CORRECTION: Kitron: Q2 2016 - Solid improvement of all key figures

This is a correction of the announcement from 13:37 13.07.2016 CEST. Reason for the correction: (2016-07-13) Due to an editing error, the outlook section of the quarterly report said that Kitron for 2016 expects an EBITDA margin of 5.3 to 6.3 per cent. This should say an EBIT margin of 5.3 to 6.3 per cent, meaning that there is no change to the existing outlook. The information was correctly stated in the stock exchange notice and the presentation material...

(2016-07-13) Due to an editing error, the outlook section of the quarterly report said that Kitron for 2016 expects an EBITDA margin of 5.3 to 6.3 per cent. This should say an EBIT margin of 5.3 to 6.3 per cent, meaning that there is no change to the existing outlook. The information was correctly stated in the stock exchange notice and the presentation material.

 

A corrected report is attached.

 

For further information, please contact:

Cathrin Nylander, CFO, tel: +47 900 43 284

E-mail: [email protected]

 

Kitron is one of Scandinavia's leading electronics manufacturing services companies for the Defence/Aerospace, 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 1.95 billion in 2015 and has about 1 250 employees. www.kitron.com

 

This information is subject of the disclosure requirements acc. to §5-12 vphl (Norwegian Securities Trading Act).

 

Copyright GlobeNewswire

Attachment(s)
http://hugin.info/197/R/2028460/754074.pdf

Regulatory News
This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: %s via Globenewswire


[HUG#2028460]