Brief: Kongsberg Automotive Says Market Outlook For H2 2025 Is Unfavorable
12/08/2025 06:08
Aug 12 (Reuters) - Kongsberg Automotive ASA KOA.OL: Q2 REVENUE EUR 192.4 MILLION VERSUS EUR 209.3 MILLION YEAR AGO Q2 EBIT STANDS AT MEUR -2.9 (Q2 2024: MEUR 6.4) EXPECTS EBIT MARGIN IN H2 2025 TO EXCEED BOTH H1 2025 AND H2 2024, SUPPORTED BY OPERATIONAL EFFICIENCIES REVENUE IMPACTED BY WEAKER GLOBAL AUTOMOTIVE MARKETS AND NEGATIVE CURRENCY EFFECTS OF MEUR -5.5 REVENUES ARE EXPECTED TO DECLINE COMPARED TO H1 2025 AND H2 2024 DUE TO CONTINUED SOFTNESS IN MARKET DEMAND, PARTICULARLY IN NORTH AMERICA MARKET OUTLOOK FOR 2026 IS POSITIVE ON TARIFFS: DIRECT COST EFFECTS OF TARIFFS ARE ACTIVELY BEING MITIGATED BY PASSING ON COSTS TO OUR CUSTOMERS FOR H2 2025, THE MARKET OUTLOOK IS UNFAVORABLE REVENUES ARE PROJECTED TO FALL BELOW BOTH H1 2025 AND H2 2024 LEVELS ON TARIFFS: CONSEQUENCES ARE EXPECTED TO BE MINIMAL FOR KA WE REPORT A NEGATIVE NET IMPACT OF TARIFF COSTS IN Q2 NEWLY IMPOSED TARIFFS RESULTED IN A NEGATIVE IMPACT OF MEUR -0.4 ON Q2 2025 EBIT Source text: ID:nWkr6vQSbk Further company coverage: KOA.OL (Gdansk Newsroom) ((gdansk.newsroom@thomsonreuters.com; +48 58 769 66 00;))