Business
Kontron AG with Q1 results
Kontron AG with Q1
About this update from Kontron Ag
EQS-News: Kontron AG / Key word(s): Quarter Results Kontron AG with Q1 results 07.05.2026 / 07:00 CET/CEST The issuer is solely responsible for the content of this announcement.Revenues of EUR 363.7 million (PY: EUR 357.5 million adjusted) Adjusted EBITDA EUR 46.1 million (PY: 45.3 million) Order backlog rises to EUR 2,544 million (PY: EUR 2,187 million)Linz, May 7, 2026 – Kontron, a leading global provider of IoT technology, today published its results for the first quarter of 2026. Kontron increased sales on a comparable basis by 1.7% to EUR 363.7 million in the first quarter of 2026. The previous year's figure, adjusted for the deconsolidation of the COM business (EUR 19.4 million) and the sales of the IT services business in Hungary and Bulgaria (EUR 8.6 million), was EUR 357.5 million. The Aerospace & Defense and Transportation divisions developed particularly dynamically, benefiting from increasing investments in infrastructure and defense, growing by 27.8% (Transportation) and 25.2% (Defense) compared to Q1 2025. Operating profit on a comparable basis amounted to EUR 46.1 million (reported: EUR 37.6 million) in the first quarter of 2026, compared to a prior-year figure of EUR 45.3 million (reported: EUR 48.0 million). EBITDA was impacted by restructuring expenses of EUR 8.5 million for the reduction of 339 employees. Adjusted net income after minority interests amounted to EUR 20.0 million in the first quarter of 2026 (reported: EUR 14.0 million) (PY: reported EUR 20.1 million). Kontron is driving forward the strategic realignment of the Group. In the first quarter, 56% of all development expenditure was carried out in Software + Solutions, and 66% of all employees are now employed in this area. Kontron is the technology leader in key technologies such as VPX (defense), FRMCS (train traffic) or AI Cybersecurity. A comprehensive restructuring program was initiated in the GreenTec division. A total of 500 jobs will be cut by August 2026, saving more than EUR 30 million in costs annually. The negative one-off effect is expected to amount to EUR 25 million in total. The aim is to sustainably improve profitability through high-margin growth areas. Operating cash flow amounted to minus EUR 9.1 million in the first quarter (PY: EUR 2.8 million) and reflects in particular the temporary build-up of inventories in the wake of the supply chain distortions...