Kontron (KOTRF.PK,KOTFY.PK) reported that its third quarter consolidated net profit after minority interests increased by 28.5% to 24.4 million euros from 19.0 million euros in the prior year.
EBITDA for the third quarter increased by 70.1% to 59.4 million euros from last year.
Quarterly revenue grew 44.9% year-over-year to 427.7 million euros.
Kontron confirmed its EBITDA target of 190 million euros in 2024 up by 50% compared to 2023. The high order backlog also ensures the continuation of the growth path into 2025.
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