Kongsberg Automotive reports Q3 2016 results
Q3 2016 report and Capital Markets Day 2016 resentation follow attachedThird quarter 2016 highlights include: · Revenues were MEUR 228.0 in the third quarter, MEUR 1.4 below the third quarter last year excluding negative translation currency effects of MEUR 4.0. · EBIT was MEUR -5.0 (-2.2%) in the third quarter, versus an EBIT of MEUR 10.4 (4.5%) in the third quarter last year. · The third quarter EBIT was impacted by one-off items of MEUR 10.8. In addition, we incurred MEUR 0.8 of restructuring costs. · Reclassification of commercial currency loss from financial items to