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Kontron Sees FY24 Net Profit Over EUR 87 Mln

Kontron AG (KOTRF.PK), an IoT technology company, on Monday said that it sees its net profit grow over 87 million euros in 2024. This is a 20 percent increase from its recent guidance of 72 million euros.

Kontron expects further growth - targets for 2023 likely to be exceeded

The technology group Kontron expects further growth in revenue and profit for the current year. The company, which focuses on the Internet of Things , is likely to exceed its forecast for 2023 thanks.

EQS-DD: Kontron AG: Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

EQS-DD: Kontron AG: Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them
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21st Austria weekly - Lenzing, RBI, Kontron, voestalpine (03/11/2023)

21st Austria weekly - Lenzing RBI Kontron voestalpine 03/11/2023 [pic1]Lenzing: The anticipated recovery in markets relevant for the Lenzing Group a leading global supplier of specialty fibers textile and nonwovens industries has to date failed materialize. Revenue first three quarters 2023 decreased by 5.3 percent year-on-year EUR 1.87 bn. This reduction was primarily due lower fiber revenues while pulp revenues were up. net result after tax amounted minus 96.7 mn compared with 74.9 2022 earnings per share 4.90 2.16 2022. Building on this Managing Board is currently implementing comprehensive performance program overriding objective significantly enhanced long-term resilience crises greater agility face market changes. In addition positive effects sales expects annual cost savings more than 100 mn which approx. 50 will be effective from coming financial year.Lenzing: performance: 3.27% RBI: Raiffeisen Bank International

21st Austria weekly - Lenzing, RBI, Kontron, voestalpine (03/11/2023)

21st Austria weekly - Lenzing RBI Kontron voestalpine 03/11/2023 [pic1]Lenzing: The anticipated recovery in markets relevant for the Lenzing Group a leading global supplier of specialty fibers textile and nonwovens industries has to date failed materialize. Revenue first three quarters 2023 decreased by 5.3 percent year-on-year EUR 1.87 bn. This reduction was primarily due lower fiber revenues while pulp revenues were up. net result after tax amounted minus 96.7 mn compared with 74.9 2022 earnings per share 4.90 2.16 2022. Building on this Managing Board is currently implementing comprehensive performance program overriding objective significantly enhanced long-term resilience crises greater agility face market changes. In addition positive effects sales expects annual cost savings more than 100 mn which approx. 50 will be effective from coming financial year.Lenzing: performance: 3.27% RBI: Raiffeisen Bank International

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