Kontron AG

KTN

Equity

ISIN AT0000A0E9W5 / Valor 10395864

Xetra (2024-11-20)

EUR 17.00-2.80%

Kontron AG
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About company

Kontron AG is a multinational technology group that specializes in delivering IoT solutions focused on digitalization trends such as smart automation, real-time software, connectivity, data intelligence, and AI applications. The company is rapidly expanding and is known for its innovative approach to technology solutions.

Summarized from source with an LLMView SourceSector: Technology

Revenue Growth

In Q1 2024, Kontron AG reported a significant increase in revenue, reaching EUR 356.1 million, up from EUR 262.0 million in Q1 2023. This represents a growth of 35.9%, driven by the inclusion of Katek SE's contribution of EUR 54.1 million for one month.

EBITDA Performance

Kontron AG's EBITDA for Q1 2024 increased by 19.6% to EUR 35.4 million, compared to EUR 29.6 million in Q1 2023. When adjusted for M&A costs and one-off effects, EBITDA was EUR 39.4 million, with a margin of 11.1%.

Net Income

Net income assignable to Kontron AG shareholders for Q1 2024 was EUR 16.3 million, slightly down from EUR 16.6 million in Q1 2023. Despite the one-off effects, earnings per share remained unchanged at 26 cents.

Segment Performance

The Software + Solutions segment showed strong growth in Q1 2024, with revenues increasing by 67.5% to EUR 90.7 million from EUR 54.2 million in Q1 2023. EBITDA in this segment rose by 80.0% to EUR 17.7 million.

Financial Position

As of March 31, 2024, Kontron AG's balance sheet total increased by 37.5% to EUR 1,884 million, up from EUR 1,371 million as of December 31, 2023. Equity, including non-controlling interests, rose by 11.0% to EUR 670.2 million, with an equity ratio of 35.6% following the acquisition of Katek SE.

Summarized from source with an LLMView Source

Key figures

-23.0%1Y

-16.2%3Y

-18.6%5Y

Performance

30.7%1Y

41.1%3Y

41.4%5Y

Volatility