Profit warning due to weakness in CEE, primarily within Industry and Electrification2024 revenue guidance at EUR 635-660m (5.5% below previous guidance at EUR 660-710m), 4% below consensus/ARCeEBIT guidance cut to EUR 44-50m (previously EUR 53-60m), 18%/14% below consensus/ARCe at EUR 57m/ EUR 55mConsensus EBIT for 2025 likely revised down by 10 - 15%

23 Sep 2024
Arctic FLASH: Kitron - Kitron profit warning due to weakness in CEE

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Arctic FLASH: Kitron - Kitron profit warning due to weakness in CEE
KITRON (KIT:STO), 0 | Kitron ASA (KIT:OSL), 0
- Published:
23 Sep 2024 -
Author:
Henriette Trondsen | Kristian Spetalen -
Pages:
10 -
Profit warning due to weakness in CEE, primarily within Industry and Electrification2024 revenue guidance at EUR 635-660m (5.5% below previous guidance at EUR 660-710m), 4% below consensus/ARCeEBIT guidance cut to EUR 44-50m (previously EUR 53-60m), 18%/14% below consensus/ARCe at EUR 57m/ EUR 55mConsensus EBIT for 2025 likely revised down by 10 - 15%