Kontron AG / AT0000A0E9W5
04.09.2024 - 07:30:05Kontron extends its market leadership in mission-critical communication systems for the railway industry
| Kontron AG / Key word(s): Incoming Orders 04.09.2024 / 07:30 CET/CEST The issuer is solely responsible for the content of this announcement. Vienna, Austria, September 4, 2024 – Kontron is experiencing a surge in demand for its cutting-edge transportation solutions. The company has already received orders in the triple-digit millions in 2024 and has further expanded its position as the global market leader for mission-critical communication systems in the railway industry. Kontron Transportation capitalised on the growth in the railway infrastructure sector, particularly in its home market of Austria as well as in France, Ireland, the UK, the Czech Republic, Spain and, most recently, Slovenia. The company already achieved significant gains in 2024. The copany currently supplies customers in over 25 countries – mainly in Europe – with end-to-end communication solutions for mission-critical and security-critical networks. „We are delighted with the remarkable results. This success is the direct result of our team's high level of commitment, a consistent focus on the needs of our customers and our relentless pursuit of innovation,“ states Richard Neussl, Managing Director of Kontron Transportation. In terms of future development, Kontron Transportation is focused on the development of the Future Railway Mobile Communication System (FRMCS) as the new standard for 5G-based railway communication in Europe and the promotion of future communication standards. With products that can be used before FRMCS is finalised, Kontron is ideally positioned to enable existing and new customers to migrate seamlessly from the existing GSM-R system to the new FRMCS system. The trend towards IoT data networks continues unabated for the Kontron Group as a whole, with incoming orders of around EUR 920 million in the first half of 2024 compared to EUR 780 million in revenues in 2024. The company plans to increase EBITDA by 50% to EUR 190 million in 2024. About Kontron Transportation a spart of the Kontron Group Kontron Transportation GmbH is a global leading supplier of end-to-end communication solutions for mission-critical networks. The core customer segment is railways throughout Europe and beyond. The focus is on systems that produce, transport, and process voice, data, and video information reliably, securely, efficiently, and sustainably. This includes GSM-Railways, FRMCS (future railway mobile communication system), MCx (mission-critical over public networks) with IWF (interworking functions), enhanced radio solutions and radio access networks, transmission networks, private cloud platforms and cybersecurity concepts round off the portfolio. This portfolio also offers selected communication products to utilities and enterprises. In addition, specific mobility products such as validators and fare collection systems are provided to public transport operators. As a driving force in the definition and specification of FRMCS standards, Kontron Transportation is significantly involved in standardization working groups and European research projects such as Morane 2. The company has more than 700 employees, 11 sites all over Europe and is headquartered in Vienna. Kontron Transportation is part of Kontron Group. Follow Kontron Transportation: Kontron Transportation on LinkedIn Kontron Transportation on Facebook Kontron Transportation on Instagram Media Contacts Susanne Schalek Kontron Transportation GmbH M: +43 664 601 911 880 susanne.schalek@kontron.com Alexandra Kentros Kontron AG M: +49 151 151 93881 group-pr@kontron.com Leon-Philipp Kleiss Kontron AG M: +43 732 7664 153 leon-philipp.kleiss@kontron.com All rights reserved. Kontron is a trademark or registered trademark of Kontron Europe GmbH. All other brand or product names are trademarks or registered trademarks or copyrights by their respective owners and are recognized. All data is for information purposes only and not guaranteed for legal purposes. Subject to change without notice. Information in this press release has been carefully checked and is believed to be accurate; however, no responsibility is assumed for inaccuracies. 04.09.2024 CET/CEST Dissemination of a Corporate News, transmitted by EQS News - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement. The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.eqs-news.com |
| Language: | English |
| Company: | Kontron AG |
| Industriezeile 35 | |
| 4020 Linz | |
| Austria | |
| Phone: | +43 (732) 7664 - 0 |
| E-mail: | ir@kontron.com |
| Internet: | https://www.kontron.com |
| ISIN: | AT0000A0E9W5 |
| WKN: | A0X9EJ |
| Indices: | SDAX |
| Listed: | Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate Exchange; BX, Vienna Stock Exchange (Vienna MTF) |
| EQS News ID: | 1980887 |
| End of News | EQS News Service |
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