Austria's Kontron Q1 revenue rises

Kontron AG

07/05/2026 06:23

Overview

Austria IoT technology firm's Q1 revenue rose 1.7% yr/yr on a comparable basis

Adjusted EBITDA for Q1 rose slightly, impacted by EUR 8.5 mln restructuring expenses

Company to cut 500 jobs by August 2026 in GreenTec restructuring to save costs

Outlook

Company expects 2026 adj EBITDA of EUR 225 mln before restructuring expenses of EUR 25 mln

GreenTec division expected to return to profitability in Q4 2026

Result Drivers

DIVISIONAL GROWTH - Transportation and Aerospace & Defense divisions saw strong growth due to increased infrastructure and defense investments

RESTRUCTURING COSTS - Profitability was impacted by EUR 8.5 mln in restructuring expenses, mainly from workforce reduction in GreenTec division

SUPPLY CHAIN IMPACT - Negative operating cash flow reflected temporary inventory build-up due to supply chain disruptions

Company press release: ID:nEQ827SLXa

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Adjusted Net Income
after minority interests
EUR 20 mln


Analyst Coverage

The current average analyst rating on the shares is "strong buy" and the breakdown of recommendations is 10 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"

Wall Street's median 12-month price target for Kontron AG is €30.90, about 33.9% above its May 6 closing price of €23.08

The stock recently traded at 12 times the next 12-month earnings vs. a P/E of 12 three months ago

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)