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DGAP-Adhoc: Kontron expects sustained upturn in 2011

30.03.2011
Kontron AG / Key word(s): Final Results 30.03.2011 06:36 Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted by DGAP - a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. =-------------------------------------------------------------------------- * First-quarter revenue expected to be up by around 30 percent to more than EUR 120 million * 2011 target EBIT margin of 8 to 9 percent * FY 2010: revenue growth to EUR 509.5 million; EBIT at EUR -5.8 million burdened by risk provision and restructuring; positive operating cash flow and net cash position Eching, Munich, March 30, 2011. In view of positive business trends, Kontron AG expects 2011 first-quarter revenue to grow by around 30 percent year-on-year to more than EUR 120 million (previous-year period: EUR 97.7 million). With a look to the full year, Kontron anticipates a revenue increase up to EUR 550 million with an target EBIT margin of 8 to 9 percent. In the 2010 financial year, continuous quarterly revenue growth fed through to a full-year revenue total of EUR 509.5 million, compared with EUR 468.9 million in 2009. A new quarterly revenue record was achieved in the fourth quarter at EUR 162.8 million (+20 percent compared with the prior-year period). Write-downs and other operating expenses were necessary due to the suspected fraud case. These write-downs and other operating expenses burdened EBIT to the tune of EUR 33.8 million. EBIT would otherwise have amounted to about EUR 28 million, compared with EUR -5.8 million following the write-down. Further items burdening EBIT included EUR 3.1 million of restructuring expenses in North America and Europe. Kontron AG's operating cash flow amounted to EUR 16.2 million in 2010, compared with EUR 23.9 million in the previous year. The cash position totaled EUR 57.2 million (previous year: EUR 80.2 million), and the net cash position amounted to EUR 11.7 million at the year-end. Total assets stood at EUR 515.6 million, compared with EUR 461.3 million in the previous year. The equity ratio stood at 62.2 percent. The company employed 2,892 staff as of the year-end. Investor Relations: For further information: Gaby Moldan Dr. Udo Nimsdorf / Florian Bergmann Kontron AG Engel & Zimmermann AG Oskar-von-Miller-Str. 1, Agentur für Wirtschaftskommunikation D-85386 Eching Schloss Fußberg, Am Schlosspark 15, Tel: +49 (0)8165/77212, Fax +49 (0)8165/77222 D-82131 Gauting Tel: +49 (0)89-89 35 633, Fax: +49 (0)89-89 39 84 29 Email: Gaby.Moldan@kontron.com Email: f.bergmann@engel-zimmermann.de 30.03.2011 DGAP's Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de =-------------------------------------------------------------------------- Language: English Company: Kontron AG Oskar-von-Miller-Str. 1 85386 Eching Deutschland Phone: 08165-77-225 Fax: 08165-77-222 E-mail: martin.przybyla@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 Announcement DGAP News-Service =--------------------------------------------------------------------------

Kontron AG / Key word(s): Final Results 30.03.2011 06:36 Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted by DGAP - a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. =-------------------------------------------------------------------------- * First-quarter revenue expected to be up by around 30 percent to more than EUR 120 million * 2011 target EBIT margin of 8 to 9 percent * FY 2010: revenue growth to EUR 509.5 million; EBIT at EUR -5.8 million burdened by risk provision and restructuring; positive operating cash flow and net cash position Eching, Munich, March 30, 2011. In view of positive business trends, Kontron AG expects 2011 first-quarter revenue to grow by around 30 percent year-on-year to more than EUR 120 million (previous-year period: EUR 97.7 million). With a look to the full year, Kontron anticipates a revenue increase up to EUR 550 million with an target EBIT margin of 8 to 9 percent. In the 2010 financial year, continuous quarterly revenue growth fed through to a full-year revenue total of EUR 509.5 million, compared with EUR 468.9 million in 2009. A new quarterly revenue record was achieved in the fourth quarter at EUR 162.8 million (+20 percent compared with the prior-year period). Write-downs and other operating expenses were necessary due to the suspected fraud case. These write-downs and other operating expenses burdened EBIT to the tune of EUR 33.8 million. EBIT would otherwise have amounted to about EUR 28 million, compared with EUR -5.8 million following the write-down. Further items burdening EBIT included EUR 3.1 million of restructuring expenses in North America and Europe. Kontron AG's operating cash flow amounted to EUR 16.2 million in 2010, compared with EUR 23.9 million in the previous year. The cash position totaled EUR 57.2 million (previous year: EUR 80.2 million), and the net cash position amounted to EUR 11.7 million at the year-end. Total assets stood at EUR 515.6 million, compared with EUR 461.3 million in the previous year. The equity ratio stood at 62.2 percent. The company employed 2,892 staff as of the year-end. Investor Relations: For further information: Gaby Moldan Dr. Udo Nimsdorf / Florian Bergmann Kontron AG Engel & Zimmermann AG Oskar-von-Miller-Str. 1, Agentur für Wirtschaftskommunikation D-85386 Eching Schloss Fußberg, Am Schlosspark 15, Tel: +49 (0)8165/77212, Fax +49 (0)8165/77222 D-82131 Gauting Tel: +49 (0)89-89 35 633, Fax: +49 (0)89-89 39 84 29 Email: Gaby.Moldan@kontron.com Email: f.bergmann@engel-zimmermann.de 30.03.2011 DGAP's Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de =-------------------------------------------------------------------------- Language: English Company: Kontron AG Oskar-von-Miller-Str. 1 85386 Eching Deutschland Phone: 08165-77-225 Fax: 08165-77-222 E-mail: martin.przybyla@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 Announcement DGAP News-Service =--------------------------------------------------------------------------

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