Brief: Kongsberg Automotive Q3 Adj EBIT Down At EUR 1.8 Mln

Kongsberg Automotive ASA

05/11/2024 06:08

Nov 5 (Reuters) - Kongsberg Automotive ASA  KOA.OL :
    * COST REDUCTIONS OFFSETING LOWER VOLUMES - NEW COST
INITIATIVES
AND RECORD NEW BUSINESS WINS YTD SUPPORT LONG-TERM GROWTH AND
PROFITABILITY
    * Q3 ADJUSTED EBIT EUR 1.8 MILLION VERSUS EUR 14.3 MILLION
YEAR
AGO
    * EXPECTS ADDITIONAL ANNUAL SAVINGS OF EUR 10 MILLION FROM
Q3 2025

Source text:  ID:nWkr6Q5fjb 
Further company coverage:  KOA.OL 

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