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Wednesday, 27 December 2017

Kitron: Agreement related to manufacturing of medical equipment

Kitron ASA    

Published: 09:00 CET 27-12-2017 /GlobeNewswire /Source: Kitron ASA / : KIT /ISIN: NO0003079709

Kitron: Agreement related to manufacturing of medical equipment

(2017-12-27) Kitron AS, a subsidiary of Kitron ASA, has signed a contract with a leading supplier of medical equipment. The agreement specifies that Kitron for specific products will be a supplier for a period of two years from 2018. In this period, the expected turnover linked to the contract is between NOK 100 million and NOK 150 million. Production will take place at Kitron's plant in Arendal.

 

For further information please contact:

Peter Nilsson, CEO Kitron ASA, tel. +47 948 40 850

Hans Petter Thomassen, Managing Director Kitron AS, tel. +47 913 92 360

E-mail: InvestorRelations@kitron.com 

 

Kitron is one of Scandinavia's leading electronic manufacturing services companies for the Data/Telecoms, Defence, Energy, Industry, Medical devices and Offshore/Marine sectors. The company is located in Norway, Sweden, Lithuania, Germany, China and the United States. Kitron had revenue of about NOK 2.1 billion in 2016 and has about 1,350 employees. www.kitron.com

 

This information is subject of the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.





This announcement is distributed by Nasdaq Corporate Solutions (One Liberty Plaza, 165 Broadway, New York, NY 10006. Tel: +1 212 401 8700. www.nasdaqomx.com) on behalf of Nasdaq Corporate Solutions clients. Source: Kitron ASA, P O Box 97, Billingstad NO-1375, Norway
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