FX.co ★ Kontron Preliminary FY24 Operating Result To Exceed Forecast; Confident About FY25

Kontron AG has announced, following initial assessments for the recent financial year, that it is on track to meet its ambitious targets for fiscal 2024. The company anticipates an operating result, or EBITDA, to surpass last year's figures by over 50%, exceeding the projected 190 million euros. Revenue projections are expected to rise above 1.7 billion euros, marking an increase of over 40% compared to the previous year.

Looking ahead to 2025, Kontron forecasts notable organic revenue growth, projecting figures between 1.9 billion euros and 2.0 billion euros. The company also predicts even more robust growth in operating earnings, anticipating these to reach at least 220 million euros.