All-time high revenues and positive margin development. Portfolio transformation in full execution
Zurich, November 8, 2022: Kongsberg Automotive ASA (“Kongsberg Automotive”) has published its results for the third quarter of 2022 today. The results show increasing revenues and a positive margin development despite increased global inflation. All the financial information in this press release refers to the continuing operations of the company, as recent divestments are accounted for separately as discontinued operations. Comment from Joerg Buchheim, President & CEO: “Despite several macroeconomic challenges for our industry, we managed to deliver all-time high revenues in the