Brief: Kongsberg Automotive Q2 EBIT At EUR 12 Mln
BRIEF-Kongsberg Automotive Q2 EBIT At EUR 12 Mln July 16 (Reuters) - Kongsberg Automotive ASA KOA.OL:
KONGSBERG AUTOMOTIVE Q2 REVENUE EUR 193.8 MILLION
Q2 2026 EBIT EUR 12 MILLION
Q2 2026 NET PROFIT EUR 5.2 MILLION
Q2 2026 NET CASH FLOW EUR 4.3 MILLION
DURING Q2, WE ANNOUNCED CONSOLIDATION OF MANUFACTURING OPERATIONS IN CHINA, REDUCING FOOTPRINT FROM 3 PLANTS TO 1
HAS INITIATED RESTRUCTURING OF OPERATIONS IN FRANCE TO ALIGN COST BASE WITH MARKET CONDITIONS
EXPECTS THE IMPROVEMENT IN UNDERLYING PROFITABILITY TO CONTINUE THROUGH THE REMAINDER OF 2026
MARKET OUTLOOK FOR THE SECOND HALF OF 2026 REMAINS CAUTIOUSLY POSITIVE
MARKET OUTLOOK FOR H2 2026 SUPPORTED BY IMPROVED TRUCK ORDER ACTIVITY IN NORTH AMERICA, MORE FAVORABLE DEVELOPMENT EUROPE
Source text: ID:nMFN2HjNWd
Further company coverage: KOA.OL
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