Kitron ASA

Kitron receives order valued at EUR 44 million driven by rising demand for Data center electrification

(2025-12-18) Kitron has received an order valued at EUR 44 million for the production and supply of advanced electronic components used in energy storage and electric grid balancing systems. The order is closely linked to increasing demand from the fast-growing data center segment, where large-scale electrification, resilience, and power-balancing capabilities have become critical.

The order represents an expansion of existing business and underlines Kitron’s role as a trusted supplier of complex, high-reliability electronics supporting the global shift toward more energy-intensive digital infrastructure. As data centers scale rapidly, the need for robust energy storage and grid-balancing solutions is accelerating—and Kitron is well positioned to support this trend.

Deliveries under the order are scheduled to begin in 2026, and production will take place at Kitron’s facility in the United States, enabling proximity to several emerging data center clusters.

For further information, please contact:
Peter Nilsson, President and CEO, tel. +47 948 40 850
Hans Petter Thomassen, VP Central Nordics and North America, tel. +47 913 92 360
Email: investorrelations@kitron.com

Kitron is a leading Scandinavian electronics manufacturing services company for the Connectivity, Electrification, Industry, Medical Devices and Defence/Aerospace sectors. The group has operations located in Norway, Sweden, Denmark, Lithuania, Germany, Poland, the Czech Republic, India, Malaysia, China and the United States. Kitron has about 3 000 employees, and revenues were EUR 647 million in 2024.
www.kitron.com

This information is considered to be inside information pursuant to the EU Market Abuse Regulation (MAR) and is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act. The stock exchange announcement was published by Cathrin Nylander, CFO of Kitron ASA, at the time and date stated above in this announcement.