Norbit ASA

NORBT

NO0010856511

Electronic Equipment & Parts

Real-time Oslo Bors Other stock markets 08:51:59 2024-04-30 am EDT			5-day change	1st Jan Change
72.1 ^NOK	+3.74%		+5.87%	+26.49%

Apr. 16	Norbit Wins New Supply Order for On-Board Units	MT
Apr. 16	Norbit ASA Receives NOK 160 Million Order for Delivery of On-Board Units	CI

Norbit ASA Receives NOK 160 Million Order for Delivery of On-Board Units

April 16, 2024 at 05:30 am EDT

NORBIT ASA announced that segment Connectivity has received an order from a new undisclosed European customer for delivery of On-Board Units. The value of the order is approximately NOK 160 million and deliveries are scheduled for 2025.

Latest news about Norbit ASA

Norbit Wins New Supply Order for On-Board Units	Apr. 16	MT
Norbit ASA Receives NOK 160 Million Order for Delivery of On-Board Units	Apr. 16	CI
Norbit ASA Reports Earnings Results for the Full Year Ended December 31, 2023	Feb. 15	CI
Norbit ASA provides Revenue Guidance for the Year 2024	Feb. 15	CI
Norbit ASA Proposes Extraordinary Dividend for the Fiscal Year 2023	Feb. 15	CI
Norbit ASA Reports Earnings Results for the Fourth Quarter Ended December 31, 2023	Feb. 15	CI
Norbit Seeks Acquisitions	Feb. 15	CI
Transcript : Norbit ASA, Q4 2023 Earnings Call, Feb 15, 2024	Feb. 15
Norbit ASA Proposes Dividend for the Fiscal Year 2023, Payable on or About 16 May 2024	Feb. 15	CI
Norbit ASA Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023	Nov. 15	CI
Norbit Seeks Acquisitions	Nov. 15	CI
Transcript : Norbit ASA, Q3 2023 Earnings Call, Nov 15, 2023	Nov. 15
Norbit ASA (OB:NORBT) completed the acquisition of Ping Digital Signal Processing Inc.	23-10-09	CI
Norbit to Acquire Canada's PING DSP	23-09-04	MT
Norbit ASA (OB:NORBT) agreed to acquire Ping DSP for $3.2 million.	23-09-03	CI
Norbit ASA Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023	23-08-15	CI
Transcript : Norbit ASA, H1 2023 Earnings Call, Aug 15, 2023	23-08-15
Norbit Asa Raises Earnings Guidance for 2023	23-08-15	CI
Norway’s Norbit Secures NOK30 Million Order From Toll Collect	23-08-07	MT
Norbit Receives NOK 30 Million Order from Toll Collect	23-08-07	CI
Norway's Norbit Wins NOK80 Million Order for Data Collection, Transmission Electronics	23-06-09	MT
PIR Enters into a NOK 80 Million Agreement for Contract Manufacturing	23-06-08	CI
Transcript : Norbit ASA, Q1 2023 Earnings Call, May 16, 2023	23-05-16
Norbit ASA Reiterates Revenue Guidance for the Year 2023	23-05-16	CI
Norbit ASA Reports Earnings Results for the First Quarter Ended March 31, 2023	23-05-15	CI

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Company Profile

Norbit ASA is a Norway-based supplier of tailored technology solutions. The company is structured in three business segments to address its key markets. Oceans segment delivers technology solutions to global maritime markets. It is primarily engaged in sonar solutions based on integrated and compact sonars with light detection and ranging (LIDAR) and a global positioning system (GPS) for surface and subsea imaging and mapping. The Connectivity segment enables clients to digitise their operations further through data collection and tailored sensor analysis with connectivity devices, cloud computing and data fusion being directly integrated into the clientâs business software or as stand-alone services. Connectivity consists of the Intelligent Traffic Systems (ITS) and Smart Data sub-segments. The Product Innovation & Realization (PIR) segment offers Research and Development (R&D) products and services, alongside contract manufacturing services to customers.

Sector

Electronic Equipment & Parts

Calendar

2024-05-06 - Annual General Meeting

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Ratings for Norbit ASA

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ESG Refinitiv

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Sell

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Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

69.5 NOK

Average target price

100 NOK

Spread / Average Target

+43.88%

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Company calendar

Sector Advanced Electronic Equipment

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Advanced Electronic Equipment

Norbit ASA

Equities

NORBT

NO0010856511

Electronic Equipment & Parts

Norbit ASA Receives NOK 160 Million Order for Delivery of On-Board Units

EPS Revisions