Kongsberg Automotive updates its long-term financial ambitions
Zurich, May 12, 2024: Kongsberg Automotive’s (KA) Board of Directors, along with the CEO and Executive Management, have updated its long-term financial goals and established new ambitions for the year 2028. In the recent months, the Board of Directors, the CEO and Executive Management, have made a thorough analysis of the company’s operational and financial prospects. The current short-term focus is to reduce structural costs and increase KA’s operational efficiency. The objective is to secure positive earnings and positive cash flow. The guidance for 2024 is that KA will deliver