Kitron Lifts Financial Outlook for 2022


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Kitron updates its financial outlook due to strong demand and further easing of supply constraints.

At this point, Kitron raises its full-year 2022 revenue outlook to between NOK 6 450 and 6 550 million. Operating profit (EBIT) is expected to be between NOK 440 million and 470 million.

In its third-quarter report, Kitron increased the 2022 revenue outlook to an interval of NOK 6 200 to 6 400 million, while the interval for operating profit (EBIT) at the time was increased to NOK 390 to 430 million.

On 13 December, Kitron will host a Capital Markets Presentation to provide further information on the financial outlook as well as longer-term strategic and financial ambitions.

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