Highlights for the second quarter 2012

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  • Revenues of EUR 262 million (including positive currency effects of EUR 11,5 million), where strong NA market offsets EU shortfall
  • EBITDA of EUR 20.0 million

  • Strong cash flow from operating activities

  • The drawn debt was reduced by EUR 9 million in Q2
  • The market outlook for the third quarter indicates a stable revenue level of approximately EUR 230 million. Uncertainty about EU market conditions remains high.

For further information, please contact:

Hans Peter Havdal CEO | Phone 47 920 65 690 | e-mail hans.havdal@ka-group.com

Trond Stabekk CFO | Phone 47 982 14 054|e-mail trond.stabekk@ka-group.com

Kongsberg Automotive provides world class products to the global vehicle industry. Our products enhance the driving experience, making it safer, more comfortable and sustainable.

Kongsberg Automotive’s business has a global presence. With revenues of close to EUR 1.0 billion and approximately 11.000 employees in 20 countries, Kongsberg Automotive is truly a global supplier. The company is headquartered in Kongsberg, Norway and has 32 production facilities worldwide. The product portfolio includes seat comfort systems, driver and motion control systems, fluid assemblies, and industrial driver interface products developed for global vehicle manufacturers. Find more information at www.kongsbergautomotive.com

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