Releases - Kongsberg Automotive Holding ASA

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Kongsberg Automotive invites to its Q4 2011 presentation at Thon Hotel Vika Atri...

Kongsberg Automotive Holding ASA will on Wednesday the 15th of Februar at 12:00 presents the results for Q4 2011 at Thon Hotel Vika in Oslo.

Light refreshments will be served.

The presentation will also be broadcasted live on the company’s website (www.kongsbergautomotive.com). The web cast will start 12:00.

The quarterly report will be distributed on the 14th of Februar, in the evening.

Investors, analysts and...

KONGSBERG AUTOMOTIVE WITH 2 NEW CONTRACTS WITH TOTAL VALUE OF 10.5 MEUR (81 MNOK...

Kongsberg Automotive’s (KA) Interior business area has been awarded two new contracts in the North American market. One is for an electro-mechanical seat release actuator which will be used on a premier German vehicle built in North America. The actuator is used to access the 3rd row seats and for expanding the luggage compartment. The second win is for a pneumatic lumbar system with one of the leading American OEMs.

KONGSBERG AUTOMOTIVE SECURES 40 MEUR (311 MNOK) CONTRACT FOR A NEW CRASH SAFE SU...

Kongsberg Automotive’s (KA) Actuation & Chassis business area has been awarded a contract for the supply of a new suspension system for truck cabins, to a global truck manufacturer.
The system consists of a stabilizer bar combined with two crash brackets. The system is based on new safety technology developed at the KA R&D centers in Sweden and Norway, in close cooperation with several leading research...

KEY CONTRACT WIN WORTH 54 MEUR (416 MNOK) FOR KONGSBERG AUTOMOTIVE DRIVELINE IN ...

Kongsberg Automotive (KA) has received the nomination for the supply of a gear selector system to be used on the gear box of a major global vehicle OEM. The gearbox will be installed in several different cars (Entry, B & C segment cars), sold both in Europe, and in the growing Asian market in several globally recognized brands. Design and project leadership will be based in Europe.

Financial Calendar 2012 - Kongsberg Automotive Holding ASA

Interim Reports Presentation 4thQuarter 2011 Evening the 14th of February 15th of February 1stQuarter 2012 Evening the 24th of April 25th of April 2ndQuarter 2012 Evening the 12th of July 13th of July 3rdQuarter 2012 Evening the 18th of October 19th of October 4thQuarter 2012 TBD TBD

KONGSBERG AUTOMOTIVE GROUP                                                      ...

(The report is based on IFRS)
Highlights Q3 2011

        Revenues in Q3 ended at MEUR 229.6 up 9% YoY

        Kongsberg Automotive’s revenue growth continues to be stronger than the market volumes

        EBITDA in Q3 at MEUR 15.4 (6.6%) representing a 20.3 % growth versus same period last year

        Q3 includes restructuring cost of MEUR 1.3

        Net profit year to date more than doubled versus same...

RESULT OUTLOOK

Kongsberg Automotive Holding ASA expects its EBITDA for 2011 to be between MEUR 85 and MEUR 90. This represents a weaker 2011 EBITDA level than anticipated in previous guidance of MEUR 105.
Despite a positive margin development in 2011, the realized contribution margin for the company is approximately 1.5 - 2 percentage points lower than expected for the full year. This is primarily driven by a slower than...

Kongsberg Automotive invites to its Q3 2011 presentation at Thon Hotel Vika Atri...

Kongsberg Automotive Holding ASA will on Friday the 21st of October at 08.30 presents the results for Q3 2011 at Thon Hotel Vika in Oslo.

Light refreshments will be served.

The presentation will also be broadcasted live on the company’s website (www.kongsbergautomotive.com). The web cast will start 08.30.

The quarterly report will be distributed on the 20th of October, in the evening.

Investors, analysts and...

KONGSBERG AUTOMOTIVE ANNOUNCES TWO NEW CONTRACTS WITH TOTAL VALUE OF 10 MEUR (79...

Kongsberg Automotive’s (KA) Fluid Transfer business area announces contract awards for the Chinese and American markets worth a total of 10 MEUR.
The first contract is for supply of Air-Brake couplings to a Chinese truck manufacturer. Supply will begin in 2011. The Air-Brake couplings will partly be manufactured in KA’s facility in Raufoss, Norway and partly in the facility in Wuxi, China.

Fluid Transfer has...

KONGSBERG AUTOMOTIVE TO DELIVER SEAT HEAT SYSTEMS WORTH 13 MEUR (101 MNOK) GLOBA...

Kongsberg Automotive’s (KA) Interior business area has been awarded a contract for seat heat-systems to one of the world’s premier car brands, located in Germany. The contract is global and is the first seat heat business awarded to KA from this OEM. The new design includes seat heaters with integrated occupants’ detection systems to a large vehicle platform.
Production will be in KA’s facility in Pruszków,...

Kongsberg Automotive Holding ASA

Kongsberg Automotive is headquartered in Kongsberg, Norway and has approx. 50 facilities in 20 countries on all continents. Kongsberg Automotive provides system solutions to vehicle makers around the world. The product p...

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