Brief: Kongsberg Automotive Keeps Full Year Guidance Unchanged

Kongsberg Automotive ASA

09/05/2023 06:03

May 9 (Reuters) - Kongsberg Automotive ASA  KOA.OL :
    * ADJUSTED EBIT DECLINED IN POWERTRAIN & CHASSIS SEGMENT ON
BACK
OF LOWER SALES TOWARDS PASSENGER CARS IN CHINA
    * CHALLENGING DEVELOPMENT IN CHINA, UNFAVORABLE FOREIGN
EXCHANGE
RATE DEVELOPMENTS IMPACTED ADJUSTED EBIT AND NET INCOME
NEGATIVELY
    * REITERATES TO ITS FULL YEAR GUIDANCE OF REVENUES AND
ADJUSTED
EBIT OF MEUR 880-900 AND MEUR 25-30, RESPECTIVELY

Source text for Eikon:  ID:nWkr6c0TMs 
Further company coverage:  KOA.OL 

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