Brief: Kongsberg Automotive To Experiences Minimal Impact From New Tariffs

Kongsberg Automotive ASA

05/02/2025 06:52

Feb 5 (Reuters) - Kongsberg Automotive ASA  KOA.OL :
    * LIMITED NEGATIVE EFFECTS FOR KONGSBERG AUTOMOTIVE RELATED
TO
IMPOSED AND POTENTIAL NEW TARIFFS
    * WILL SEEK FULL COMPENSATION FOR INCREASED CUSTOMS TARIFFS
FROM
ITS CUSTOMERS
    * SEES RISK THAT HIGHER VEHICLE PRICES WILL LOWER OVERALL
MARKET
DEMAND, WHICH THEN WOULD IMPACT NEGATIVELY CO'S ORDERBOOKS
    * CUSTOMS TARIFFS INCREASE IS ESTIMATED TO BE ABOUT MEUR 2
2025
    * BELIEVES IN IMPORTANCE OF LOCAL PRESENCE IN N.AMERICA
    * CONTINUES TO HAVE AMBITIONS TO INCREASE SOURCING LOCALLY
IN
REGION

Source text:  ID:nObihSvPva 
Further company coverage:  KOA.OL 

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