LOGIN Investors Select the subject you are interested in or simply scroll down STOCK MARKET ANNOUNCEMENTS FINANCIAL CALENDAR FINANCIAL FIGURES ANNUAL REPORTS QUARTERLY REPORTS SHARE PRICE INFORMATION SHAREHOLDER INFORMATION CORPORATE GOVERNANCE SUSTAINABILITY RAISING CONCERNS - WHISTLEBLOWING ANNUAL GENERAL MEETING CAPITAL MARKETS DAY ANALYSTS INVESTOR RELATIONS CONTACTS STOCK MARKET ANNOUNCEMENTS FINANCIAL CALENDAR Logon details for the webcast will be available one week before the event. ADD TO YOUR CALENDAR 11 FEBRUARY 2021 JOIN WEBCAST QUARTERLY REPORT FOR Q4 2020 ADD TO YOUR CALENDAR 17 MARCH 2021 JOIN WEBCAST CAPITAL MARKETS DAY ADD TO YOUR CALENDAR 23 MARCH 2021 ANNUAL REPORT 2020 ADD TO YOUR CALENDAR 21 APRIL 2021 ANNUAL GENERAL MEETING AT 10:00 CEST ADD TO YOUR CALENDAR 12 JULY 2021 JOIN WEBCAST QUARTERLY REPORT FOR Q2 2021. WEBCAST AT 14:00 CEST ADD TO YOUR CALENDAR 21 OCTOBER 2021 JOIN WEBCAST QUARTERLY REPORT FOR Q3 2021. WEBCAST AT 08:30 CEST ADD TO YOUR CALENDAR 11 FEBRUARY 2022 QUARTERLY REPORT FOR Q4 2021. WEBCAST AT 08:30 CET ADD TO YOUR CALENDAR 26 APRIL 2022 QUARTERLY REPORT FOR Q1 2022 ADD TO YOUR CALENDAR 12 JULY 2022 QUARTERLY REPORT FOR Q2 2022 ADD TO YOUR CALENDAR 26 OCTOBER 2022 QUARTERLY REPORT FOR Q3 2022 FINANCIAL FIGURES YEARS REVENUES OPERATING PROFIT NET PROFIT NET CASH FLOW FROM OPERATING ACTIVITIES NET CASH FLOW FROM INVESTING ACTIVITIES ORDER INTAKE ORDER BACKLOG TOTAL EQUITY EQUITY RATIO EMPLOYEES 2020 3963.9 312.6 213.1 237.0 (59.0) 4085.5 2005.5 885.7 33.4 1805 2019 3299.4 201.5 132.5 195.2 (248.1) 3367.7 1883.9 739.2 30.8 1722 2018 2619.3 156.1 110.3 (44.5) (55.9) 2750 1334.8 691.5 37.1 1606 2017 2436.7 148.7 99 160.8 (35.2) 2686.1 1306.4 663.6 42.8 1451 2016 2093.0 117.8 74.6 108.5 (43.8) 2174.3 1019.4 584.8 43.2 1337 2015 1951.8 102.7 72.2 204.1 (75.9) 2002.4 975.6 566.5 44.5 1221 2014 1751.3 30.0 24.2 (4.7) (62.9) 1834.9 868.4 494.6 42.9 1200 SHOW MORE Print Download as PDF Download as JPG Download as XLS ANNUAL REPORTS ANNUAL REPORT 2020 Kitron’s annual report for 2020 was published on 23 March 2020 and sums up a truly exceptional year. On top of a strong underlying trend, the global pandemic led to extraordinary demand within the Medical devices market sector, resulting in unusually strong growth and high margins. Annual Report 2020 – PDF YEAR REPORT 2019 Annual Report 2019 - PDF 2018 Annual Report 2018 - PDF 2017 Annual Report 2017 – PDF 2016 Annual Report 2016 – PDF 2015 Annual Report 2015 – PDF 2014 Annual Report 2014 – PDF 2013 Annual Report 2013 – PDF SHOW MORE QUARTERLY REPORTS 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 QUARTER REPORT PRESENTATION WEBCAST Q3 PDF PDF Watch webcast Q2 PDF PDF Watch webcast Q1 PDF PDF Watch webcast SHARE PRICE INFORMATION Kitron ASA is a publicly listed company on the Oslo Stock Exchange (ticker code: KIT) in the OB Standard segment. The company is governed by Norwegian law. Shareholder Information SHARE CAPITAL AND STOCK MARKET LISTING MANDATORY NOTIFICATIONS OF TRADE AND FLAGGING ANNOUNCEMENTS SHAREHOLDER STRUCTURE 20 LARGEST SHAREHOLDERS LEGAL INFORMATION FOR SHAREHOLDERS INFORMATION AND INVESTOR RELATIONS ARTICLES OF ASSOCIATION MANDATES DIVIDEND EXTERNAL CAPITAL PROSPECTUSES ACCOUNT MANAGER FOR KITRON CORPORATE GOVERNANCE Kitron’s corporate governance principles clarify the division of roles between shareholders, the board of directors and corporate management. The principles are also intended to help safeguard the interests of shareholders, employees and other stakeholders, such as customers and suppliers, as well as society at large. The primary intention is to increase predictability and transparency and thereby reduce uncertainties associated with the business. It is Kitron’s intent to practice good corporate governance in accordance with laws and regulations and the recommendations of Oslo Børs under the ‘comply or explain’ concept. This review has been prepared by the board of Kitron based on Norwegian Code of Practice for Corporate Governance dated 17 October 2018 (“the Code”). The Code is available at www.nues.no/en/. READ MORE SUSTAINABILITY Kitron has this year significantly upgraded its reporting on Sustainability, in line with the recommendations from the Oslo Stock Exchange. This report covers topics related to Sustainability that are of importance to Kitron and Kitron stakeholders. Kitron is a UN Global Compact Signatory. The Kitron documents that are the foundation for Kitron’s work within Sustainability are the Kitron Ethical Code of Conduct, Kitron Suppliers Code of Conduct and Kitron Anti-Corruption Policy. The report on Sustainability has been reviewed and approved by the Board. Kitron has signed under the WBCSD Pledge (WASH) for Access to Safe Water, Sanitation and Hygiene. We recognize that by signing this Pledge Kitron commits to implementing access to safe water, sanitation and hygiene at an appropriate level of standard for all employees in all premises under our direct control, and supporting partners across our value chains and communities that surround our workplaces, within three years. To further strengthen sustainability management Kitron started to use EcoVAdis as a widely used Business Sustainability Rating provider. In 2021 Kitron received a “Silver” sustainability rating medal that puts us under the TOP 25 per cent of the companies rated by EcoVadis. RAISING CONCERNS – WHISTLEBLOWING Kitron personnel are required to report immediately any suspected violation of Kitron’s Anti-Corruption Policy. Suspected violations can be reported to the employee’s manager, his/her manager’s manager, any member of the Ethics Committee, or through this e-mail: whistleblowing@kitron.com. When using this e-mail your concerns will be sent to the head of the Ethics committee and dealt with confidentially. Kitron will not implement sanctions in any form against any person who, in good faith and in a responsible manner, informs persons in positions of responsibility or internal entities about possible breaches of Kitron’s Anti-Corruption Policy or applicable laws. Kitron prohibits retaliation against anyone for making a good-faith report. All reports of suspected violations are taken seriously and will be followed up, as appropriate. Reports may be made anonymously. Any manager, who receives a report of a suspected violation of anti-corruption laws and regulations, or Kitron’s Anti-Corruption Policy, must immediately notify the head of the Ethics committee. ANNUAL GENERAL MEETING ANNUAL GENERAL MEETING 21 APRIL 2021 The Annual General Meeting of Kitron will be held on Wednesday 21 April 2021 at 10:00 a.m. CEST at the head office of Kitron ASA, Olav Brunborgs vei 4, 1396 Billingstad, Norway. Enrollment period: 31/03/2021 CET 16.00 - 19/04/2021 CET 16.00 Norwegian: REGISTRATION English: REGISTRATION ANNUAL GENERAL MEETINGS YYYY-MM-DD MINUTES (ENG) NOTICE (ENG) PROTOKOLL (NOR) INNKALLING (NOR) NOMINATION COMMITTEE RECOMMENDATION (ENG) A MANDATE FOR THE NOMINATION COMMITTEE (ENG) THE BOD DECLARATION ON EXECUTIVE REMUNERATION (ENG) ARTICLE OF ASSOCIATION (ENG) ANNUAL REPORT (ENG) 2021-04-21 PDF PDF PDF PDF PDF - PDF - PDF 2020-04-23 PDF PDF PDF PDF PDF PDF - PDF PDF 2019-04-30 PDF PDF PDF PDF PDF PDF - PDF PDF 2018-04-20 PDF PDF PDF PDF PDF PDF - PDF PDF 2017-04-25 PDF PDF PDF PDF PDF PDF PDF PDF PDF 2017-01-21 PDF PDF PDF - - - - - PDF 2016-04-21 PDF PDF PDF - - - - - PDF SHOW MORE MANDATES DIVIDEND The Annual General Meeting approved the proposed authorization to the board to resolve dividends on the basis of the annual accounts, cf. the Norwegian Public Limited Liability Companies Act section 8-2, second paragraph. The board of directors shall, when using the authorization, make its decision in accordance with the company’s approved dividend policy. The board of directors shall before each decision to approve the payment of dividends consider if the company, after the payment of dividends, will have sufficient equity and liquidity. The authorization is limited to a total amount of NOK 90 million and shall be valid until the next annual general meeting, but not beyond 30 June 2021. INCREASING THE SHARE CAPITAL The ordinary general meeting of 23 April 2020 authorised the board to execute one or more share capital increases by issuing a number of shares maximized to 10 per cent of Kitron’s registered share capital on 23 April 2020. The total amount by which the share capital may be increased is NOK 1 791 039.90. The authority applies until the ordinary general meeting in 2021 but no longer than 30 June 2021. The authorization is limited to encompass capital requirements or issuance of consideration shares in relation to the strengthening of Kitron ASA’s equity, acquisition of other companies or businesses, joint ventures or joint business operations, for remuneration to the members of the board of directors of Kitron ASA, for incentive schemes, and acquisition of property and business within Kitron ASA’s purpose. OWN SHARES The ordinary general meeting on 23 April 2020 authorised the board to acquire its own shares for a total nominal value of up to NOK 1,791,039.90 which is equal to 10 per cent of Kitron’s registered share capital on 23 April 2020. The authorization also includes contract liens in the shares of Kitron ASA. Under this authorization, the board of directors may pay a minimum of NOK 1 per share and maximum the prevailing market price per share on the day the offer is made, provided, however, that the maximum amount does not exceed NOK 25 per share. The authority is valid until the ordinary general meeting in 2021 but no longer than 30 June 2021. CAPITAL MARKETS DAY On 17 March 2021, Kitron introduced an update on its new strategic ambitions - a focus on growth opportunities within connectivity and electrification and increased strategic revenue and margin targets. The presentation was hosted by CEO Peter Nilsson and other members of group management. The webcast was followed by a Q&A session. DATE PRESENTATION Q&A SESSION TRANSCRIPT WEBCAST 2021-03-17 PDF - Watch webcast 2020-03-18 PDF PDF Watch webcast 2019-03-21 PDF - Watch webcast 2018-02-16 PDF - Watch webcast 2017-02-16 PDF PDF Watch webcast 2016-02-11 PDF PDF Watch webcast Analysts According to our information the following analysts cover Kitron on a regular basis: Knut Erik Løvstad Analyst klovstad@keplercheuvreux.com +47 93 44 63 44 Tomas Skeivys Analyst tomas.skeivys@norne.no +370 676 35 144 Petter Kongslie Analyst petter.kongslie@sb1markets.no +47 98 41 10 80 Carl Jørgen Flaen Analyst carl.jorgen.flaen@paretosec.com +47 24 13 21 89 Investor relations contacts Peter Nilsson President & CEO InvestorRelations@kitron.com +47 948 40 850 Cathrin Nylander CFO InvestorRelations@kitron.com +47 900 43 284 Let‘s keep in touch Sign up for latest press releases or stock market announcements SUBSCRIBE © Kitron ASA 2018-2021 Privacy policyContact us OUR COOKIE POLICY This website uses cookies to optimize your experience. 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