Kontron | Jotup

EQS-News: Kontron AG in Q1: Strategic Transformation Approaching Completion

Retrieved on:

Friday, May 3, 2024

Internet of things, WKN, KTN, Software, Kontron, Acquisition

Revenues increased by 35.9% to EUR 356.1 million (previous year: EUR 262.0 million), of which EUR 54.1 million came from Katek.

Key Points:

Revenues increased by 35.9% to EUR 356.1 million (previous year: EUR 262.0 million), of which EUR 54.1 million came from Katek.
The gross margin was very strong at 41.3% and is the result of the strategic realignment towards IoT.
"In 2024, the focus will be on integrating Katek and increasing profitability," says Hannes Niederhauser, CEO of Kontron AG.
Seit mehr als 20 Jahren unterstützt Kontron Unternehmen aus den unterschiedlichsten Branchen dabei, mit intelligenten Lösungen wirtschaftliche Ziele zu erreichen.

EQS-News: Successful business development: KATEK continues to grow strongly in 2023, realizes strongest year in the company's history in terms of operating result (EBITDA) and meets all forecasts

Retrieved on:

Friday, May 3, 2024

Acquisition, Bank statement, Internet of things, Charging, Software, Partnership, Kontron, Electronics, Growth, Risk

Successful business development: KATEK continues to grow strongly in 2023, realizes strongest year in the company's history in terms of operating result (EBITDA) and meets all forecasts

Key Points:

Successful business development: KATEK continues to grow strongly in 2023, realizes strongest year in the company's history in terms of operating result (EBITDA) and meets all forecasts
The issuer is solely responsible for the content of this announcement.
According to preliminary figures, the company continued its strong growth in the 2023 financial year and achieved a new record result.
In the first few months of the 2024 financial year, KATEK is aware of economic uncertainties in the business environment.
Following the acquisition of the KATEK shares by Kontron AG, KATEK continues its success story with Kontron.

EQS-News: Kontron AG with a strong year as a pure IoT player

Retrieved on:

Wednesday, April 10, 2024

EUR, Growth, Internet of things, Internet, Kontron, Sale, Acquisition, Bsquare, Lithium

Linz, 28.03.2024: Kontron AG, the leader in Internet of Things (IoT) solutions, today published its strong financial performance for the fiscal year 2023.

Key Points:

Linz, 28.03.2024: Kontron AG, the leader in Internet of Things (IoT) solutions, today published its strong financial performance for the fiscal year 2023.
This period marked another record year in Kontron's history, showcasing financial growth and a strategic shift towards IoT.
Revenues totaled EUR 1,226 million in 2023, which was 15.3% higher than the previous year (2022: EUR 1,064 million).
“2023 was a great year for Kontron, and 2024 will be even better,“ said Hannes Niederhauser, CEO of Kontron AG.

EQS-News: KATEK SE: Mission accomplished - KATEK continues to grow strongly in 2023, realizes strongest year in the company's history in terms of earnings and cash flow and meets all forecasts

Retrieved on:

Thursday, February 15, 2024

Kontron, Acquisition, Internet of things, Growth, Electronics, EUR, Software, Partnership, Airline

KATEK SE: Mission accomplished - KATEK continues to grow strongly in 2023, realizes strongest year in the company's history in terms of earnings and cash flow and meets all forecasts

Key Points:

KATEK SE: Mission accomplished - KATEK continues to grow strongly in 2023, realizes strongest year in the company's history in terms of earnings and cash flow and meets all forecasts
The issuer is solely responsible for the content of this announcement.
Mission accomplished - KATEK continues to grow strongly in 2023, realizes strongest year in the company's history in terms of earnings and cash flow and meets all forecasts
Munich, February 15, 2024 - According to preliminary figures, KATEK SE continued its strong growth in the 2023 financial year and achieved a new record result.
The significant improvement in gross margins in the second half of 2023 underlines the effectiveness of the strategic measures.
The connection with Kontron opens new growth opportunities for KATEK through the integration of high-quality electronic systems and products, including software, in promising markets.

EQS-News: Guidance 2024: Kontron expects another sharp increase in net profit to over EUR 87 million in 2024

Retrieved on:

Wednesday, January 17, 2024

Book, Kontron, Annual report, Annual, EUR, Internet of things, Growth

Linz, 15 January 2024 - Kontron expects a significant increase in net profit to over EUR 87 million in 2024.

Key Points:

Linz, 15 January 2024 - Kontron expects a significant increase in net profit to over EUR 87 million in 2024.
This represents an additional increase of 20 percent compared to the most recent guidance for 2023, which was twice revised upwards.
The guidance was already raised twice in the 2023 financial year and Kontron once again expects to have surpassed its targets.
So, we are convinced that the 2024 financial year will be another very good year for Kontron.”

Smart Energy Market size to increase by USD 7.26 billion from 2023 to 2028, ABB Ltd., Cisco Systems Inc., Delta Electronics Inc., and more among key companies - Technavio

Retrieved on:

Friday, January 5, 2024

NEW YORK, Jan. 5, 2024 /PRNewswire/ -- The smart energy market size is expected to grow by USD 7.26 billion from 2023 to 2028.

Key Points:

NEW YORK, Jan. 5, 2024 /PRNewswire/ -- The smart energy market size is expected to grow by USD 7.26 billion from 2023 to 2028.
In addition, the growth momentum of the market will progress at a CAGR of 19.1% during the forecast period, according to Technavio.
The rising adoption of smart grid technologies is notably driving the smart energy market.
However, factors such as intermittency in solar energy may impede market growth.

Kontron Announces the Development of a COM-HPC Mini Module

Retrieved on:

Wednesday, November 15, 2023

Kontron , a leading global provider of IoT/Embedded Computer Technology (ECT), announces the development of a COM-HPC Mini module based on the COM-HPC 1.2 specification approved by PICMG on 6 October 2023.

Key Points:

Kontron , a leading global provider of IoT/Embedded Computer Technology (ECT), announces the development of a COM-HPC Mini module based on the COM-HPC 1.2 specification approved by PICMG on 6 October 2023.
With the ratification of the COM-HPC 1.2 specification to COM-HPC Mini, PICMG has significantly extended the high-performance standard.
The COM-HPC Mini module measures only 95 mm x 70 mm and thus complements the COM-HPC standard with a more compact format compared to the COM-HPC client and server formats.
"COM-HPC Mini enables the integration of ultra-high-performance COMs in the smallest application areas.

KONTRON AND BSQUARE ANNOUNCE SUCCESSFUL COMPLETION OF TENDER OFFER

Retrieved on:

Thursday, December 7, 2023

Sub, Acquisition, Model Business Corporation Act, DLA Piper, Broadridge Financial Solutions, BSQR, Eastern Time Zone, Barnes & Thornburg, Security (finance), Bsquare, Kontron, Share (finance)

The Offer expired at one minute after 11:59 p.m., Eastern Time, on December 6, 2023 and was not extended (such date and time, the "Expiration Time").

Key Points:

The Offer expired at one minute after 11:59 p.m., Eastern Time, on December 6, 2023 and was not extended (such date and time, the "Expiration Time").
Merger Sub will promptly accept for payment, and will promptly pay for, all Shares validly tendered and not validly withdrawn in the Offer.
As a result of the Offer and the merger, Bsquare will become a wholly-owned, indirect subsidiary of Kontron and Bsquare common stock will cease trading on NASDAQ.
Telegraph Hill BD LLC, the broker-dealer subsidiary of Telegraph Hill Advisors, LLC, is acting as financial advisor to Bsquare.

KONTRON AND BSQUARE URGE SHAREHOLDERS TO TENDER AS SOON AS POSSIBLE

Retrieved on:

Thursday, November 30, 2023

Offer, DLA Piper, Tripura Merger Agreement, Agreement, BSQR, Plan, Barnes & Thornburg, Real estate, Bsquare, Kontron, Mergers and acquisitions

While the tender deadline is the end of the day on December 6, 2023, many retail brokers have an earlier deadline for shareholders to instruct the broker to tender their Shares.

Key Points:

While the tender deadline is the end of the day on December 6, 2023, many retail brokers have an earlier deadline for shareholders to instruct the broker to tender their Shares.
For your broker to have time to tender Shares on your behalf, it may have internal deadlines as soon as this Friday, December 1, 2023.
Please contact your broker to understand and complete its required process for tendering your Shares as soon as possible.
Bsquare reminds you that its Board of Directors has recommend that Bsquare shareholders accept the Offer and tender their Shares in the Offer.

KONTRON AND BSQUARE ANNOUNCE EXTENSION OF TENDER OFFER FOR ALL OUTSTANDING SHARES OF BSQUARE

Retrieved on:

Wednesday, November 22, 2023

Tripura Merger Agreement, DLA Piper, Exercise, Agreement, BSQR, Eastern Time Zone, Broadridge Financial Solutions, Plan, Barnes & Thornburg, Airline, Bsquare, Kontron, Mergers and acquisitions

Except for the extension of the Offer, all other terms and conditions of the Offer remain unchanged.

Key Points:

Except for the extension of the Offer, all other terms and conditions of the Offer remain unchanged.
Holders that have previously tendered their Shares do not need to re-tender their Shares or take any other action in response to this extension of the Offer.
The Offer is being extended in order to allow additional time for shareholders of Bsquare to tender their Shares and for Shares tendered by notice of guaranteed delivery to be received to meet this minimum tender condition.
The parties do not expect to require additional time for the fulfillment of any other conditions of the Offer.