Kitron ASA revised earnings guidance for the fiscal year 2023. For 2023, the company has previously indicated a revenue outlook of between EUR 700 and 800 million and an operating profit (EBIT) between EUR 60 and 75 million. Entering the second half of 2023, demand continues to be strong and capital efficiency ratios are improving.

The company now expects revenues between EUR 750 and 800 million with an operating profit (EBIT) between EUR 65 and EUR 75 million.