DGAP-News: Kontron reports results for Q1/2013
(firmenpresse) - DGAP-News: Kontron AG / Key word(s): Quarter Results
Kontron reports results for Q1/2013
24.04.2013 / 06:34
---------------------------------------------------------------------»Revenues of EUR 121.7 million in challenging economic environment»Operating loss without one-offs of EUR -0.4 million»Positive operating cash flow of EUR 1.3 million
Eching near Munich, April 24, 2013 - Kontron AG, globally leading provider
of embedded computer technology (ECT), generated revenues of EUR 121.7
million in the first quarter of 2013 (Q1/2012: EUR 131.5 million), in an
economic environment that continued to be challenging. It should be noted
in this context that activities that have since been sold off contributed
EUR 5.1 million to consolidated revenue in Q1/2012. Like-for like,
therefore, the drop in revenue amounted to 3.7 percent.
Operating earnings before interest and tax (EBIT) and before one-offs fell
to EUR -0.4 million. Additionally, one-off costs of EUR 3.7 million were
incurred during the first quarter. These included e.g. costs in connection
with the implementation of the 'Shape' optimization program. Taking into
account these one-offs, Q1/2013 EBIT amounted to EUR -4.1 million. The EBIT
in the comparable quarter of 2012 (excluding EUR 3.8 million of positive
one-offs) was EUR 0.4 million.
Cash flow from operating activities amounted to EUR 1.3 million. With a EUR
9.3 million net cash position and an equity ratio of 62.2 percent, Kontron
can build on a solid financial basis to take advantage of the ECT market's
dynamic growth.
While the number of Design Wins shrank to 102 (Q1/2012: 122) or EUR 47.4
million, the book-to-bill ratio, an important indicator of medium-term
growth, improved from 1.01 in the previous year to 1.08.
Rolf Schwirz, Kontron's CEO, will discuss in detail the status of already
implemented reorganization initiatives as well as Kontron's short to
mid-term plans during the company's Capital Markets Day at its assembly
plant in Augsburg on 30 April 2013.
For further information:
Kontron AG
Gaby Moldan
Oskar-von-Miller Str. 1
D - 85386 Eching
Phone: +49 8165 77 212
Fax: +49 8165 77 222
e-mail: gaby.moldan(at)kontron.com
End of Corporate News
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Language: English
Company: Kontron AG
Oskar-von-Miller-Str. 1
85386 Eching
Germany
Phone: 08165-77-225
Fax: 08165-77-222
E-mail: gaby.moldan(at)kontron.com
Internet: www.kontron.com
ISIN: DE0006053952
WKN: 605395
Indices:TecDAX
Listed: Regulierter Markt in Frankfurt (Prime Standard);
Freiverkehr in Berlin, Düsseldorf, Hamburg, Hannover,
München, Stuttgart
End of News DGAP News-Service
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Datum: 24.04.2013 - 06:34 Uhr
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