SMT Perspectives & Prospects: Artificial Intelligence, Part 7—Data Module 2
Learning with Leo: Why Risk-based Auditing Is Reshaping Cable Assembly Quality
Nolan’s Notes: Wire Harness—The Underdog of the Industry
Kitron Revises Outlook for Second Half 2024
September 23, 2024 | KitronEstimated reading time: Less than a minute
Reference is made to the outlook given in Kitron’s second-quarter report. The outlook for Central and Eastern Europe (CEE) sites has not picked up as expected. Several major customers within the market sectors Electrification and Industry have continued to reduce and postpone demand for the third and fourth quarters of 2024 as destocking continues and end markets have not developed as expected.
To facilitate further growth for the Nordic sites, where demand is strong, and stabilize the load for the CEE sites, several product transfers have been planned. Some of these transfers have been pushed to the first half of 2025.
For the third quarter, revenues are expected to be between EUR 140 and 150 million with an operating profit (EBIT) between EUR 8 and 10 million.
The full-year 2024 outlook is updated with revenues of between EUR 635 and 660 million with EBIT between EUR 44 and 50 million, including EUR 4.8 million in restructuring costs in the first quarter.
The previous outlook for the full year 2024 was revenues between EUR 660 and 710 million with EBIT between EUR 53 and 60 million, including EUR 4.8 million in restructuring costs in the first quarter.
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
Technica USA and DCT Partnership Insights
04/10/2026 | Real Time with... APEX EXPOThis discussion features Jason Perry from Technica and David Bures from DCT Cleaning, highlighting Technica's expansion in PCB fabrication and assembly. DCT, a leader in cleaning solutions, emphasizes the renewed importance of cleaning in modern electronics due to miniaturization. Comprehensive offerings and an innovative approach to achieving optimal cleanliness is revealed.
Robot Density Surges in Europe, Asia, and Americas
04/08/2026 | International Federation of RoboticsEconomies worldwide are prioritising the integration of factory robots, as automation becomes a critical tool for boosting productivity. In the global automation race, the Western European countries reached a record 267 robots per 10,000 employees in the manufacturing industry 2024 – ahead of North America with 204 units and Asia with 131 units.
East Asia's Electronics Dominance and AI with Sydney Xiao
04/08/2026 | Real Time with... APEX EXPOSydney Xiao, Global Electronics Association – East Asia President emphasizes the region's dominance in electronics manufacturing, particularly with the rise of AI. The association focuses on standards, workforce, technology, and collaboration to help members navigate AI opportunities, highlighting new IC substrate standards and advanced packaging initiatives.
Double Win: Indium Corporation’s CW-807RS and Indium12.9HF Receive EM Asia Innovation Honors
04/07/2026 | Indium CorporationIndium Corporation®, a leading materials provider for the electronics assembly market, recently received Electronics Manufacturing (EM) Asia Innovation Awards for its halogen-free CW-807RS flux-cored wire and Indium12.9HF solder paste products.
Express Manufacturing, Inc. Enhances Test Capabilities with TAKAYA APT-1600FD-SL Investment
04/07/2026 | Express Manufacturing, Inc.Express Manufacturing, Inc. (EMI), a global electronics manufacturing services (EMS) provider, has strengthened its test capabilities with the recent purchase of the TAKAYA APT-1600FD-SL dual-sided flying probe test system, expanding its ability to support increasingly complex and high-reliability PCB assemblies.