DGAP-Ad hoc: Kontron AG

DGAP-Adhoc: Kontron withdraws its guidance for 2016

Kontron AG / Key word(s): Forecast

15.07.2016 07:51

Disclosure of an inside information according to Article 17 MAR, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement.

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Augsburg, Germany, July 15, 2016 - Kontron AG, a leading global provider of Embedded Computing Technology (ECT), announces that the revenue weakness encountered during the first half of the year is unlikely to be recovered during the second half considering the most recent forecast review that has just been completed. As a consequence, revenues, gross margin and adjusted EBIT margin are expected not to meet the 2016 guidance given earlier this year and Kontron also expects significant impairments regarding goodwill and capitalized development projects.

The Managemement board will initiate a further extensive program in order to address the revenue development as well as counter measures on the cost side.

Kontron will provide further information with the publication of the Q2 results on July 26, 2016.

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About Kontron: Kontron, a global leader in embedded computing technology and a pioneer in secure IoT platform solutions, provides a combined portfolio of hardware, middleware and services. With its leading-edge standard products and customized solutions, Kontron enables new technologies and applications across multiple industries. As a result, customers benefit from accelerated time-to-market, reduced total cost of ownership, product longevity and the best overall application with the highest reliability in embedded technology. Kontron is a listed company. Its shares are traded in the Prime Standard segment of the Frankfurt Stock Exchange and on other exchanges under the symbol "KBC". For more information, please visit: www.kontron.com

For more information:

Chari Lazaridis Head of Global Corporate Communications Kontron AG Tel: +49 (0) 821 4086 484 Chari.Lazaridis@kontron.com

Alexandra Habekost Head of Investor Relations Kontron AG Tel: +49 (0) 821 4086 114 Alexandra.Habekost@kontron.com

15.07.2016 The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.de

--------------------------------------------------------------------------- Language: English Company: Kontron AG Lise-Meitner-Straße 3-5 86156 Augsburg Germany Phone: 00498214086114 Fax: 00498214086122 E-mail: Alexandra.Habekost@kontron.com Internet: www.kontron.com ISIN: DE0006053952 WKN: 605395 Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart; Terminbörse EUREX End of Announcement DGAP News-Service ---------------------------------------------------------------------------