Brief: Kontron Q2 EBITDA Up By 48.6%

Kontron AG

07/08/2024 06:03

Aug 7 (Reuters) - KONTRON AG  KTN.VI :
    * 48.6% EBITDA GROWTH IN Q2 2024
    * 52.9% REVENUE GROWTH IN Q2 2024: EUR 423.8 MILLION VERSUS
EUR
277.3 MILLION IN Q2 2023
    * RECORD GROSS MARGIN OF 42.5% IN Q2 2024 (FY 2023 38,0%)
    * ORDER BACKLOG ROSE IN FIRST HALF BY EUR 279 MILLION TO A
RECORD
HIGH OF EUR 1,965 MILLION
    * 48.6% EBITDA GROWTH IN Q2 2024: EUR 46.5 MILLION VERSUS
EUR 31.3
MILLION IN Q2 2023
    * CONSOLIDATED NET INCOME GREW TO EUR 21.6 MILLION (Q2 2023:
EUR
19.0 MILLION) DESPITE ONE-OFF COSTS AND ADDITIONAL EUR 2.2
MILLION PPA AMORTISATION FROM KATEK ACQUISITION
    * OUTLOOK 2024: CONTINUE TO FORECAST AN EBITDA OF EUR 190
MILLION
AND AN ADJUSTED CONSOLIDATED NET INCOME OF AROUND EUR 100
MILLION

Source text for Eikon:  ID:nEQ6CX9BPa 
Further company coverage:  KTN.VI 

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