Key Developments: Kontron AG (KBCG.DE)

KBCG.DE on Xetra

15 Aug 2014
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Latest Key Developments (Source: Significant Developments)

Kontron AG to establish medical competence centre in Augsburg
Thursday, 24 Jul 2014 10:48am EDT 

Kontron AG:Says is to establish dedicated medical competence centre at its new Technology Campus in Augsburg.Consolidates and expands its medical expert team, merging professionals from all parts of value chain, including system development, validation, certification and production.Says centre to be operational before end of 2014.  Full Article

Kontron AG appoints Michael Boy chief financial officer
Tuesday, 20 May 2014 12:03pm EDT 

Kontron AG:Appoints Michael Boy chief financial officer effective June 16.  Full Article

Kontron AG gives FY 2014 and FY 2016 outlook
Tuesday, 25 Mar 2014 01:50am EDT 

Kontron AG:Says positive operating margin (EBIT margin) should be attained in FY 2014 - adjusted for one-off effects from the restructuring.Plans revenues of 450 to 470 million euros for continuing divisions for FY 2014.Says gross profit margin of more than 25 pct should be achieved in FY 2014.Aims to achieve sales level of at least 550 million euros for continuing operations at gross profit margin of more than 25 pct and operating margin (once again adjusted for one-off effects) of more than 6 pct in FY 2016.  Full Article

Kontron AG sells stake in ubitronix system solutions GmbH and plans sale of its RTSoft share
Thursday, 20 Mar 2014 02:06pm EDT 

Kontron AG:Sells its stake in ubitronix system solutions GmbH.Plans also to dispose of its share in Affair 000 with its further Russian participations RTSoft Project, RTSoft ZAO and Training Center RTSoft.Is already engaged in concrete sales negotiations and expects to conclude sale during summer of this year.In 2013, ubitronix and RTSoft accounted for approximately 80 million euros, representing about 15 pct of Kontron AG's total revenues.Two participations focus mainly on specific and comprehensive project services in the energy/power sector.These areas of activity are outside of Kontron AG's immediate core business.40 pct share in ubitronix, which Kontron had acquired in July 2010, was sold to management of the company in the context of a management buy-out.Parties agreed to maintain confidentiality on purchase price.  Full Article

Kontron AG announces resignation of CFO
Tuesday, 3 Dec 2013 02:28am EST 

Kontron AG:Says Andrea Bauer, Chief Financial Officer since Sep. 16, will leave the company amicably and by mutual consent on Dec. 31.Says Gerhard Klingele who has acted as Kontron's interim CFO in the past, will again do so on an interim basis.  Full Article

Kontron AG Confirms FY 2013 Guidance
Thursday, 24 Oct 2013 12:38am EDT 

Kontron AG announced that it still expects its fiscal year 2013 revenue of between EUR 510 million and EUR 530 million with gross profit and operating earnings to come in at around the previous fiscal year's 2012 level. According to I/B/E/S Estimates, analysts on average are expecting the Company to report fiscal year 2013 revenue of EUR 512.34 million.  Full Article

Kontron AG Plans Reorganization
Wednesday, 24 Jul 2013 03:12am EDT 

Kontron AG announced that its Executive Board and Supervisory Board of Kontron AG have agreed specific measures with regard to the Company's cost reduction program. Kontron AG intends to lower its cost base by EUR 40 million per annum from 2016. In this context, Kontron's management has decided to consolidate a number of sites. Particularly in Germany, it is planned to concentrate and build up business activities at Kontron's location in Augsburg, where the Company intends to create a technology hub with superior innovation capabilities. In accordance with legal co-determination requirements, Kontron's Executive Board will start talks with employee representatives immediately. The Executive Board expects the implementation of all planned measures to trigger one-off costs of EUR 30 million to EUR 35 million until the end of 2014.  Full Article

Kontron AG's Chief Financial Officer Resigns
Tuesday, 16 Apr 2013 12:57pm EDT 

Kontron AG announced that its Chief Financial Officer (CFO), Dr. Juergen Kaiser-Gerwens has decided to leave the Company for personal and professional reasons, effective as of June 30, 2013.  Full Article

Kontron AG to Issue FY 2012 Dividend
Thursday, 21 Mar 2013 01:33am EDT 

Kontron AG announced that its Supervisory Board has proposed to pay a fiscal year 2012 dividend of EUR 0.04 per share. For the fiscal year 2011, the Company issued a dividend of EUR 0.20 per share.  Full Article

Kontron AG to Appoint New Chief Executive Officer
Monday, 19 Nov 2012 09:31am EST 

Kontron AG announced that its Chief Executive Officer (CEO), Mr. Ulrich Gehrmann, will resign from the Board of Kontron AG on December 31, 2012. Successor of Mr. Gehrmann as new CEO will be Mr. Rolf Schwirz. The Supervisory Board will appoint Mr. Schwirz to a Member of the Management Board as of December 1, 2012 and as the new CEO of Kontron AG effective January 1, 2013.  Full Article

BRIEF-Kontron to establish medical competence centre in Augsburg

July 24 - Kontron AG : * Says Kontron AG to establish medical competence centre in augsburg Source text for Eikon:

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