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Kitron Secures Major Manufacturing Agreement for European Market

Story Highlights
  • Kitron will manufacture sensor-based products for a U.S. customer in Europe.
  • The agreement strengthens Kitron’s role in the Connectivity sector and industrial digitalization.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

Confident Investing Starts Here:

Kitron ASA ( (GB:0F0J) ) has issued an update.

Kitron has secured a multi-year agreement with a U.S.-based customer to produce advanced sensor-based products for the European market, valued at approximately EUR 7 million annually. This deal, starting in late 2025, underscores Kitron’s manufacturing prowess and aligns with its strategy to enhance its position in the Connectivity sector, supporting digitalization and sensor-driven transformations in industrial markets.

More about Kitron ASA

Kitron is a leading Scandinavian electronics manufacturing services company operating in sectors such as Connectivity, Electrification, Industry, Medical devices, and Defence/Aerospace. The company has a global presence with operations in Norway, Sweden, Denmark, Lithuania, Germany, Poland, the Czech Republic, India, Malaysia, China, and the United States, employing around 2,400 people and generating revenues of EUR 647 million in 2024.

Average Trading Volume: 1,206,866

Current Market Cap: NOK10.45B

For an in-depth examination of 0F0J stock, go to TipRanks’ Stock Analysis page.

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