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Kontron (SANT) investor relations material
Kontron Q3 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Q3 adjusted EBITDA was €50m, up 5% YoY, with a 13.7% margin; defense, software and transportation grew despite supply constraints and delayed shipments.
9M adjusted EBITDA reached €151.0m versus €140.1m; reported revenue was €1,102.9m, affected by COM deconsolidation and supply disruptions.
Record backlog stood at €2,751.9m; Ennoconn raised its stake to 48%, and FY26 guidance was reaffirmed.
Financial highlights
Q3 revenue was €365.8m versus €400.8m; reported EBITDA was €41.5m and adjusted EBITDA €50m, including more than €8m of restructuring charges.
Q3 gross profit was €148m, down 15.2% YoY; net income attributable to parent owners was €17.9m versus €21.9m.
9M revenue was €1,102.9m versus €1,181.9m reported, or €1,123.6m adjusted for deconsolidations; gross margin held at 41.6%.
9M adjusted EBITDA was €151.0m versus €140.1m; adjusted net income was €74.1m versus €69.6m, and adjusted EPS was €1.19 versus €1.11.
Operating cash flow was €4.3m for 9M and €18.2m in Q3, versus €49.7m and €33.5m, respectively, a year earlier.
Outlook and guidance
FY26 guidance remained revenue of ~€1.6bn and EBITDA of €200m after restructuring costs, or €225m before the €25m costs.
Most of €68.6m in delayed products was expected to ship in Q4; revenue guidance for the quarter was €440m–€510m, with €500m targeted.
Q4 operating cash flow was expected to be strong; net debt was forecast at around or below €100m by year-end.
Defense revenue was expected to grow 30% to €200m in 2026, with further growth in 2027.
2030 targets include €2.6bn revenue and €420m EBITDA; plans cite €1bn additional revenue, over 60% organic, and a 16% EBITDA share.
- 2030 vision targets €2.6bn revenue, €420m EBITDA, and €1.5/share dividend, led by IoT and AI.SANT
CMD 2026 - Strong Q2 growth in key segments, but H1 revenue fell 5.6% amid restructuring and supply chain issues.SANT
Q2 2026 - Transportation and defense growth, SaaS, and restructuring drive record backlog and future profits.SANT
Industrial Technology Online Investor Conference - Strong Q1 growth in core sectors offset revenue decline from divestments and supply issues.SANT
Q1 2026 - Record cash flow and EBITDA, with 2026 guidance focused on high-margin software-driven growth.SANT
H2 2025 - EBITDA and net income surged on high-margin focus, despite lower revenues.SANT
Q3 2025 - EBITDA and net income soared on portfolio streamlining, with 2025 guidance raised to €270m.SANT
H1 2025 - Accelerating IoT-driven growth with strong financials, innovation, and strategic acquisitions.SANT
Investor Presentation - Record financial results, major design wins, and innovation drive strong growth outlook for 2025.SANT
Investor Presentation
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