Kitron: Kitron postpones capital markets presentation due to Ukraine situation
08 Março 2022 - 05:27AM
Kitron: Kitron postpones capital markets presentation due to
Ukraine situation
Kitron planned to host a capital markets presentation on 15
March. However, due to the ongoing conflict in Ukraine, the event
is postponed.
“So far, we see no material impact on our business or outlook,
but we feel that the investor community’s focus in the coming days
and weeks will be on the tragic events unfolding in Ukraine and the
heightened geopolitical uncertainty, not on our strategy and plans.
Consequently, we will revert with an update at a later stage,” said
Peter Nilsson, CEO of Kitron.
Kitron’s current outlook remains unchanged: For 2022, Kitron
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.
For further information, please contact:
Peter Nilsson, CEO & President, tel. +47 948 40
850Cathrin Nylander, CFO, tel. +47 900 43 284E-mail:
investorrelations@kitron.com
About KitronKitron is a leading Scandinavian electronics
manufacturing services company for the Connectivity,
Electrification, Industry, Medical devices and Defence/Aerospace
sectors. The group is located in Norway, Sweden, Denmark,
Lithuania, Germany, Poland, the Czech Republic, China and the
United States. Included the acquisition of BB Electronics in
January 2022, Kitron has about 2 500 employees, and pro forma
revenues were about NOK 5 billion in 2021. www.kitron.com.
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