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Kontron AG (KBCG.DE)

KBCG.DE on Xetra

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17 Aug 2017
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Fri, May 5 2017

BRIEF-Kontron Q1 net result swings to profit of 0.15 million euros

* Q1 net result for period of 150 thousand euros marks a return to profit zone (Q1 16: net loss of 6.5 million euros)

BRIEF-S&T to increase capital due to planned Kontron merger

* Says decides increase of capital by way of contribution in kind due to planned Kontron ag merger

BRIEF-Kontron supervisory board approves conclusion of a merger agreement

* Supervisory board of Kontron AG approves conclusion of a merger agreement

BRIEF-Kontron completes capital increase

* Cashed in approx. 16.8 million euros ($18.25 million)(gross) from this capital increase

BRIEF-Kontron announces details of planned merger

* That Kontron and S&T Holding Deutschland are in advanced negotiations regarding conclusion of a merger agreement and assume notarisation of such agreement presumably on May 3

BRIEF-Kontron decides to increase its share capital by 10%

* Said on Thursday decided that the share capital of the company shall be increased from currently 55,683,024.00 euros by 5,568,301.00 euros to 61,251,325.00 euros ($65.23 million) against cash contributions

BRIEF-Kontron FY revenue fell 17.7 percent

* Revenues eur 385.1 million (-17.7 % on 2015: eur 467.7 million)

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