07.08.2022, 2429 Zeichen
Kontron: Technology group Kontron AG was able to increase revenues by 10.0% to Euro 660.7 mn in the first half of 2022, organic growth was as high as 10.4% after the partial withdrawal from Russia. EBITDA increased to 62.6 mn (PY: Euro 58.3 mn), already close to the current target for the EBITDA margin of 10%. Net profit increased by 23.0% up to Euro 12.8 mn in the second quarter (PY: Euro 10.4 n). Hannes Niederhauser, CEO Kontron AG: “Our order situation remains very good and the growth prospects in the IoT sector are excellent. This makes me optimistic that we will achieve our set goals. Without accounting for the planned sale of the IT services division, we still expect 12% organic growth to Euro 1,500 mn revenue in 2022, despite ongoing problems in the supply chains. Following the sale of the IT services division, we plan to replace the lost revenue with IoT revenues and expect revenues to increase to Euro 2,000 mn by 2025 with a significantly higher EBITDA margin target of 13%."
Erste Group: Andreas Bierwirth, the CEO of Deutsche Telekom’s Austrian subsidiary Magenta Telekom, will move to Erste Group as of 1 October 2022. In a first step, Bierwirth will assume responsibility for the retail banking business together with Erste Group CEO Willi Cernko. It is planned that after a familiarization period of several months and following the fit and proper assessment established by regulatory requirements, Andreas Bierwirth will be appointed to Erste Group's management board as Chief Retail Officer. In this role, Bierwirth will be responsible for managing the retail agendas of the entire banking group.
(From the 21st Austria weekly https://www.boerse-social.com/21staustria (04/08/2022)
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Kontron Japan office opened: logo sign unveiling by CEO Rolf Schwirz and Satoru Hayashi, General Manager in Japan Source: http://facebook.com/kontron
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Novomatic
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