Kontron Full Year 2024 Earnings: Misses Expectations

Kontron (ETR:SANT) Full Year 2024 Results

Key Financial Results

• Revenue: €1.72b (up 38% from FY 2023).
• Net income: €87.5m (up 16% from FY 2023).
• Profit margin: 5.1% (down from 6.0% in FY 2023). The decrease in margin was driven by higher expenses.
• EPS: €1.42 (up from €1.19 in FY 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Kontron Revenues and Earnings Miss Expectations

Revenue missed analyst estimates by 4.0%. Earnings per share (EPS) also missed analyst estimates by 1.1%.

The primary driver behind last 12 months revenue was the Europe segment contributing a total revenue of €1.16b (67% of total revenue). Notably, cost of sales worth €991.1m amounted to 57% of total revenue thereby underscoring the impact on earnings. The largest operating expense was General & Administrative costs, amounting to €444.4m (69% of total expenses). Explore how SANT's revenue and expenses shape its earnings.

Looking ahead, revenue is forecast to grow 6.3% p.a. on average during the next 3 years, compared to a 6.4% growth forecast for the IT industry in Germany.

Performance of the German IT industry.

The company's shares are down 12% from a week ago.

Valuation

Our analysis of these results suggests Kontron may be undervalued based on 6 important criteria we look at. To explore our complete evaluation click here and get an understanding of what analysts are thinking about the company's future.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.