash Flow 5.1x
TEV/Sales 0.0x

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact KITRON ASA, please visit Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at