May 7 (Reuters) - Kontron AG KTN.VI:
Q1 ADJUSTED NET INCOME EUR 20 MILLION
Q1 ORDERS BACKLOG EUR 2,544 MILLION
Q1 REVENUES OF EUR 363.7 MILLION
Q1 ADJUSTED EBITDA EUR 46.1 MILLION
SEES 2026 SALES TO BE SLIGHTLY ABOVE PREVIOUS YEAR'S LEVEL, WHICH CORRESPONDS TO ORGANIC GROWTH OF 8%
STILL SEES 2026 ADJUSTED EBITDA OF EUR 225 MILLION BEFORE RESTRUCTURING EXPENSES OF AROUND EUR 25 MILLION
ON MANDATORY OFFER: NOT TO HINDER POTENTIAL OFFER, CO TO ADJUST PRICE CAP FROM EUR 24 TO EUR 23.50 AS PART OF ITS SHARE BUYBACK PROGRAM
RESTRUCTURING PROGRAM WAS INITIATED IN GREENTEC DIVISION. TOTAL OF 500 JOBS TO BE CUT BY AUGUST 2026
Source text: ID:nEQ827SLXa
Further company coverage: KTN.VI
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