Kitron ASA Q4 2024 Earnings Call Transcript - Thomson StreetEvents

Kitron ASA Q4 2024 Earnings Call Transcript

Kitron ASA Q4 2024 Earnings Call Transcript - Thomson StreetEvents
Kitron ASA Q4 2024 Earnings Call Transcript
Published Feb 13, 2025
8 pages (4307 words) — Published Feb 13, 2025
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About This Report

  
Abstract:

Edited Transcript of KIT.OL earnings conference call or presentation 13-Feb-25 7:30am GMT

  
Brief Excerpt:

...I'm Peter Nilsson, Chief Executive Officer of the Kitron Group, and joining me as usual, is Ms. Cathrin Nylander, Chief Financial Officer. Following today's brief presentation, we'll have a Q&A. So please post any questions you may have in the Q&A section of the webcast. Thank you. Next slide, please. Let's take a look at an overview of the quarter and the full year 2024 numbers. Kitron delivered a Q4 revenue of close to NOK 161 million with a 7.3% margin, contributing to a full year revenue of just over NOK 647 million, or a 7.4% margin. Throughout the year, demand softened across key sectors such as connectivity, electrification and industry leading to a 16.5% year-over-year decline. The CE market fell by 34%, primarily due to weakened electrification demand, while Asia declined 19%, affected by reduced connectivity investments driven by a downturn in capital investments in manufacturing. Defence and aerospace was a bright spot, growing quarter-over-quarter and year-over-year, as well...

  
Report Type:

Transcript

Source:
Company:
Kitron ASA
Ticker
KIT.OL
Time
7:30am GMT
Format:
PDF Adobe Acrobat
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Cite this Report

  
MLA:
Thomson StreetEvents. "Kitron ASA Q4 2024 Earnings Call Transcript" Feb 13, 2025. Alacra Store. Nov 06, 2026. <http://www.alacrastore.com/thomson-streetevents-transcripts/Q4-2024-Kitron-ASA-Earnings-Call-T16245231>
  
APA:
Thomson StreetEvents. (2025). Kitron ASA Q4 2024 Earnings Call Transcript Feb 13, 2025. New York, NY: Alacra Store. Retrieved Nov 06, 2026 from <http://www.alacrastore.com/thomson-streetevents-transcripts/Q4-2024-Kitron-ASA-Earnings-Call-T16245231>
  
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