Kontron AG

KTN

Equity

ISIN AT0000A0E9W5 / Valor 10395864

Xetra (2025-12-19)

EUR 22.66+0.35%

Kontron AG
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About company

Kontron AG is a prominent player in the technology sector, specializing in the development and manufacturing of embedded computing systems and solutions. The company provides a wide range of products and services, including industrial computers, IoT solutions, and embedded systems, catering to various industries such as transportation, telecommunications, and healthcare. With a focus on innovation and quality, Kontron AG leverages its expertise to deliver reliable and efficient technology solutions that meet the complex needs of its global clientele. The company is known for its commitment to advancing technological capabilities and supporting the digital transformation of businesses worldwide.

Summarized from source with an LLMView SourceSector: Technology

Key results

Revenues €385.4m (Q1 2024: €356.1m); EBITDA €48.0m (Q1 2024: €35.4m); gross margin 44.0% (Q1 2024: 41.3%); net income attributable to shareholders €20.1m (Q1 2024: €16.3m); EPS (undiluted) €0.33 (Q1 2024: €0.26).

Segment performance

Software + Solutions grew fastest: revenues €134.4m (+26.6% y/y) and accounted for a disproportionate share of profitability (company says ~35% of group revenues and ~54% of EBITDA in Q1 2025). Europe: revenues €195.5m (+2.1% y/y). Global: revenues €55.6m (-5% y/y) but with improved margins.

Margins & profitability

Group gross margin expanded to 44.0% driven by higher‑margin software/solutions; segment gross margins: Software + Solutions 53.4%, Europe 39.2%, Global 38.0%. Depreciation/amortization increased, but EBIT and EBITDA both improved meaningfully.

Cash, debt & liquidity

Cash and cash equivalents €208.1m (31.12.2024: €315.6m). Net debt stood at €191.9m (31.12.2024: €163.1m) reflecting lower cash and lower non-current financial liabilities. Operating cash flow ~€2.8m (adjusted for factoring €17.9m vs €23.8m prior year).

Balance sheet & workforce

Equity €668.8m, equity ratio improved to 38.9% (from 35.8%). Inventories €382.6m; working capital improved to €334.0m. Employees 7,122 FTEs (down from 7,263 at year-end 2024).

Order book & outlook

Backlog €2,186.8m and project pipeline €7,446.6m. Company expects 2025 revenues €1.9–2.0bn and reiterates an EBITDA target of at least €220m for 2025.

Other notable items

Kontron emphasizes its IoT/AI positioning, R&D strength (reported ~€237m R&D invested in 2024 and ~3,200 engineers) and strategic focus on divesting low‑margin activities. Q1 comprehensive income was impacted by a currency translation loss (~€4.0m).

Summarized from source with an LLMView Source

Key figures

17.2%1Y

49.5%3Y

21.2%5Y

Performance

45.1%1Y

36.7%3Y

41.1%5Y

Volatility