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München (ots Ad hoc-Service) - Record figures in the first quarter / turnover increases to 20.2 m. Euro / 2.25 m. Euro increase / order position much better than expected / expected turnover for yr 2000 increases to 92 m. Euro
Kontron Embedded Computers AG, listed on the new Frankfurt stock exchange since 6th April this year, has achieved a record turnover of 20.2 m. Euro in the first quarter of 2000. In comparison with the same period of last year (6.3 m. Euro), the company has more than tripled its revenue. At 21.7 m. Euro, new orders were 8 percent above the quarterly turnover. The earnings before tax (EBT) amounted to 2.64 m. Euro and has quadrupled in comparison to the same quarter last year (0.63 m. Euro). At 2.25 m. Euro, the surplus for this quarter represents 11 percent of the turnover. The profit for each share in the first quarter is 0.19 Euro.
The main reason for this large increase is the boom in telecommunications, data communications and the internet. In the meantime, this sector represents 43 percent of the whole embedded computer market. In 1999, the Kontron Group devoted more than 70 percent of its development investment in this sector alone and, according to its own information, has achieved a technological advantage against the competition today of approximately six months, through its collaboration with Intel in particular.
In order to meet the rapidly growing volume of orders, Kontron Group also planned an extensive increase during the first quarter of 2000. New pick-and-place production lines have been installed at the Montreal and Munich sites with a total capacity to produce 200,000 embedded computers. Due to the healthy first quarter and the growth in turnover in the telecom/datacom sector, the Kontron Group board has increased the turnover prognosis for 2000 from 82.3 m. Euro to 92 m. Euro. This corresponds to an increase in turnover of 77 percent in comparison to the 50 m. Euro during the financial year 1999.
The stock exchange quotation brought another 107 m. Euro to the company which increased the capital ratio to more than 60 percent. "These resources are now fully available for the acquisition of competitors or technology start-ups" explained Niederhauser.
The market for embedded computers - 'invisible, computer-based brains' with integrated software for equipping instruments and plants with artificial intelligence - continues to be characterised all over the world by enormous growth rates. During 1999, the Kontron Group was able to establish itself successfully in this market as one of the top five suppliers of this product.
For further information: Investment matters: Dr. Udo Nimsdorf Sigrid Seidl Engel & Zimmermann AG Kontron Embedded Computers AG Agentur f.Wirtschaftskommunikation Oskar-von-Miller-Str.1, 85386 Eching Schloss Fußberg, Am Schlosspark 15, 82131 Gauting Tel: 08165/77643, Fax 08165/77219 Tel: 089-89 35 633, Fax: 089-89 39 84 29 Email: firstname.lastname@example.org Email:email@example.com
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