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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.