XTRA:KTNIT
Kontron (XTRA:KTN) Wins Rail Contracts, Is The Valuation Discount Too Wide?
Kontron (XTRA:KTN) has just secured several contracts for the Orient/East-Med Corridor, partnering with Hitachi Rail Romania. The agreement runs for 48 months and deepens its role in railway communications across Romania and Central and Eastern Europe.
These contracts arrive at a time when Kontron’s share price has softened, with the year to date share price return down 8.43% and the 1 year total shareholder return down 16.94%, even though the 3 year total shareholder return is up 21.88%...