Kongsberg Automotive Trading Update Q4 2020
Kongsberg Automotive expects revenues for the last quarter Q4 2020 of approx. MEUR 299, an adj. EBIT of approx. MEUR 23 and a negative free cash flow of MEUR 6. New Business Wins amount to MEUR 87 annualized revenues, and MEUR 471 lifetime revenues. 2019 Q4 revenues were MEUR 281, adj. EBIT was MEUR 15 and free cash flow MEUR 1. New Business Wins amounted in Q4 2019 to MEUR 89 annualized revenues, and MEUR 427 lifetime revenues. For the full year 2020, the company expects revenues of approx. MEUR 969, an adj. EBIT of approx. MEUR 11 and a negative free cash flow of MEUR 40. New