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Kurs & Likviditet

Kursutveckling och likviditet under dagen för detta pressmeddelande

Beskrivning

LandNorge
ListaOB Match
SektorIndustri
IndustriIndustriprodukter
Kongsberg Automotive är en industriell koncern. Bolaget tillhandahåller systemlösningar och reservdelar till fordonsindustrin. Utbudet består av lösningar inom komfort- och säkerhetsrelaterade produkter, chassi, samt övriga specialprodukter. Produkterna levereras till biltillverkare på global nivå och används i tunga och lätta fordon. Utöver erbjuds eftermarknadsservice som berör installation, reparation samt utbildning. Bolaget grundades 1987 och har sitt huvudkontor i Kongsberg.

Kalender

2020-11-11 Kvartalsrapport 2020-Q3
2020-08-06 Kvartalsrapport 2020-Q2
2020-07-01 Ordinarie utdelning KOA 0.00 NOK
2020-06-30 Årsstämma 2019
2020-06-15 Extra Bolagsstämma 2020
2020-04-24 Kvartalsrapport 2020-Q1
2020-02-27 Bokslutskommuniké 2019
2019-11-07 Kvartalsrapport 2019-Q3
2019-07-26 Kvartalsrapport 2019-Q2
2019-05-16 Ordinarie utdelning KOA 0.00 NOK
2019-05-15 Kvartalsrapport 2019-Q1
2019-05-15 Årsstämma 2018
2019-02-28 Bokslutskommuniké 2018
2018-12-11 Extra Bolagsstämma 2018
2018-11-07 Kvartalsrapport 2018-Q3
2018-07-27 Kvartalsrapport 2018-Q2
2018-06-06 Ordinarie utdelning KOA 0.00 NOK
2018-06-05 Årsstämma 2017
2018-05-08 Kvartalsrapport 2018-Q1
2018-02-28 Bokslutskommuniké 2017
2017-11-08 Kvartalsrapport 2017-Q3
2017-08-27 Kvartalsrapport 2017-Q2
2017-06-02 Ordinarie utdelning KOA 0.00 NOK
2017-06-01 Årsstämma 2016
2017-05-09 Kvartalsrapport 2017-Q1
2017-02-07 Bokslutskommuniké 2016
2016-11-08 Kvartalsrapport 2016-Q3
2016-11-08 Kapitalmarknadsdag 2016
2016-07-13 Kvartalsrapport 2016-Q2
2016-04-14 Kvartalsrapport 2016-Q1
2016-03-31 Årsstämma 2015
2016-03-30 Ordinarie utdelning KOA 0.00 NOK
2016-02-11 Bokslutskommuniké 2015
2015-12-21 Extra Bolagsstämma 2015
2015-12-02 Kapitalmarknadsdag 2015
2015-10-14 Kvartalsrapport 2015-Q3
2015-07-09 Kvartalsrapport 2015-Q2
2015-05-07 Årsstämma 2014
2015-05-06 Ordinarie utdelning KOA 0.00 NOK
2015-04-16 Kvartalsrapport 2015-Q1
2015-02-16 Bokslutskommuniké 2014
2014-12-03 Kapitalmarknadsdag 2014
2014-10-16 Kvartalsrapport 2014-Q3
2014-07-10 Kvartalsrapport 2014-Q2
2014-05-07 Årsstämma 2013
2014-05-06 Ordinarie utdelning KOA 0.00 NOK
2014-04-10 Kvartalsrapport 2014-Q1
2014-02-13 Bokslutskommuniké 2013
2013-12-03 Kapitalmarknadsdag 2013
2013-10-17 Kvartalsrapport 2013-Q3
2013-07-11 Kvartalsrapport 2013-Q2
2013-06-05 Årsstämma 2012
2013-06-04 Ordinarie utdelning KOA 0.00 NOK
2013-04-16 Kvartalsrapport 2013-Q1
2013-02-07 Bokslutskommuniké 2012
2012-11-06 Kapitalmarknadsdag 2012
2012-10-18 Kvartalsrapport 2012-Q3
2012-07-12 Kvartalsrapport 2012-Q2
2012-06-05 Årsstämma 2011
2012-06-04 Ordinarie utdelning KOA 0.00 NOK
2012-04-24 Kvartalsrapport 2012-Q1
2012-02-14 Bokslutskommuniké 2011
2011-10-21 Kvartalsrapport 2011-Q3
2011-07-15 Kvartalsrapport 2011-Q2
2011-06-09 Årsstämma 2010
2011-06-08 Ordinarie utdelning KOA 0.00 NOK
2011-04-15 Kvartalsrapport 2011-Q1
2011-02-11 Bokslutskommuniké 2010
2011-02-10 Bokslutskommuniké 2010
2010-10-21 Kvartalsrapport 2010-Q3
2010-07-15 Kvartalsrapport 2010-Q2
2010-04-28 Kvartalsrapport 2010-Q1
2010-02-11 Bokslutskommuniké 2009
2020-02-27 07:30:17
Kongsberg Automotive ASA Q4 2019 Report and Presentation follow attached.

Q4 2019 Highlights:

  · Revenues declined by MEUR 7.5 (-2.6%) YoY to MEUR 280.8. This includes
positive FX effects of MEUR 1.8. On a fixed exchange rate basis, our revenues
declined by 3.2% YoY.
  · In Q4 we experienced strongly declining revenues in November and December to
a greater degree than the decline in our customers' production rates.
    · We continued to gain market share in the passenger car market, mainly
driven by strong P&C growth in China. Overall, on a constant currency basis we
had virtually flat YoY revenues in the passenger car market in which production
output declined by 5% in Q4.
    · In the truck market, on a constant currency basis, our revenues declined
by 10% YoY in line with the reduction in global production volumes.
    · Revenues generated in other end-markets declined by 3% on a constant
currency basis.

  · We won a significant level of new business despite increasing market
uncertainties. We were awarded new business totaling MEUR 89 on an annualized
basis, corresponding to MEUR 427 in expected lifetime revenues.
  · Adj. EBIT amounted to MEUR 15.1 which was MEUR 5.6 lower than in Q4 2018.
    · The primary reason for the shortfall to our guidance was the lower revenue
levels in Q4 and the associated fall-through.
    · The positive impacts from improved operational performance were partly
offset by inefficiencies in the Interior plant in Brzesc, Poland.
    · In Q4 2019 we had an inventory revaluation loss; in Q4 2018 we benefitted
from a revaluation gain. This was driven by operational improvements and raw
material pricing.

  · Total cash flow for the quarter was MEUR +1, mainly driven by working
capital improvements.
  · Our total liquidity reserve at the end of the quarter amounted to MEUR 65.2
of which MEUR 0.8 were restricted cash on hand.
  · Sequentially, the adjusted gearing ratio deteriorated slightly; from 3.0X to
3.1X. Excluding IFRS 16 effects, our LTM adjusted gearing ratio (NIBD/Adj.
EBITDA) was 2.5X; a YoY increase of 0.6X.

The earnings conference call including a review of the Q4 Presentation can be
followed through this link starting at CET 09:00:

https://globalmeet.webcasts.com/starthere.jsp?ei=1284865&tp_key=f57f7cec24

Contacts:

Norbert Loers, CFO
Phone: +41 43 508 6559

Hallstein Kvam Oma, Investor Relations
Phone: +41 43 508 8963

ir@ka-group.com

Kongsberg Automotive provides world class products to the global vehicle
industry. Our products enhance the driving experience, making it safer, more
comfortable and sustainable. With revenues of approx. EUR 1.1 billion and
approximately 10.900 employees in 19 countries, Kongsberg Automotive is truly a
global supplier. The company is headquartered in Zürich, Switzerland and has
more than 25 production facilities worldwide. The product portfolio includes
seat comfort systems, driver and motion control systems, fluid assemblies, and
industrial driver interface products developed for global vehicle manufacturers.
Find more information at www.kongsbergautomotive.com