Improved revenue and operating profit
(Thomson Reuters ONE) -
(2010-11-10) Kitron's revenue amounted to NOK 351.9 million in the third quarter
of 2010, a 4.8 per cent increase compared with the same period last year. EBIT
were NOK 11.2 million (NOK 7.7 million), a 1.0 percentage point increase
compared with same period last year. The profit before tax and discontinued
operations was NOK 7.8 million (NOK 3.0 million) which reflects a margin of 2.2
per cent (0.9 per cent). Cash flow from operations was negative by NOK -39.8
million (NOK 11.0 million). The order intake was NOK 334.0 million and the order
backlog was NOK 848.2 million, a decrease of 11.3 and an increase of 9.0 per
cent respectively.
Enclosed in pdf are the interim report and the presentation.
Key items
Figures in brackets refer to the third quarter of 2009 unless otherwise stated.
Order development
The order intake decreased by 11.3 per cent to NOK 334.0 million (NOK 376.6
million). The order backlog at the end of the third quarter was NOK 848.2
million (NOK 778.2 million).
Revenue
Revenue increased by 4.8 per cent to NOK 351.9 million (NOK 335.7 million).
Operating profit
EBITDA and EBIT were NOK 19.3 million (NOK 16.0 million) and NOK 11.2 million
(NOK 7.7 million) respectively.
Profit before tax and discontinued operations
Profit before tax and discontinued operations amounted to NOK 7.8 million (NOK
3.0 million), which reflects a margin of 2.2 per cent (0.9 per cent).
Cash flow
Cash flow from operations in the third quarter was negative by NOK -39.8 million
(NOK 11.0 million) due to working capital changes.
This information is subject of the disclosure requirements acc. to §5-12 vphl
(Norwegian Securities Trading Act)
[HUG#1460600]
Kitron Q3 2010:
http://hugin.info/197/R/1460600/399722.pdf
Presentation Kitron Q3 2010:
http://hugin.info/197/R/1460600/399724.pdf
This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters 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 Thomson Reuters ONE
Unternehmensinformation / Kurzprofil:
Datum: 10.11.2010 - 08:31 Uhr
Sprache: Deutsch
News-ID 48612
Anzahl Zeichen: 2688
contact information:
Town:
Oslo
Kategorie:
Business News
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"Improved revenue and operating profit"
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