The Knowledge Base: Beyond the Badge—Why Membership Matters More Than Ever
Smart Automation: AI—Revolutionizing Inspection in Electronics Manufacturing
Standard of Excellence: The Role of Technology in Enhancing the Customer Experience
Kitron Outlines New Strategic Targets at Capital Markets Day
March 22, 2019 | KitronEstimated reading time: 1 minute
Kitron ASA will today host a Capital Markets Day to update on the progress towards the company's 2020 targets and outline ambitions for a new strategy period.
Kitron reaffirms the goal of organic revenue growth leading to revenue of NOK 3 billion in 2020, with additional revenue from the acquisition of the EMS division of API Technologies.
The company also reaffirms the targets of 7% EBIT margin and 25% return on operating capital in 2020.
The company has also extended the strategic horizon from 2020 and set the following financial ambitions for 2025:
- Revenue NOK 5 billion, with potential M&A adding upside
- EBIT margin 7%
- ROOC 25%
"Over the past few years, we have significantly improved Kitron's performance. We have accelerated organic growth, continually improved operations, leading to better profitability, and we have added revenue through the recently announced acquisition in the US. In the coming years, we will build on the existing strategy in order to continue to create value for our shareholders," said Cathrin Nylander, CFO and acting CEO of Kitron.
Kitron Capital Markets Day 2019:
Location: Radisson Blu Scandinavia Hotel, Holbergs gate 30 Oslo, Norway
Time: Noon CET. Light lunch will be served from 11.30 until noon.
About Kitron
Kitron is one of Scandinavia's leading electronics manufacturing services companies for the Energy/Telecoms, Industry, Defence/Aerospace, Medical devices and Offshore/Marine sectors. The company is located in Norway, Sweden, Lithuania, Germany, China and the United States. Kitron had revenues of about NOK 2.6 billion in 2018 and has about 1,700 employees.
Share on:
Suggested Items
See TopLine’s Next Gen Braided Solder Column Technology at SPACE TECH EXPO 2025
05/28/2025 | TopLineAerospace and Defense applications in demanding environments have a solution now in TopLine’s Braided Solder Columns, which can withstand the rigors of deep space cold and cryogenic environments.
ICEFlight to Accelerate Maturation of Cryogenic Technologies for Hydrogen-Powered Flight
05/27/2025 | GKN AerospaceGKN Aerospace is one of the project partners in ICEFlight (Innovative Cryogenic Electric Flight), a project aiming to contribute to the development of hydrogen-powered flight.
Vertical Aerospace Makes Aviation History with Piloted eVTOL Flight in Open Airspace
05/27/2025 | BUSINESS WIREVertical Aerospace, a global aerospace and technology company that is pioneering electric aviation, announced it has made European aviation history with the first-ever piloted wingborne flight of a winged electric vertical take-off and landing (eVTOL) aircraft in open airspace.
Saab’s CEO Micael Johansson elected President of ASD
05/26/2025 | SaabThe Aerospace, Security and Defence Industries Association of Europe (ASD), has elected Saab CEO Micael Johansson as its new President and Chairman of the Board.
TT Electronics' Cleveland Ohio Facility Re-Certified to Aerospace and Defence Standards AS9100 and Nadcap
05/23/2025 | TT ElectronicsTT Electronics has successfully completed recertification of the Cleveland facility to AS9100 and Nadcap standards. This milestone underscores the company’s unwavering dedication to quality in manufacturing for the aerospace and defence sectors, a commitment proudly upheld for more than 15 years.