Business description: Kitron ASA

Kitron ASA is a Norway-based international company engaged in the provision of Electronics Manufacturing Services (EMS). The Company is responsible for the manufacture of both electronics that are embedded in the customers’ own products, as well as box-built electronic products. Kitron ASA also provides high-level assembly (HLA) of complex electromechanical products for its customers. The Company provides its products to such sectors as Medical Devices, Industry and Defense/Aerospace. Kitron ASA has one segment: Electronics Manufacturing Services (EMS). The Company has operations in Norway, Sweden, Denmark, Lithuania, Germany, Poland, the Czech Republic, China and the United States. It operates through several subsidiaries, such as Kitron Holding USA Inc, Kitron Hong Kong Ltd and Kitron sp zoo.

Number of employees: 3,359

Sales by Activity: Kitron ASA

Fiscal Period: December 2021 (NOK) 2022 (NOK) 2023 (EUR) 2024 (EUR) 2025 (EUR)

Electronics Manufacturing Services (EMS)

3.71B 6.49B 775M 647M 738M

Geographical breakdown of sales: Kitron ASA

Fiscal Period: December 2021 (NOK) 2022 (NOK) 2023 (EUR) 2024 (EUR) 2025 (EUR)

Nordics & Us (excluding Norway)

- - - - 415M

Norway

600M 778M 101M 110M 123M

CEE

- - - - 106M

Other

49.5M 195M 18.5M 20.3M 51.2M

Asia

- - - - 43.5M

Rest of Europe

709M 2.83B 304M 235M -

North America

613M 698M 73.9M 44.7M -

Sweden

1.74B 1.98B 278M 238M -

Executive Committee: Kitron ASA

Manager TitleAgeSince
Chief Executive Officer 62 2014-11-09
Chief Executive Officer 59 2019-01-03
Chief Tech/Sci/R&D Officer 50 2012-12-31
Corporate Officer/Principal - 2025-09-30

Composition of the Board of Directors: Kitron ASA

Director TitleAgeSince
Chairman 69 2014-02-20
Director/Board Member 61 -
Director/Board Member 58 2019-12-31
Director/Board Member 62 -
Director/Board Member 59 -
Director/Board Member 40 2024-12-31
Director/Board Member 60 2010-06-20
Director/Board Member 55 2024-12-31

Shareholders: Kitron ASA

NameStocks%Valuation
Folketrygdfondet
9.953 %
21,767,208 9.953 % 235 M kr
MP Pensjon PK
8.22 %
17,976,713 8.22 % 194 M kr
Nordea Investment Management AB
2.808 %
6,140,801 2.808 % 66 M kr
Eika Kapitalforvaltning AS
2.141 %
4,681,952 2.141 % 50 M kr
Fondsfinans Kapitalforvaltning AS
1.976 %
4,321,806 1.976 % 47 M kr

Company details: Kitron ASA

Kitron ASA

Olav Brunborgs vei 4

1396, Asker

+47 66 10 00 00

http://www.kitron.com
address Kitron ASA(0F0J)

Group companies: Kitron ASA

NameCategory and Sector
Electronic Components

Electronic Component

Change 5-day change 1-year change 3-year change Capi.($)
-1.27%-6.80%+50.37%+257.40% 188B
-11.01%-11.48%+298.13%+1,347.39% 112B
-3.51%-1.47%+44.00%+113.70% 105B
-9.14%-19.45%+257.81%+181.76% 94.12B
-9.62%+27.70%+825.36%+749.63% 63.57B
-5.73%-9.94%+56.68%+69.89% 69.68B
+0.18%+1.22%+14.15%+42.55% 59.13B
+0.23%-15.17%+183.79%+450.14% 54.18B
-9.92%-22.33%+456.97%+574.22% 49.44B
Average -5.53%-6.51%+243.03%+420.74% 88.4B
Weighted average by Cap. -5.25%-5.34%+202.99%+422.19%
Trader
Investor
Global
Quality
ESG MSCI
A
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
5
Last Close Price
7.488EUR
Average target price
9.746EUR
Spread / Average Target
+30.16%

Quarterly revenue - Rate of surprise