4.8 million ? EBITDA for Kontron and 3.9 million ? for JUMPtec
Strong operative cash flow: 3.9 million ? (JUMPtec) and 7.5 million ? (Kontron)
Kontron and JUMPtec merger successfully completed on 12. August
Kontron AG, which was registered in the trade register on 12. August and has been traded since 14. August on the Neuer Markt with the listing 605395, is publishing the financial figures of the predecessor companies: Kontron (listing 523990) turned over 91 million ? and JUMPtec (listing 609060) 42 million ? (previous year comparative period: 103 million ? Kontron and 39 million ? JUMPtec). The EBITDA is 4.8 million ? for Kontron and 3.9 million ? for JUMPtec (1. half of 2001: 13.2 million ? Kontron, 4.5 million ? JUMPtec). The period surplus for Kontron is ?1.4 million ? 1 million ? for JUMPtec. (1. half of 2001: 7.7 million ? Kontron, 1.1 million ? JUMPtec). The Kontron (old) result is affected negatively by non-cash effective reserves of 5 million ? for latent risks (mainly for the JUMPtec shares purchased prior to the merger). Operative cash flow developed very well, especially in the 2. quarter: JUMPtec achieved 2.5 million ? (1.quarter 1.4 million ?), Kontron (old) 5.8 million ? (1.quarter 1.7 million ?). Comparing the first six months of 2001 and 2002, the operative cash flow of both companies together increased from 2.5 million ? to 11.4 million ? (2002). ?New? Kontron can boast a cash balance of 50 million ? after having considerably reduced both companies? bank debts by 13 million ? to 34 million ?.
New Kontron aims to increase the EBITDA margin to 8 percent in the 4. quarter by means of a comprehensive efficiency program. Based on the increased order stock (92 million ? end of March to 95 million ? end of June), Kontron new is planning a turnover of 230 ? for the whole of 2002.
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