- Significant jump in EBITDA of 35.6% to EUR 48.0 million (previous year: EUR 35.4 million)
- Sales grow by 8.2% to EUR 385.4 million (previous year: EUR 356.1 million) with a significantly improved gross margin of 44.0% (previous year: 41.3%)
- Order backlog increases further to EUR 2,187 million (book-to-bill 1.28)
$KTN (+1,55%)
, a leading global provider of IoT technology, today announced its financial figures for the first quarter of 2025. The company was able to continue the strong earnings growth of the previous quarters.
Kontron increased its revenue in the first quarter of 2025 by 8.2% year-on-year to EUR 385.4 million (previous year: EUR 356.1 million).
The quality of revenue increased significantly with a gross margin of 44.0% compared to the previous year's figure of 41.3%, resulting in an increase in value added of 15.1%.
This significant increase is a result of the growing share of high-margin revenue from the Software + Solutions segment in total revenue. The Software + Solutions segment already accounted for 34.9% of revenue in the first quarter of 2025 (previous year: 29.8%) with an EBITDA margin of 19.9% (previous year: 17.7%).
Kontron's operating result (EBITDA) rose particularly strongly with growth of 35.6% to EUR 48.0 million (previous year: EUR 35.4 million). At 12.4%, the EBITDA margin increased significantly compared to the previous year's figure of 10.0%. Consolidated net income after minority interests increased to EUR 20.1 million (previous year: EUR 16.3 million) or EUR 0.33 (previous year: EUR 0.26) per share.
Equity amounted to EUR 668.8 million as at the quarterly reporting date (31.12.2024: EUR 652.3 million).
With growth in the equity ratio of 3.1% (December 31, 2024: 35.8%), Kontron thus has a solid equity ratio of 38.9%. Operating cash flow amounted to EUR 2.8 million (previous year: EUR -10.7 million) and, adjusted for the reduced factoring, was EUR 17.9 million (previous year: EUR 23.8 million).
Kontron was once again able to increase its high order backlog.
It stood at EUR 2,187 million at the end of Q1 2025 (December 31, 2024: EUR 2,078 million).
The project pipeline increased to EUR 7,447 million at the end of the first quarter (December 31, 2024: EUR 6,643 million), underpinning Kontron's growth potential beyond the 2025 financial year.
The book-to-bill ratio was 1.28 in Q1 2025.
Kontron continues to expect significant earnings growth (EBITDA) to at least EUR 220 million in 2025.
Hannes Niederhauser, CEO of Kontron AG, comments: "We have made a good start to the 2025 financial year. The first quarter of 2025 - like the previous quarters - clearly shows that Kontron is delivering the margin increases envisaged through growth in the Software + Solutions segment. We will continue on this path with corresponding portfolio adjustments."