Posted to News on 31st Mar 2007, 16:55
Kontron reports strong performance in 2006
In the 2006 financial year, Kontron AG, on a purely organic basis, realised a record rate of growth. The company generated revenue growth of 35 per cent, with a rise to EUR405million (2005: EUR300million), and an increase of 56 per cent in net profit to EUR25.7million (2005: EUR16.5 million). In the best year in the company's history, operating cash flow at the same time doubled nearly to EUR23.4million and the company's liquidity was up by EUR11million, resulting in a cash position of over EUR64million.
In terms of vertical markets, telecoms applications represented the largest proportion, with around 28 per cent, followed by automation with 19 per cent. Besides communications, strong growth drivers included mainly the gaming areas (15 per cent) and energy (12 per cent). Medical applications, in particular, experienced a strong upwards trend, and they already generate a 9 per cent share of total sales on the basis of 2006 figures.
