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Kitron ASA (OSL:KIT) On 23 October 2008 Kitron published preliminary revenue of about NOK 480 million and EBT of about NOK 29 million for the third quarter of 2008.
Based on an assessment of the financial performance and future outlook the deferred tax assets at the end of the quarter have been reassessed and totalled about NOK 91 million as at 30 September 2008. The impact on net profit in Q3 and equity as at 30 September was an increase of about NOK 66 million.
27 October 2008 Kitron ASA
For further information, please contact: Björn Wigström, CFO of Kitron ASA, phone: (+47) 9053 1304, or e-mail: bjorn.wigstrom@kitron.com
Kitron is one of Scandinavia's leading companies in development, industrialisation and manufacturing of electronics for the Data/Telecom, Defence/Marine, Medical equipment and Industry sectors. The company is located in Norway, Sweden and Lithuania. Kitron had a revenue of about NOK 1.9 billion in 2007 and has about 1,400 employees. www.kitron.com
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