BILLINGSTAD, NORWAY — With strong demand and easing supply restraints, Kitron has raised its full-year 2022 revenue outlook to NOK 6.45-6.55 billion (US $645-655 million). Operating profit is expected to be between NOK 440-470 million ($44-47 million).

In November, the company reported third-quarter revenues of NOK 1.66 billion ($161 million), double the company's reported revenues of NOK 831 million ($80 million) in the third quarter of 2021.

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