Kitron ASA

Kitron ASA is a leading Scandinavian Electronics Manufacturing Services (EMS) company, specializing in the production of complex electronics. The company's core business involves delivering improved flexibility, cost efficiency, and innovation across the electronics value chain. Headquartered in Asker, Norway, Kitron's vision is to provide solutions that ensure success for its customers, guided by core values of commitment, innovation, and engagement.

Kitron provides a comprehensive range of services, from development and design, industrialization, and manufacturing to service, repair, and product upgrades. This includes automated assembly of printed circuit boards and higher-level system integration. The company serves diverse market segments, including Connectivity, Electrification, Industry, Medical Devices, and Defence/Aerospace.

Under the leadership of President & CEO Peter Nilsson, Kitron has demonstrated strong performance and strategic growth. In Q1 2026, the company reported record revenue and operating profit, significantly driven by its Defence and Aerospace sector, which accounted for 50% of group revenue. Recent notable activities include securing a EUR 37 million order for next-generation tactical communication equipment in April 2026 and the acquisition of DeltaNordic in 2026, further strengthening its defense market position. Kitron also received a EUR 44 million order in late 2025 for advanced electronic components for energy storage and grid balancing systems, catering to the growing data center segment. The company has raised its outlook for 2026, anticipating revenues between EUR 900 and 1050 million due to increased demand in defense and data center expansion.