Eching, Munich, April 28, 2008. Kontron AG continued its profitable growth path in the first quarter of 2008, generating EUR 105.9 million of
sales. This represents nominal growth of over 10 percent compared with the same period of the previous year (EUR 95.9 million). When adjusted
for exchange-rate losses precipitated by the sharp decline in the US dollar, organic growth was around 20 percent. Kontron is consequently
the company reporting the fastest rate of organic growth in the embedded computer sector. Particularly strong drivers of growth in the
first quarter were once again Europe and the emerging markets, including Russia and China. While the disposal of the mobile product
area had an impact on revenue growth in the United States, Kontron was unable to detect any decline due to the US financial crisis. We
achieved a further significant expansion of our profit margin, in line with the forecasts and targets we set for the 2008 financial year. Operating
earnings (EBIT) grew even by over 30 percent, rising from EUR 6.7 million in the first quarter of 2007 to EUR 8.7 million in the first quarter of
2008. First-quarter net income consequently rose from EUR 4.9 million to EUR 6.8 million.
Order backlog reached a record level of EUR 310 million, order income and design wins had a strong increase again.
Despite ongoing uncertainties in financial markets, the Management Board of Kontron AG assumes it will achieve the targets it set for 2008
of double-digit organic revenue growth, accompanied by an even faster rate of operational earnings growth, due to the good results in the first
quarter and the company's high degree of diversification in regional and vertical markets, as well as its breadth of technology.
85386 Eching ,
Tel: 08165/77212, Fax 08165/77222
For further information:
Dr. Udo Nimsdorf
Engel & Zimmermann AG
Agentur für Wirtschaftskommunikation
Am Schlosspark 15,
Tel. 089-89 35 633, Fax: 089-89 39 84 29
Email : email@example.com