Brief: Kongsberg Automotive Expects EBIT Of EUR 34-44 Mln In 2024

Kongsberg Automotive ASA

12/03/2024 06:28

March 12 (Reuters) - Kongsberg Automotive ASA  KOA.OL :
    * REVENUES IN Q4 WERE FAIRLY STABLE COMPARED TO Q4 LAST
YEAR,
WHILE BOTH ADJUSTED EBIT AND FREE CASH FLOW CAME IN POSITIVELY
IN QUARTER
    * BASED ON RESULT FOR FULL YEAR BOARD DOES NOT RECOMMEND ANY
DIVIDEND PAYMENTS
    * CEO - I EXPECT THAT ALL OPERATIONAL MEASURES WE HAVE TAKEN
IN
2023 AND 2024 WILL IMPROVE PROFITABILITY OF KA CONSIDERABLY IN
2024
    * OUTLOOK 2024: EXPECTS EBIT EUR 34-44M

Source text for Eikon:  ID:nWkr2Zsqkk 
Further company coverage:  KOA.OL 

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