Slide 1: Q3 2024 Results
Q3 2024 Results November 6th 2024
Slide 2: Kontron: Q3 Results & Company Highlights
Kontron: Q3 Results & Company Highlights Results Highlights Company Highlights › Strong improvement in EBITDA › Strong improvement in GM to from EUR 34.9m to EUR 59.4m 44.7% / leap in technologies New products in 24 on market: › Solid revenue growth by 44.9% K-OS, K-Grid, NIS2 compatible and 6.2% or
Slide 3: KPIs Q3 2024
KPIs Q3 2024 Revenues EBITDA Net Result after NCI (in EUR m) (in EUR m) (in EUR m) + 44.9% + 70.1% 30 Cent EPS + 30.0% 39 Cent 427.7 59.4 24.4 295.1 19.0 34.9 Q3 2023 | Q3 2024 Q3 2023 | Q3 2024 Q3 2023 | Q3 2024 Adjustment of H1 23 revenues due to changed assessment of principal/agent status Order
Slide 4: KPIs 9M 2024
KPIs 9M 2024 Revenues EBITDA Net Result after NCI (in EUR m) (in EUR m) (in EUR m) + 44.7% + 47.5% 86 Cent EPS + 17.4% 101 Cent 1,207.7 141.4 62.3 54.6 834.4 95.9 9M 2023 | 9M 2024 9M 2023 | 9M 2024 9M 2023 | 9M 2024 Adjustment of H1 23 revenues due to changed assessment of principal/agent status Or
Slide 5: Kontron Group Balance Sheet
Kontron Group Balance Sheet Equity and liquidity very strong in EUR m 30.09.2024 31.12.2023 in EUR m 30.09.2024 31.12.2023 NON-CURRENT ASSETS 708,3 492,5 EQUITY 616,2 604,0 Tangible assets 217,6 110,4 Accumulated results 494,3 462,8 Intangible assets 148,4 102,4 as of treasury shares -50,1 -43,0 Goo
Slide 6: Additional disclosures
Additional disclosures Q3 2024 Organic growth Q3-2024 Q3-2023 Katek share in Q3 results Kontron Katek share Reported revenues 427.7 295.1 In EUR m Q3/24 Q3/24 Acquired companies in Q3-2024 -125.8 Reported revenues 427.7 120.7 Gross margin (in %) 44.7% 40.1% Divestments of Q3-2023 -10.8 EBITDA 59.4 1
Slide 7: Massive design win volume increases to EUR 6.22bn
Massive design win volume increases to EUR 6.22bn Backlog rose to EUR 2.06bn driven by great order intake Design Wins (in EUR bn) 6.22 4.10 3.41 2.97 2.35 2020 2021 2022 2023 Q3-24 Backlog (in EUR bn) 2.06 1.69 1.46 1.16 0.93 2020 2021 2022 2023 Q3-24 7
Slide 8: Europe: Strong growth in industrial IoT technology
Europe: Strong growth in industrial IoT technology Revenue & EBITDA* Backlog Segment trend Bu 2024: 1,018m Bu 2024: 92m › Common IoT products 851.5 › Represents 44% of group EBITDA (9M 2024) 68.4 › Growth driven by smart factories and reshoring to Europe 718.0 62.2 › Long term healthy customer relat
Slide 9: Global: Back to normal profitability
Global: Back to normal profitability Sales channel to sell European technology Revenue & Segment trend EBITDA* Backlog › Equal 14% of Kontron’s revenues (9% of EBITDA), incl. defense 20% › Expand to 25% (33%) in the next 4 years Bu 2024: 284m Bu 2024: 22m › Sales/Support channel for the complete Kon
Slide 10: Software + Solutions: Fast growing
Software + Solutions: Fast growing Biggest EBITDA contributor 2024, just started in 2020 Revenue & Segment trend EBITDA* Backlog › Offer unique IoT technology for special vertical markets (low competition) Bu 2024: 571m Bu 2024: 74m › 47% of group EBITDA and > 50% of recurring revenues and SLAs (up
Slide 11: Update on Katek integration
Update on Katek integration Business Integration Efficiency Improvements Achievements KPIs Achievements ✓ EUR 200m of low margin EMS biz terminated ✓ 446 FTEs reduced ytd 2024 ✓ Gross margin up to 40.1% in 2024 vs 32.5% in 2023 ✓ EUR 6.2m termination and M&A costs absorbed Q1-Q3 ✓ 11.8% of EBITDA in
Slide 12: Unique segment IoT solutions for special applications
Unique segment IoT solutions for special applications High-speed trains Defense & Aerospace Charger for eCars Solar + Energy mgmt Market EU: increase 11k -> 30k km of Global increase in defense EU permits only eCars 2035, After hype in 2023 market is in a high speed lines by 2030 budgets Recently le
Slide 13: Mega technology drivers
Mega technology drivers Kontron has >3,000 experienced engineers = #1 brainpower in IoT Mega technologies for IoT end devices Partnerships for IoT grids + end devices K-OS Software for IoT devices Qualcomm › Current IoT networks do not comply to NIS2 requirements › Joint development for 5G/6G/FRMCS
Slide 14: History and 2024 forecast
History and 2024 forecast Continuous strong growth – another leap in 2024 expected 2,000 200 1,500 150 Guidance Y-o-y divest IT (in EUR million) 2024 growth 1,000 100 Revenue 1,800 ~50% 500 50 EBITDA 190 50% 0 0 2017 2018 2019 2020 2021 2022 2023 2024E Net Income* 100 33% Revenue (left scale) Backlo
Slide 15: Q&A
Q&A
Slide 16: Disclaimer
Disclaimer This document includes 'forward-looking statements'. Forward-looking statements are all statements, which do not describe facts of the past, but containing the words "believe", "estimate", "expect", "anticipate", "assume", "plan", "intend", "could", and words of similar meaning. These for