Kitron ASA operates within the Electromedical equipment sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Kitron ASA with three other
medical equipment manufacturers in Europe:
sales of 748.15 million Swedish Kronor [US$83.06 million]
of which 100%
was Royalty-Based Payme),
(306.46 million Euro [US$349.04 million]
of which 57%
was Medical Laser Systems), and
Handicare Group AB
based in Sweden
(2.74 billion Swedish Kronor [US$304.64 million]
of which 64%
During the year ended December of 2017, sales at
Kitron ASA were NOK 2.44 billion (US$288.87 million).
increase of 16.4%
versus 2016, when the company's sales were NOK 2.09 billion.
This was the fourth straight year of sales growth at Kitron ASA.
Sales of Energy/telecoms saw an increase
that was more than double the company's growth rate: sales were up
33.6% in 2017, from
NOK 302.75 million to NOK 404.50 million.
Kitron ASA also saw significant increases in sales in
Industry (up 29.5% to NOK 890.80 million)
Not all segments of Kitron ASA experienced an increase in sales in 2017:
sales of Offshore/marine fell 26.4% to NOK 32.00 million.
(However, this segment's sales were only a very small portion of the company's overall sales).
Kitron ASA also experienced decreases in sales in
Medical Equipment (down 6.1% to NOK 455.20 million)