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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.
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04/18/2024 | MycronicNet sales increased 39 percent to SEK 1,692 (1,219) million. Based on constant exchange rates, net sales increased 42 percent.
Aspocomp’s Q1 Net Sales and Operating Result Decreased YoY
04/18/2024 | AspocompInflation and interest rates, weak economic development, the uncertainties posed by Russia’s war of aggression and the situation in the Middle East, and global trade policy tensions will affect the operating environment of Aspocomp and its customers in the 2024 fiscal year.
Cicor Records Solid Growth in Q1
04/16/2024 | CicorThe Cicor Group continued to grow in the first three months of the year. Quarterly sales increased by 11.8% to CHF 107.3 million compared to the first quarter of the previous year (Q1/2023: CHF 96.0 million).
Europe’s IT, Business Services Sector on the Rebound in Q1: ISG Index
04/15/2024 | BUSINESS WIREEurope’s demand for IT and business services in the first quarter rose for the first time in a year, powered by growth from the banking, financial services and insurance (BFSI) sector, according to the latest state-of-the-industry report from Information Services Group (ISG), a leading global technology research and advisory firm.