Kongsberg Automotive second quarter 2014 report
Highlights for the second quarter 2014:
- Revenues of EUR 254.4 million, in line with guiding
- Market outlook for Q3 indicates revenue level of EUR 230 million
- EBIT was EUR 17.8 million in Q2, in line with Q2 2013
- Operating profit in line with last year, despite 3% lower revenues, due to operational improvements
- Financial gearing ratio reduced to 2.2x NIBD/EBITDA
- Download: release.html
- Download: wkr0006.pdf