Kitron ASA (GB:0F0J) has released an update.
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Kitron ASA reported a steady operating margin with a slight decline in operating revenues and profits compared to last year, citing strong growth in Defense/Aerospace but overall decline in other sectors. The company remains optimistic about growth prospects and maintains a robust order backlog, with a positive outlook for operating revenues and EBIT for 2024. Notably, Kitron showed a healthy cash flow from operations, indicating financial resilience.
For further insights into GB:0F0J stock, check out TipRanks’ Stock Analysis page.
