ECHING (dpa-AFX) - German embedded computer technology firm Kontron AG (KOTRF.PK, KOTFY.PK) Thursday said its second-quarter Loss Before Interest and Tax was 4.4 million euros compared to EBIT of 2.0 million euros last year.
EBIT adjusted for restructuring costs fell by 5.5 million euros to a loss of 1.8 million euros.
EBIT margin was minus 1.7 percent compared to 3.2 percent during the same period last year.
Revenue dropped 6.5 percent to 108.5 million euros from 116.1 million euros, and order intake fell 16.9 percent to 100.1 million euros.
'The first half of 2015 was below our expectations, which poses a challenge to us in the coming months. But we are working hard to catch up during the second half, and to achieve our annual guidance,' said Rolf Schwirz, CEO of Kontron.
Copyright RTT News/dpa-AFX