The Linz-based technology group Kontron (formerly S&T) has recently earned more in its operational business than ever before after taking over the German electronics company Katek. Earnings before interest, taxes, depreciation and amortization (Ebitda) in the third quarter rose by 70 percent to 59.4 million euros compared to the same period last year, as the company listed on the German SDAX announced on Wednesday. According to the company, this was the highest value in the company’s history.
Katek acquired Kontron at the beginning of the year: 129 million euros were spent on the Munich company. In addition to charging technology for electric cars, this also develops control electronics for solar systems.
The bottom line is that the company earned 24.4 million euros after minorities – a good five million more than in the same period last year. With almost 428 million euros, Kontron’s sales were around 45 percent more between July and September this year.
For company boss Hannes Niederhauser, an operating result of around 190 million euros is still on the agenda this year. The manager sees his company on track for further growth in the new year.
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**Interview with Hannes Niederhauser, CEO of Kontron AG**
**Interviewer:** Thank you for joining us today, Hannes. Kontron has reported impressive growth in the first half of 2024, with revenue rising by 44.6%. What do you attribute this remarkable increase to?
**Hannes Niederhauser:** Thank you for having me. The growth we have experienced is largely due to our successful acquisition of Katek at the beginning of this year. The integration of their advanced technology, particularly in the electric vehicle and solar control electronics sectors, has significantly bolstered our operational capabilities.
**Interviewer:** Speaking of acquisitions, spending 129 million euros to acquire Katek is a significant investment. How do you see this impacting Kontron’s long-term strategy?
**Hannes Niederhauser:** The acquisition has positioned us as a leader in critical future technologies. By integrating Katek’s expertise into our operations, we can enhance our product offerings and expand our market reach. Looking ahead, we aim to leverage this integration to drive innovation and sustainability in our products, ensuring we meet the demands of emerging markets.
**Interviewer:** In your recent report, you mentioned an EBITDA increase of 70% in the third quarter alone. What are the key factors behind this incredible performance?
**Hannes Niederhauser:** The increase is primarily a result of our expanded operational efficiencies and heightened demand for our products. Our teams have worked diligently to streamline processes and maximize productivity, which has directly translated to better financial performance. Furthermore, our strategic focus on sectors such as electric vehicles, which are experiencing rapid growth, has significantly boosted our earnings.
**Interviewer:** You mentioned a target operating result of around 190 million euros for the year. What steps are being taken to ensure you meet this goal?
**Hannes Niederhauser:** We are committed to maintaining our growth trajectory through strategic investments in R&D and enhancing our production capabilities. Additionally, we will continue to capitalize on market demands and customer needs, ensuring we deliver high-quality, innovative solutions. Our teams are aligned and focused on executing our strategic plan effectively.
**Interviewer:** with the current growth, how do you see Kontron’s position in the tech industry evolving in the next few years?
**Hannes Niederhauser:** We are optimistic about the future. The technology sector is evolving rapidly, and we are at the forefront of these changes, especially in promising areas like renewable energy and electric mobility. With our recent acquisitions and our commitment to innovation, we aim to solidify our position as a pioneer in the tech industry and continue leading in sustainable and cutting-edge solutions.
**Interviewer:** Thank you for your insights, Hannes. It sounds like an exciting time for Kontron, and we look forward to seeing how you continue to drive growth in the coming years.
**Hannes Niederhauser:** Thank you! I’m excited about what lies ahead and appreciate the opportunity to share our vision.
