Norway's Kongsberg Automotive Q4 EBIT improves on cost management

Kongsberg Automotive ASA

25/02/2026 06:09

Overview

Norway vehicle tech firm's Q4 revenue declined yr/yr

Company achieved improved EBIT and strong cash flow in Q4

Long-term EBIT margin target of 6.5% presented at Capital Markets Day

Outlook

Kongsberg Automotive targets long-term EBIT margin of 6.5%

Company expects 2026 EBIT margins to improve with cost-saving measures

Kongsberg Automotive committed to strategy from Capital Markets Day

Result Drivers

COST MANAGEMENT - Improved EBIT and cash flow attributed to disciplined cost management and operational efficiency, per CEO Trond Fiskum

ONE-TIME EFFECT - EBIT improvement partly due to a one-time positive effect of MEUR 4.9 from year-end accrual review

IMPROVEMENT INITIATIVES - Co continues to execute improvement initiatives focusing on cost-efficiency and operational improvements

Company press release: ID:nWkr72dJQW

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Revenue
Beat
EUR 167.50 mln
EUR 124.50 mln (2 Analysts)

Analyst Coverage

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy", 2 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the auto, truck & motorcycle parts peer group is "buy."

Wall Street's median 12-month price target for Kongsberg Automotive ASA is NOK2.00, about 8% below its February 24 closing price of NOK2.18

The stock recently traded at 14 times the next 12-month earnings vs. a P/E of 14 three months ago

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)