Standard of Excellence: Anticipating Customer Needs Early and Often
The Knowledge Base: At the Forefront of Electronics Manufacturing
Global Citizenship: Training the Next Generation of Talent
Kitron Postpones Capital Markets Presentation due to Ukraine Situation
March 8, 2022 | KitronEstimated reading time: Less than a minute
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.
Share on:
Suggested Items
L3Harris Completes Sale of Commercial Aviation Solutions Business to TJC for $800 Million
03/31/2025 | BUSINESS WIREL3Harris Technologies has completed the previously announced sale of its Commercial Aviation Solutions (CAS) business to an affiliate of TJC L.P. for $800 million. The entire $800 million cash purchase price was paid to L3Harris at the closing of the transaction.
Sypris Reports Fourth Quarter Results
03/27/2025 | BUSINESS WIREThe Company’s gross profit for the quarter increased 23.1% from the prior-year period, while gross margin expanded 350 basis points.
LPKF Reports Results for Full Year 2024
03/27/2025 | LPKFThe technology company LPKF Laser & Electronics SE published today its annual report for 2024. Despite the challenging economic conditions for the German mechanical engineering industry, LPKF was able to maintain its revenue slightly below the previous year's level at EUR 122.9 million.
HANZA Acquires Outstanding Shares in Leden Subsidiary
03/19/2025 | HANZAOn March 3, 2025, HANZA AB completed the acquisition of 100% of the shares in the Finnish group Leden Group Oy. Leden also owned approximately 90% of the subsidiary Leden Estonia AS, and HANZA has acquired the remaining shares, which means that the company becomes a wholly owned subsidiary.
SigmaTron Reports Financial Results for Q3 of Fiscal 2025
03/17/2025 | SigmaTron International Inc.For the three month period ended January 31, 2025, revenues decreased $24.8 million, or 26 percent, to $71.1 million compared to $95.9 million for the same quarter in the prior year.