Important offshore agreement for Kitron

Important offshore agreement for Kitron

ID: 354847

(Thomson Reuters ONE) -


(2014-11-24) Kitron ASA's subsidiary Kitron AS, in Arendal, Norway, has received
orders from a leading company within the offshore industry. The orders have a
value for Kitron of NOK 25 million, and will be fulfilled during 2015.
Production will take place at Kitron's plant in Arendal, Norway.

"Kitron has experienced a reduced order backlog within the Offshore/Marine
sector during 2014, which makes this order important in order to secure volume
going into 2015," said Peter Nilsson, CEO of Kitron.

For further information please contact:
Peter Nilsson, CEO of Kitron ASA, tel. +47 94 84 08 50 or e-mail
peter.nilsson(at)kitron.com
Dag Songedal, Managing Director, Kitron AS, tel. +47 91 38 64 68 or e-mail
dag.songedal(at)kitron.com

Kitron is one of Scandinavia's leading electronics manufacturing services
companies for the Defense, Energy/Telecoms, Industry, Medical equipment and
Offshore/Marine sectors. The company is located in Norway, Sweden, Lithuania,
Germany, China and the United States. Kitron had revenues of about NOK 1.6
billion in 2013 and has about 1,200 employees. www.kitron.com

This information is subject of the disclosure requirements pursuant to section
5-12 of the Norwegian Securities Trading Act.



This announcement is distributed by GlobeNewswire on behalf of
GlobeNewswire clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.

Source: Kitron ASA via GlobeNewswire
[HUG#1873601]






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Bereitgestellt von Benutzer: hugin
Datum: 24.11.2014 - 11:43 Uhr
Sprache: Deutsch
News-ID 354847
Anzahl Zeichen: 1903

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