Kontron confirms exemption from US tariffs, shares up 3%

Kontron AG

08/09/2025 08:39

** Shares of Kontron Group KTN.VI are up around 3% up after the Germany-listed Austrian IoT firm said its products will remain exempt from the trade tariffs imposed on the European Union by the U.S.

** "Kontron is also able to avoid import duties into the USA for around 85 to 90 percent of its products," the company said in a press release

** It added it aims to reduce the remaining gap through relocations and other measures

** "Kontron is one of those companies that should benefit from so far imposed tariffs, gaining new customers through cost advantages vs peers in the US," Erste Group analyst Daniel Lion notes

** The stock is at the top of the German small-cap index .SDAXI

 (Reporting by Maria Rugamer)

 ((maria.rugamer@thomsonreuters.com;))