Kontron AG reports first progress with implementing its new strategy

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.
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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