- Q1 2024 Kitron ASA Earnings Call TranscriptApr 25, 2024€2.47 (-6.07%)Earnings
- Q4 2023 Kitron ASA Earnings Call TranscriptFeb 14, 2024€3.08 (+8.07%)Earnings
- Kitron ASA to Provide Update on Strategic and Financial Ambitions TranscriptDec 13, 2023
- Q3 2023 Kitron ASA Earnings Call TranscriptOct 25, 2023€2.46 (-10.24%)Earnings
- Q2 2023 Kitron ASA Earnings Call TranscriptJul 13, 2023€3.32 (-10.75%)Earnings
- Kitron ASA Annual Shareholders Meeting TranscriptApr 28, 2023
- Q1 2023 Kitron ASA Earnings Call TranscriptApr 28, 2023€3.36 (+12.94%)Earnings
- Q4 2022 Kitron ASA Corporate Sales Call TranscriptFeb 15, 2023
- Kitron ASA Corporate Analyst Meeting TranscriptDec 13, 2022
- Q3 2022 Kitron ASA Earnings Call TranscriptOct 26, 2022€2.05 (+7.29%)Earnings
- Q2 2022 Kitron ASA Earnings Call TranscriptJul 12, 2022€1.98 (+11.22%)Earnings
- Q1 2022 Kitron ASA Earnings Call TranscriptApr 27, 2022€1.93 (-3.41%)Earnings
- Q4 2021 Kitron ASA Earnings Call TranscriptFeb 11, 2022€2.17 (-3.56%)Earnings
- Kitron ASA Acquire Bb Electronics A/S call TranscriptDec 21, 2021
- Q3 2021 Kitron ASA Earnings Call TranscriptOct 21, 2021€1.92 (-7.44%)Earnings
- Q2 2021 Kitron ASA Earnings Call TranscriptJul 12, 2021€1.91 (+1.81%)Earnings
- Q1 2021 Kitron ASA Earnings Call TranscriptApr 21, 2021€2.16 (-6.09%)Earnings
- Kitron ASA Corporate Analyst Meeting TranscriptMar 17, 2021
- Q4 2020 Kitron ASA Earnings Call TranscriptFeb 11, 2021€1.82 (-0.66%)Earnings
- Q3 2020 Kitron ASA Earnings Call TranscriptOct 21, 2020€1.79 (-0.45%)Earnings
- Q2 2020 Kitron ASA Earnings Call TranscriptJul 10, 2020€1.28 (+8.67%)Earnings
- Q1 2020 Kitron ASA Earnings Call TranscriptApr 23, 2020€0.914 (+7.78%)Earnings
- Kitron ASA - Special Call TranscriptMar 18, 2020
- Q4 2019 Kitron ASA Earnings Call TranscriptFeb 13, 2020€1.19 (+8.41%)Earnings
- Q3 2019 Kitron ASA Earnings Call TranscriptOct 24, 2019€0.93 (+5.68%)Earnings
- Q2 2019 Kitron ASA Earnings Call TranscriptJul 11, 2019€1.03 (+4.04%)Earnings
- Q1 2019 Kitron ASA Earnings Presentation TranscriptApr 30, 2019
- Kitron ASA Corporate Analyst Meeting TranscriptMar 21, 2019
Q4 2023 Kitron ASA Earnings Call Transcript
Good morning, everyone, and welcome to Kitron's fourth quarter report for 2023. I'm Peter Nilsson, CEO of the Kitron Group and joining me, as usual today is Ms. Cathrin Nylander, CFO. 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, slide 2, please. In the final quarter of 2023, we continued our streak of growth with record sales in the quarter of over EUR199 million that's a robust 14% increase from the same period previous year.
Our EBIT was EUR18 million, a growth of 13.5% from last year. Cash flow has been strong this quarter with a cash flow close to EUR35 million. Return on operating capital is stable on just under 27%, with a cash type of conversion improving from 100 days to 95 days. Furthermore, our net interest bearing debt to EBITDA ratio has been reduced from 2.6 to 1.5, another strong improvement. In Q4, we saw a decline in the order backlog of almost 15% to 496 million (sic â see slide 4,"493.6 million").
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