Brief: Kontron 9M Revenue At EUR 860.9 Mln

Kontron AG

03/11/2023 06:04

Nov 3 (Reuters) - KONTRON AG  KTN.VI :
    * KONTRON’S STRATEGIC REALIGNMENT IS A RESOUNDING SUCCESS
    * Q3 QUADRUPLING OF OPERATING CASH FLOW TO EUR 26.8 MILLION
(Q3
2022: EUR 6.1 MILLION)
    * GUIDANCE 2023 FOR NET PROFIT INCREASED FROM EUR >66
MILLION TO
EUR >72 MILLION
    * 9M 2023 REVENUE INCREASED BY A TOTAL OF 14.0% TO EUR 860.9
MILLION COMPARED TO SAME PERIOD OF PREVIOUS YEAR
    * GROSS MARGIN IMPROVED FROM 36.2% IN SAME PERIOD TO 39.6%
IN
FIRST NINE MONTHS OF 2023
    * SAYS ARE RAISING OUTLOOK FOR NET INCOME FOR 2023 FOR
SECOND TIME
FROM EUR >66 MILLION TO EUR >72 MILLION

Source text for Eikon:  ID:nEQ2Ql7lpa 
Further company coverage:  KTN.VI 

 (Gdansk Newsroom)
 ((Gdansk.newsroom@thomsonreuters.com; +48 58 7696600;))