-
- News
- Books
Featured Books
- smt007 Magazine
Latest Issues
Current IssueSupply Chain Strategies
A successful brand is built on strong customer relationships—anchored by a well-orchestrated supply chain at its core. This month, we look at how managing your supply chain directly influences customer perception.
What's Your Sweet Spot?
Are you in a niche that’s growing or shrinking? Is it time to reassess and refocus? We spotlight companies thriving by redefining or reinforcing their niche. What are their insights?
Moving Forward With Confidence
In this issue, we focus on sales and quoting, workforce training, new IPC leadership in the U.S. and Canada, the effects of tariffs, CFX standards, and much more—all designed to provide perspective as you move through the cloud bank of today's shifting economic market.
- Articles
- Columns
- Links
- Media kit
||| MENU - smt007 Magazine
Kitron Targets NOK 10 Billion in Revenues
December 14, 2022 | KitronEstimated reading time: 1 minute

Kitron hosts a Capital Markets Presentation to update on the progress towards the company’s targets and outline ambitions for a new strategy period.
Kitron expands the horizon from 2025 to 2027 and sets a revenue ambition of more than NOK 10 billion in 2027, based on organic growth. The 2027 ambitions also include an operating margin (EBIT) above 8 per cent and a return on operating capital (ROOC) above 25 per cent.
Current demand continues to be strong, and Kitron expects revenue between NOK 6 700 and 7 300 million in 2023. Operating profit (EBIT) is expected to be between NOK 450 and 550 million.
“Over the past years, we have demonstrated Kitron’s growth potential through consistent organic growth supplemented by targeted acquisitions, while also improving margins. We maintain a healthy balance sheet and have paid a dividend every year since 2014, contributing to a total shareholder of more than 1500 per cent,” said Peter Nilsson, CEO of Kitron.
For the 2027 revenue ambition, Kitron maintains its long-term organic growth target of 10 per cent per year. Acquisitions add upside to the organic growth rate. The company’s ambitions also imply further progress on margins and return on capital.
“I see no reason why the positive trends for Kitron should not continue in the years to come. Our market is growing, and our customer base contains a healthy mix of recession-resistant market sectors, such as Defence/Aerospace and Medical devices, and companies benefiting from megatrends within the Electrification and Connectivity sectors. We serve these customers through highly efficient facilities, and we have demonstrated successful capacity expansion through acquisitions and greenfield projects,” Mr. Nilsson concludes.
Testimonial
"In a year when every marketing dollar mattered, I chose to keep I-Connect007 in our 2025 plan. Their commitment to high-quality, insightful content aligns with Koh Young’s values and helps readers navigate a changing industry. "
Brent Fischthal - Koh YoungSuggested Items
Coherent Announces Agreement to Sell Aerospace and Defense Business to Advent for $400 Million
08/15/2025 | AdventCoherent Corp., a global leader in photonics, today announced that it has entered into a definitive agreement to sell its Aerospace and Defense business to Advent, a leading global private equity investor, for $400 million. Proceeds will be used to reduce debt, which will be immediately accretive to Coherent’s EPS.
KYZEN Partners with LPW to Elevate High Purity Cleaning with Cutting-Edge Cyclic Nucleation Technology in North America
08/13/2025 | KYZEN'KYZEN, a global leader in advanced cleaning solutions, has reached a major milestone in high-purity cleaning with the addition of a state-of-the-art Vacuum Cyclic Nucleation System at its North American Application Lab.
Jeh Aerospace Raises $11M to Boost Aircraft Supply Chain
08/12/2025 | I-Connect007 Editorial TeamJeh Aerospace, the high-precision aerospace and defense manufacturing startup founded by Vishal Sanghavi and Venkatesh Mudragalla, has raised $11 million in a Series A round led by Elevation Capital, with support from General Catalyst, to scale its commercial aircraft supply chain manufacturing in India, according to OEM.
New Frontier Aerospace and Air Force Institute of Technology Sign CRADA to Advance Hypersonic VTOL Aircraft
08/05/2025 | PR NewswireNew Frontier Aerospace (NFA) is excited to announce a Collaborative Research and Development Agreement (CRADA) with the Air Force Institute of Technology (AFIT) aimed at advancing an innovative rocket-powered hypersonic Vertical Takeoff and Landing (VTOL) aircraft.
Honeywell Advances Technology That Lets Fighter Pilots Breathe Easier for Peak Performance
08/04/2025 | HoneywellHoneywell has developed and launched a new technology that allows military pilots of high-performance fighter jets to breathe easier under extreme conditions.