09.06.2016 14:34:56
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DGAP-News: Kontron AG
DGAP-News: Kontron AG reports first progress with implementing its new strategy
After an adjustment had become necessary in October 2015, the company has achieved all its updated targets for the year. CEO Rolf Schwirz emphasised that, since his assumption of Kontron's leadership at the beginning of 2013, the business generated solid growth in all of its core areas, as well as raising profitability significantly. In addition, he reported initial successes at implementing the new strategy announced in May 2015: in order to take advantage of long-term trends such as the Internet of Things and Industry 4.0, Kontron is focusing on positioning itself as a combined middleware and hardware provider. The company has taken decisive steps towards the development of its first IoT platform. Also, its business in the growth region Asia has increased substantially and was strengthened further by the partnership with Ennoconn which was announced in January and finalized in April 2016. And finally, its sales organization, streamlined in April 2016, has boosted its effectiveness for selling standardized and customized products.
"We are closer to the end of our difficult transformation process", comments CEO Rolf Schwirz. "I am looking forward to another exciting period at Kontron".
Shareholders present at the AGM have approved the actions of the supervisory and management boards during 2015, and passed all proposed resolutions with large majorities.
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About Kontron Kontron, a global leader in embedded computing technology and trusted advisor in IoT, provides a complete and integrated portfolio of hardware, software and services. Kontron creates many of the standards that drive the world's embedded computing platforms, bringing to life numerous technologies and applications. The result is an accelerated time-to-market, reduced total-cost-of-ownership, product longevity and the best possible overall application with leading-edge, highest reliability embedded technology. Kontron is a listed company. Its shares are traded in the Prime Standard segment of the Frankfurt Stock Exchange and on other exchanges under the symbol "KBC". For more information, please visit: www.kontron.com
For further information:
Chari Lazaridis Head of Global Corporate Communications Kontron AG Tel: +49 (0) 821 4086 484 Chari.Lazaridis@kontron.com
Alexandra Habekost Head of Investor Relations Kontron AG Tel: +49 (0) 821 4086 114 Alexandra.Habekost@kontron.com
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09.06.2016 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement.
The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.de
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Language: English Company: Kontron AG Lise-Meitner-Straße 3-5 86156 Augsburg Germany Phone: 00498214086114 Fax: 00498214086122 E-mail: Alexandra.Habekost@kontron.com Internet: www.kontron.com ISIN: DE0006053952 WKN: 605395 Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart; Terminbörse EUREX End of News DGAP News Service ---------------------------------------------------------------------------
470551 09.06.2016
DGAP-News: Kontron AG / Key word(s): AGM/EGM
Kontron AG reports first progress with implementing its new strategy
09.06.2016 / 14:34
The issuer is solely responsible for the content of this announcement.
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Augsburg, Germany, June 9, 2016 - Kontron AG, a leading global provider of
Embedded Computing Technology (ECT), today gave testimony of its fiscal
year 2015 and reported first steps towards the implementation of its new
strategy.
After an adjustment had become necessary in October 2015, the company has achieved all its updated targets for the year. CEO Rolf Schwirz emphasised that, since his assumption of Kontron's leadership at the beginning of 2013, the business generated solid growth in all of its core areas, as well as raising profitability significantly. In addition, he reported initial successes at implementing the new strategy announced in May 2015: in order to take advantage of long-term trends such as the Internet of Things and Industry 4.0, Kontron is focusing on positioning itself as a combined middleware and hardware provider. The company has taken decisive steps towards the development of its first IoT platform. Also, its business in the growth region Asia has increased substantially and was strengthened further by the partnership with Ennoconn which was announced in January and finalized in April 2016. And finally, its sales organization, streamlined in April 2016, has boosted its effectiveness for selling standardized and customized products.
"We are closer to the end of our difficult transformation process", comments CEO Rolf Schwirz. "I am looking forward to another exciting period at Kontron".
Shareholders present at the AGM have approved the actions of the supervisory and management boards during 2015, and passed all proposed resolutions with large majorities.
###
About Kontron Kontron, a global leader in embedded computing technology and trusted advisor in IoT, provides a complete and integrated portfolio of hardware, software and services. Kontron creates many of the standards that drive the world's embedded computing platforms, bringing to life numerous technologies and applications. The result is an accelerated time-to-market, reduced total-cost-of-ownership, product longevity and the best possible overall application with leading-edge, highest reliability embedded technology. Kontron is a listed company. Its shares are traded in the Prime Standard segment of the Frankfurt Stock Exchange and on other exchanges under the symbol "KBC". For more information, please visit: www.kontron.com
For further information:
Chari Lazaridis Head of Global Corporate Communications Kontron AG Tel: +49 (0) 821 4086 484 Chari.Lazaridis@kontron.com
Alexandra Habekost Head of Investor Relations Kontron AG Tel: +49 (0) 821 4086 114 Alexandra.Habekost@kontron.com
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09.06.2016 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement.
The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.de
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Language: English Company: Kontron AG Lise-Meitner-Straße 3-5 86156 Augsburg Germany Phone: 00498214086114 Fax: 00498214086122 E-mail: Alexandra.Habekost@kontron.com Internet: www.kontron.com ISIN: DE0006053952 WKN: 605395 Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart; Terminbörse EUREX End of News DGAP News Service ---------------------------------------------------------------------------
470551 09.06.2016

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