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KTN — Kontron AG News Story

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Kontron rises on Q2 earnings beat

BUZZ-Kontron rises on Q2 earnings beat

** Shares in Kontron KTN.VI rise around 5% after the Austria-based IT supplier posted quarterly results above expectations

** Kontron posts Q2 revenue of 373.4 million euros ($431.09 million), up from 371.6 million a year earlier

** Its Q2 adjusted EBITDA also inclined to 54.7 million euros from 45.6 million euros last year

** A local trader says the company's Q2 sales and adjusted core profit beat expectations

** "First view positive," it adds

** The stock is among the best performers of Germany's small-cap index .SDAXI

($1 = 0.8662 euros)


(Reporting by Ozan Ergenay)

((ozan.ergenay@thomsonreuters.com))

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