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21st Austria weekly - Lenzing, Kontron (03/08/2023)

06.08.2023

Lenzing: The Lenzing Group, world-leading provider of specialty fibers for the textile and nonwoven industries, has been awarded platinum status in the EcoVadis CSR rating. The rating comprehensively covers the four most important practices in the area of corporate social responsibility: environment, fair working conditions and human rights, as well as ethics and sustainable procurement.
Lenzing: weekly performance: -6.32%

Kontron: With its Q2 results, the new Kontron AG underlines the strength it has gained by focusing on the IoT market. Organic revenue grew 15.2% to EUR 283.2 million (Q2 2022: EUR 245.6 million). Net income  reached 17.4 million (+93 %). With an order entry of EUR 310.2 million and a resulting book-to-bill ratio of 1.1, the encouraging trend continued in the second quarter of 2023. The positive development of operative cash flow seen in the first quarter continued with EUR 2.1 million, and Kontron was able to turn the negative operative cash flow of EUR 71.1 million from the first half of 2022 around to record a positive figure. With the acquisition of the Cellular Automotive Module Unit of Telit Inc, a specialist in 5G machine networking, and the Swiss-based firm Comlab AG, a specialist for data communication for railways, two companies with an IoT focus joined the Kontron Group. Several more transactions in the IoT segment “Software + Solutions” are planned before the end of 2024.
Kontron: weekly performance: 5.74%

(From the 21st Austria weekly https://www.boerse-social.com/21staustria (03/08/2023)


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21st Austria weekly - Lenzing, Kontron (03/08/2023)


06.08.2023, 1545 Zeichen



Lenzing: The Lenzing Group, world-leading provider of specialty fibers for the textile and nonwoven industries, has been awarded platinum status in the EcoVadis CSR rating. The rating comprehensively covers the four most important practices in the area of corporate social responsibility: environment, fair working conditions and human rights, as well as ethics and sustainable procurement.
Lenzing: weekly performance: -6.32%

Kontron: With its Q2 results, the new Kontron AG underlines the strength it has gained by focusing on the IoT market. Organic revenue grew 15.2% to EUR 283.2 million (Q2 2022: EUR 245.6 million). Net income  reached 17.4 million (+93 %). With an order entry of EUR 310.2 million and a resulting book-to-bill ratio of 1.1, the encouraging trend continued in the second quarter of 2023. The positive development of operative cash flow seen in the first quarter continued with EUR 2.1 million, and Kontron was able to turn the negative operative cash flow of EUR 71.1 million from the first half of 2022 around to record a positive figure. With the acquisition of the Cellular Automotive Module Unit of Telit Inc, a specialist in 5G machine networking, and the Swiss-based firm Comlab AG, a specialist for data communication for railways, two companies with an IoT focus joined the Kontron Group. Several more transactions in the IoT segment “Software + Solutions” are planned before the end of 2024.
Kontron: weekly performance: 5.74%

(From the 21st Austria weekly https://www.boerse-social.com/21staustria (03/08/2023)



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