Kongsberg Automotive revises FY 2021 targets
Kongsberg Automotive FY 2021 financial guidance revised to account for further semiconductor shortages and related developments in the automotive market.Zurich, September 24, 2021: In light of recent developments in the automotive sector, Kongsberg Automotive’s board of directors has approved new guidance for the company. The company expects a reduction in revenue, and consequently in adjusted EBIT, compared to the guidance given at the Q2 results presentation. The new guidance for the full year 2021 is as follows: · Revenues of EUR 1 100m (versus previous guidance of EUR 1 130m)