Kitron post weak quarter - signs of improvements
Kitron's revenue amounted to NOK 338.6 million in the third quarter, which represents a 25.5 per cent decrease compared with the same period last year.
EMSLoss before tax and discontinued operations was NOK 0.6 million, compared to a profit of NOK 27.6 million for the third quarter last year. Cash flow from operations was NOK 11.0 million compared to NOK 27.8 million in the same period last year.
Before repayment of factoring debt the cash flow was NOK 19.0 million. The order intake was NOK 377 million and the order backlog was NOK 778 million, a decrease of 34.8 per cent and 29.3 per cent respectively.
This article has been edited and published by Evertiq New Media AB. Copying or re-publishing of this news item without permission from Evertiq New Media AB may lead to prosecution. The same applies for the headline.
© Ferrari
Ferrari: Too hot to handle
GeneralThe Italian sports car manufacturer Ferrari is recalling 1'200 cars, as several caught fire.
Titoma with new Country Manager France
EMSEMS-provider Titoma appoints Alain Traverso as Country Manager France.
Ralf Klaassen / Ricky German
New managers will join Enics
Foxconn likely to speed up inland move in China
EMSFoxconn is likely to speed up moving production to inner China locations.
Bree completes ISO audit
PCBBree, part of French Cire Group, has successfully completed the ISO TS 16949 audit.
