Kontron withdraws its guidance for 2016

Augsburg, Germany, July 15, 2016 – Kontron AG, a leading global provider of Embedded Computing Technology (ECT), announces that the revenue weakness encountered during the first half of the year is unlikely to be recovered during the second half considering the most recent forecast review that has just been completed. As a consequence, revenues, gross margin and adjusted EBIT margin are expected not to meet the 2016 guidance given earlier this year and Kontron also expects significant impairments regarding goodwill and capitalized development projects.

The Management board will initiate a further extensive program  in order to address the revenue development as well as counter measures on the cost side.

Kontron will provide further information with the publication of the Q2 results on July 26, 2016.

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About Kontron:

Kontron, a global leader in embedded computing technology and a pioneer in secure IoT platform solutions, provides a combined portfolio of hardware, middleware and services. With its leading-edge standard products and  customized  solutions, Kontron enables new technologies and applications across multiple industries.

As a result, customers benefit from accelerated time-to-market, reduced total cost of ownership, product longevity and the best overall application with the highest reliability in 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 more 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