Kitron - Regulatory Filings 2017 | FinancialReports.eu

Kitron receives new order from Husqvarna Group

(2017-11-15) Kitron has received a further order from Husqvarna Group in

addition to already existing manufacturing volumes.

Kitron will manufacture and deliver controller units to Husqvarna Group's

factory in Sweden for the next 4 years. The controller units are important parts

of Husqvarna Group's battery-powered equipment such as chainsaws, blowers and

trimmers.

Production will take place at Kitron's plant in Kaunas, Lithuania.

For further information, please contact:

Peter Nilsson, President and CEO, tel. +47 94 84 08 50

Mindaugas Sestokas, Managing Director, Kitron Lithuania, tel. +370 685 25 557

Kitron is one of Scandinavia's leading electronic manufacturing services

companies for the Data/Telecoms, Defence, Energy, Industry, Medical devices and

Offshore/Marine sectors. The company is located in Norway, Sweden, Lithuania,

Germany, China and the United States. Kitron had revenue of about NOK 2.1

billion in 2016 and has about 1,350 employees. www.kitron.com

This information is subject to the disclosure requirements pursuant to section

5 -12 of the Norwegian Securities Trading Act.

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