Kontron AG Nears Completion of Strategic Transformation in Q1

• 36% revenue growth: EUR 356 million compared to EUR 262 million in Q1 2023
• First-time consolidation of Katek as of March 1, 2024, contributes EUR 54 million to revenues
• Strong gross margin of 41.3% in the 1st quarter
• EUR 35.4 million EBITDA vs. 29.6 million in the same quarter of the previous year
• Outlook for 2024 strong with 33% profit growth
• Kontron AG announced results for the first quarter of 2024, including the acquisition of Katek and strategic realignment towards IoT.

The next important date, Q1-Announcement 2024, at Kontron is on 03.05.2024.

The price of Kontron at the time of the news was 19,030EUR and was up +0,11 % compared with the previous day.
16 minutes after the article was published, the price was 19,180EUR this corresponds to a plus of +0,79 % since publication.
At this time, the index SDAX was at 14.372,76PKT (+0,63 %).

Kontron

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ISIN:AT0000A0E9W5WKN:A0X9EJ

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