Brief: Kongsberg Reports Q1 Net Profit Of EUR 5.2 Million
30/04/2026 06:09
April 30 (Reuters) - Kongsberg Automotive ASA KOA.OL: Q1 REVENUE MEUR 179.6 (MEUR 190.0 MILLION VERSUS EUR 190 MILLION YEAR AGO Q1 NET PROFIT AT MEUR 5.2 Q1 EBIT AT MEUR 5.5 WITH EBIT MARGIN 3.1% Q1 FREE CASH FLOW AT MEUR -4.7 BASE MARKET OUTLOOK IS CAUTIOUSLY POSITIVE FOR SECOND HALF OF 2026 EBIT MARGINS ARE EXPECTED TO CONTINUE IMPROVING THROUGH 2026 WE WILL USE AUTOMATION AND AI WHERE IT MAKES PRACTICAL SENSE TO REMOVE MANUAL WORK AND SUPPORT LEANER COST BASE OVER TIME HAS NO DIRECT EXPOSURE TO MIDDLE EAST CONFLICT AND HAS EXTENSIVE EXPERIENCE MANAGING THROUGH VOLATILE MARKET CONDITIONS Source text: ID:nWkrb0PCCC Further company coverage: KOA.OL (Gdansk Newsroom) ((gdansk.newsroom@thomsonreuters.com; +48 58 7696600;))