BILLINGSTAD, NORWAY -- Top 50 EMS firm Kitron reported first-quarter sales of NOK 429.8 million ($81.5 million), up 4.5% over last year.

The company, ranked 49th in 2010 on the CIRCUITS ASSEMBLY Top 50, reported EBIT of NOK 11.1 million, up from NOK 5.9 million a year ago. Pretax profit was NOK 5.2 million, up NOK 1.9 million, not including discontinued operations.

Backlogs rose 4.3% year-over-year to NOK 817.1 million.

Kitron is Norway's largest electronics manufacturing services provider and third-largest in Scandinavia, behind PartnerTech and Scanfil (Elcoteq, which is essentially Oslo-based, has its headquarters in Luxembourg).

Ed.: 1 NOK = 0.189653 USD

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