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Kontron remains on record course

Kontron $KTN (+0,69%) has exceeded its earnings target for 2024 and expects to continue on its record course in the current year.


According to initial calculations, the Austrian specialist for autonomous communication between devices ("Internet of Things, IoT") has exceeded its target for the operating result (EBITDA) of EUR 190 million, Kontron announced on Tuesday.

Compared to the previous year's figure, the increase will probably be over 50 percent.


Turnover will increase by more than 40 percent to over EUR 1.7 billion. For 2025, the Management Board is forecasting significant organic revenue growth to EUR 1.9 to 2.0 billion and EBITDA of at least EUR 220 million.

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