Brief: Kongsberg Automotive Signs Two Contracts

Kongsberg Automotive ASA

10/03/2023 06:02

March 10 (Reuters) - Kongsberg Automotive ASA  KOA.OL :
    * KONGSBERG AUTOMOTIVE IS AWARDED TWO CONTRACTS WORTH OVER
EUR 45
MILLION IN ESTIMATED LIFETIME REVENUE
    * KONGSBERG AUTOMOTIVE (KA) POWERTRAIN & CHASSIS (P&C)
BUSINESS
SEGMENT HAS EXTENDED TWO CONTRACTS FOR SHIFT SYSTEMS WITHIN
DRIVELINE
    * AWARDS ARE WORTH EUR 26.8 MILLION IN ESTIMATED LIFETIME
REVENUE
    * AWARDS ARE WORTH EUR 18.2 MILLION IN ESTIMATED LIFETIME
REVENUE
    * THESE THREE-YEAR CONTRACT EXTENSIONS ARE AWARDED TO KA BY
KEY
CUSTOMERS WITHIN PASSENGER CARS
    * KA'S VRABLE PLANT IN SLOVAKIA, AND CLUSES PLANT IN FRANCE
WILL
BE INVOLVED IN PRODUCTION

Source text for Eikon:  ID:nWkr1dv97r 
Further company coverage:  KOA.OL 

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