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Kitron GmbH Carl-Zeiss-Str. 3 72555 Metzingen, Germany http://www.kitron.com/
Contact Mr Dag Songedal +47 91 38 64 68
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Kitron GmbH

Kitron: Q2 2013 - Revenue growth in second quarter despite challenging markets

(PresseBox) (Großbettlingen, )
Despite challenging markets, Kitron's revenues grew and the cash flow from operations rose compared to the second quarter last year. Initiatives that aim to reduce working capital, increase overall profitability and stimulate to top line growth continue.

Stable customer demand
Improved cash flow from operations
Operational streamlining continues
Change in management


Kitron's revenue for second quarter amounted to NOK 430.3 million, a 3.3 per cent increase compared with the same period last year. EBIT was reduced from NOK10.6 million to NOK 9.3 million for the second quarter. Operating cash flow for second quarter was NOK 29.2 million compared to minus NOK 16.1 million tya nyqi xrikew aesz vdwm.

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