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Kongsberg Automotive third quarter 2014 report

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Highlights for the third quarter 2014

  • „ Revenues of EUR 228.6 million, EUR 6.2 million (-2.6 %) below Q3 2013 and in line with guiding
  • „ EBIT was EUR 13.2 million, slightly below Q3 last year
  • „ The financial gearing ratio at 2.3 times NIBD/EBITDA
  • „ Annualized business wins in the quarter amounted to EUR 64 million
  • „ Revenues for the fourth quarter expected to be approximately EUR 235 million

For further information, please contact: Trond Stabekk, Executive Vice

President & CFO Tel. 47 982 14 054

About Kongsberg Automotive:

Kongsberg Automotive provides world class products to the global vehicle industry. Our products enhance the driving experience, making it safer, more comfortable and sustainable. With revenues of close to EUR 1.0 billion and approximately 10.000 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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