Knocking Down the Bone Pile: Revamp Your Components with BGA Reballing
Global Sourcing Spotlight: Balancing Speed and Flexibility Without Sacrificing Control
SMT Perspectives & Prospects: Artificial Intelligence Part 6: Data Module 1
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:
Testimonial
"Advertising in PCB007 Magazine has been a great way to showcase our bare board testers to the right audience. The I-Connect007 team makes the process smooth and professional. We’re proud to be featured in such a trusted publication."
Klaus Koziol - atgSuggested Items
Molex Announces Agreement to Acquire Smiths Interconnect
10/17/2025 | MolexMolex, a leading global electronics connectivity innovator, announced that it has signed an agreement to acquire Smiths Interconnect.
American Standard Circuits Achieves Successful AS9100 Recertification
10/14/2025 | American Standard CircuitsAmerican Standard Circuits (ASC), a leading manufacturer of advanced printed circuit boards, proudly announces the successful completion of its AS9100 recertification audit. This milestone reaffirms ASC’s ongoing commitment to the highest levels of quality, reliability, and process control required to serve aerospace, defense, space, and other mission-critical industries.
Kodiak Assembly Solutions Renews ITAR Registration, Providing Secure and Compliant Manufacturing for Defense & Aerospace
09/25/2025 | Kodiak Assembly SolutionsKodiak Assembly Solutions LLLP, a leading electronics contract manufacturer, has successfully renewed its ITAR (International Traffic in Arms Regulations) registration.
Cyient DLM, A Voice from the Frontlines
09/24/2025 | Arpita Das, Global Electronics AssociationOnce seen as a low-cost, build-to-print destination, India’s EMS sector is rapidly emerging as a global hub for high-reliability electronics, particularly in strategic sectors like aerospace, defense, and medical. As such, we highlight some companies that exemplify the strength and potential of Indian manufacturing.
Nortech Systems Achieves Enhanced Fiber Optic Performance
09/16/2025 | Nortech SystemsNortech Systems Incorporated, a leading provider of design and manufacturing solutions for complex electromedical devices and electromechanical systems, announced significant advancements in its fiber optic capabilities.