KONGSBERG AUTOMOTIVE REPORTS Q3 2021 RESULTS
Zurich, October 29, 2021: Kongsberg Automotive ASA has today published its interim report for the third quarter 2021. The company will host an earnings conference call today at 09:00 CET. Highlights of the third quarter: · Revenues came in at MEUR 267.4, MEUR 12.2 (+4.8%) higher than last year’s third quarter, including positive currency translation effects of MEUR 3.1. · Adjusted EBIT amounted to MEUR 5.7, which was MEUR 8.2 lower than in Q3 2020. This was due to significantly increased cost of raw materials, electronic components and freight. · Lifetime revenues business