Kongsberg Automotive (KOA)

TekBot · desember 12, 2024, 11:54am

Flaggemelding Kongsberg Automotive

TekBot · desember 13, 2024, 6:02am

Kongsberg Automotive wins a new thermal management system contract worth over EUR 24 million in estimated lifetime revenue

Kongsberg, December 13, 2024: Kongsberg Automotive (KA) has secured a new
contract worth over EUR 24 million in estimated lifetime revenue for coolant
system assemblies used in electric vehicles (EV) under KA’s thermal management
…

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system (TMS).

The 10-year contract, with the start of production in 2027, is for KA’s Nylon
(PA612) coolant assemblies for EV. It was awarded by an innovative manufacturer
of passenger cars in the luxury EV SUV segment. KA’s Brzesc Kujawski, Poland
plant will produce and distribute the product.

“KA is proud to announce this award for our strategically important TMS
assemblies from a brand-new customer” says David Redfearn, KA’s Chief Sales
Officer, adding, “As we transition towards E-mobility, it is very rewarding to
see the market acceptance of our TMS assemblies. That coupled with our local
engineering support ensured that we were selected for this contract.”

Media and communications contact:
Therese Sjöborg Skurdal - Director, Group Marketing and Communications
therese.skurdal@ka-group.com
+47 982 14 059

Investor Relations contact:
investor.relations@ka-group.com

About Kongsberg Automotive ASA
Kongsberg Automotive provides cutting-edge technology to the global vehicle
industry. We drive the global transition to sustainable mobility by putting
engineering, sustainability, and innovation into practice. Our product portfolio
includes driver and motion control systems, fluid assemblies, and industrial
driver interface products. Find more information
at:?kongsbergautomotive.com (https://www.kongsbergautomotive.com/)

Kilde

TekBot · desember 17, 2024, 6:01am

Kongsberg Automotive wins a new contract worth over EUR 25.5 million in estimated lifetime revenue for air suspension lines

Kongsberg, December 17, 2024: Kongsberg Automotive (KA) has secured a new
contract worth over EUR 25.5 million in estimated lifetime revenue, for the
production of air suspension lines.
…

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The contract, awarded by one of the largest global electric vehicles (EV)
manufacturers, is for nylon lines and connectors, which play a crucial role in
distributing and regulating air within the air suspension system, ensuring
optimal comfort and driving quality, performance, and safety in electric
vehicles.

Production for this five-year contract will involve hose manufacturing at KA’s
Suffield plant in the United States, while the assembly will take place in KA’s
Ramos Arizpe plant in Mexico. This venture brings new business to KA Ramos
Arizpe and involves a new hose-forming process that was introduced in 2023.

“KA has captured a major customer for one of our core products in the EV
sector,” says David Redfearn, KA’s Chief Sales Officer. “Our plant in Mexico
continues to enhance our capabilities, reinforcing our leading position in air
suspension solutions. With the increasing adoption of these systems in the
market, we are enthusiastic about the growth opportunities ahead.”

Media and communications contact:
Therese Sjöborg Skurdal - Director Group Marketing and Communications
therese.skurdal@ka-group.com
+47 982 14 059

Investor Relations contact:
investor.relations@ka-group.com

About Kongsberg Automotive ASA
Kongsberg Automotive provides cutting-edge technology to the global vehicle
industry. We drive the global transition to sustainable mobility by putting
engineering, sustainability, and innovation into practice. Our product portfolio
includes driver and motion control systems, fluid assemblies, and industrial
driver interface products. Find more information
at:?kongsbergautomotive.com (https://www.kongsbergautomotive.com/)

Kilde

TekBot · desember 17, 2024, 7:11am

Kongsberg Automotive Breakfast Meeting: On track to deliver on the 2028 ambitions

Kongsberg, December 17, 2024: Kongsberg Automotive (KA) welcomes investors,
analysts, and interested parties to its second annual breakfast meeting and
networking opportunity in Oslo, Norway today. Today’s presentation and Q&A
…

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session will also be broadcast via a live webcast and a recording will be
published on KA’s website.

“New business wins are trending at record levels, confirming that KA has the
right products to meet the requirements of globally recognized industry brands.
Despite ongoing changes in customer demand and lower volumes in the past year,
we are achieving planned cost efficiencies. We are also successfully building a
portfolio of customer orders supporting delivery on our long-term ambitions with
approximately 80% of our anticipated 2028 revenues covered,” says KA’s President
& CEO Linda Nyquist-Evenrud.

At the Capital Markets Day (CMD) in May this year, KA presented long-term goals
of above EUR 1 billion in revenues and an EBIT margin at or above 8.5% in 2028.
From early 2025, the company will start providing a quarterly
award announcement.

The agenda for today’s meeting is as follows:

· Introduction and strategic update - President & CEO, Linda Nyquist-Evenrud
· Customer and market update - Chief Sales Officer, David Redfearn
· Product update - Chief Technology Officer, Christian Amsel
· Financial update - Chief Financial Officer, Christian Johansson
· Key takeaways and Q&A session

Breakfast and networking opportunity: 08:30 AM - 09:00 AM
Presentation and discussions: 09:00 AM - 10:30 AM
Location: Danske Bank, Aker Brygge - Bryggetorget 4, Oslo

Webcast

The webcast presentation starts at 09:00 (CET) today. Registration is available
at the company’s website or the following link:
https://events.provisoevent.no/kongsbergautomotive/events/breakfast-meeting
-/register/cat/f1e744de-7f34-4325-9572-6827ce3eaab1

The press release and presentation material are published on www.newsweb.no and
on KA’s website www.kongsbergautomotive.com

The recording of the presentation will be made available on the company’s
website shortly after the presentation.

Investor relations and media contacts:

Christian Johansson - Chief Financial Officer
investor.relations@ka-group.com

Therese Sjöborg Skurdal - Director Group Marketing and Communications
therese.skurdal@ka-group.com
+47 982 14 059

About Kongsberg Automotive ASA

Kongsberg Automotive provides cutting-edge technology to the global vehicle
industry. We drive the global transition to sustainable mobility by putting
engineering, sustainability, and innovation into practice. Our product portfolio
includes driver and motion control systems, fluid assemblies, and industrial
driver interface products. Find more information at:
kongsbergautomotive.com (https://www.kongsbergautomotive.com/)

Kilde

TekBot · desember 17, 2024, 7:47am

Euronext Oslo Børs – Kongsberg Automotive ASA - Received application for listing of bonds

TekBot · desember 17, 2024, 7:47am

Euronext Oslo Børs – Kongsberg Automotive ASA - Mottatt søknad om notering av obligasjonslån

TekBot · desember 18, 2024, 2:04pm

Flagging Notification

TekBot · desember 18, 2024, 2:04pm

Flaggemelding Kongsberg Automotive

TekBot · desember 20, 2024, 6:00am

Kongsberg Automotive wins a contract extension worth EUR 56 million in estimated lifetime revenue

Kongsberg, December 20, 2024: Kongsberg Automotive (KA) has won a contract
extension worth over EUR 56 million in estimated lifetime revenue for Fluoro
-Comp® (https://www.kongsbergautomotive.com/products-services/passenger
…

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-cars/fluid-transfer/fuel-lines/fluoro-comp/) and stainless-steel braided hoses.

A global Tier 1 automotive supplier awarded this five-year contract renewal.
KA’s Suffield, Grand River (USA), and Ramos Arizpe (Mexico) plants will
manufacture and supply these products.

The Fluoro-Comp® hose is a non-metallic reinforced PTFE hose used for multiple
automotive or commercial vehicle applications. It can withstand extreme
temperatures, offers low permeation, and has burn-through resistance to give
users the performance and properties of a PTFE hose, while still maintaining the
forming and routing ease of a nylon or rubber hose.

“We are delighted to extend our partnership with KA’s long-standing customer for
these critical products for use on both traditional, hybrid, and electric
vehicles (EVs),” says David Redfearn, KA’s Chief Sales officer. “As the
transition to sustainable transportation continues, it is exciting to note that
KA’s existing portfolio supports this journey.”

Media and communications contact:
Therese Sjöborg Skurdal - Director, Group Marketing and Communications
therese.skurdal@ka-group.com
+47 982 14 059

Investor Relations contact:
investor.relations@ka-group.com

About Kongsberg Automotive ASA
Kongsberg Automotive provides cutting-edge technology to the global vehicle
industry. We drive the global transition to sustainable mobility by putting
engineering, sustainability, and innovation into practice. Our product portfolio
includes driver and motion control systems, fluid assemblies, and industrial
driver interface products. Find more information
at:?kongsbergautomotive.com (https://www.kongsbergautomotive.com/)

Kilde

TekBot · desember 20, 2024, 11:34am

Kongsberg Automotive: Extraordinary General Meeting held

Oslo, December 20, 2024: Kongsberg Automotive ASA (KA) held an extraordinary
general meeting today, December 20, 2024.

…

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The extraordinary general meeting elected three new members to KA’s Board of
Directors in accordance with the proposed candidates announced on November 29,
2024.

Following this, KA’s Board of Directors consists of the following shareholder
elected members:

· Olav Volldal
· Bård Klungseth
· Synnøve Gjønnes
· Brian Kristoffersen
· Junyang (Jenny) Shao

The members elected by KA’s employees remain unchanged and are as follows:

· Siw Reidun Wærås
· Knut Magne Alfsvåg
· Bjørn Ivan Ødegård

The new Board of Directors elected Olav Volldal as new Chair of the Board of
Directors and Bård Klungseth as Deputy Chair immediately after the extraordinary
meeting.

Additionally, two new members of the Nomination Committee were elected by the
extraordinary general meeting in accordance with the proposed candidates
announced on November 29, 2024.

Following this, the company’s Nomination Committee consists of:

· Arild Christoffersen (Chair of the Nomination Committee)

· Endre Kolbjørnsen

· Tore Vik

Minutes from the extraordinary general meeting is attached and will also be made
available on KA’s website: https://www.kongsbergautomotive.com (https://secure
-web.cisco.com/1GK5mI8l7wzrNr2uVBN2igLSOllubcJ1Z0Ix3kg7e3ZtZuJQA
-rOSUzaYY9h5zhZnQs4VynbjUyP5JsI1RvKTjpt
-6gQP1QPlIV5Ze41ABjscf7l7eLVx7Y9nJSk7B6mHCm3KS6XNK0zT7ZObKSnZdTZT3FOtE3MIOOMvhAf1
G8t9kVOjnnVqAjE3nbHlPSTDFkhRO8cowoUpzQOmWQXSgpnUJ6JNHqswhV_88txA6oaiACRltEqn9Ya11
wzK2z4zGP5Vp0Fv08z
-lGkiyLYsYAlAkrkajyfUkpQ0iE8ffrHDXmO6fSKiWX9TY9eU5lmN/https%3A%2F%2Fwww.kongsberg
automotive.com%2F)

This information is subject to the disclosure requirements pursuant to Section 5
–12 the Norwegian Securities Trading Act.

Media and communications contact:
Therese Sjöborg Skurdal - Director, Group Marketing and Communications
therese.skurdal@ka-group.com
+47 982 14 059

Investor Relations contact:
investor.relations@ka-group.com

Kilde

Kurias · desember 23, 2024, 9:49am

KOA dag i dag. Herlig med stadig og stø kurs.

TekBot · desember 23, 2024, 12:21pm

Ny rente

TekBot · desember 23, 2024, 1:31pm

Kongsberg Automotive wins a contract extension worth over EUR 47 million in estimated lifetime revenue

Kongsberg, December 23, 2024: Kongsberg Automotive (KA) has secured a contract
extension worth over EUR 47 million in estimated lifetime revenue for pedal
group systems (https://www.kongsbergautomotive.com/products-services/off
…

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-highway/cabin/clutch-actuation-systems/pedal-box/) used in golf carts and
utility vehicles.

This four-year contract was awarded to the company by one of the world’s leading
manufacturers of golf carts and utility vehicles. KA’s Willis (USA) plant will
manufacture and supply this product.

“The contract renewal of KA’s brake and throttle pedal combined solution
confirms that we share the same values of quality, reliability, and safety for
these critical products with our partner,” says David Redfearn, KA’s Chief Sales
Officer, “We are a long-term development supplier for this customer, and we are
proud to support them as they continue to innovate and grow in this important
leisure market.”

Media and communications contact:
Therese Sjöborg Skurdal - Director, Group Marketing and Communications
therese.skurdal@ka-group.com
+47 982 14 059

Investor Relations contact:
investor.relations@ka-group.com

About Kongsberg Automotive ASA
Kongsberg Automotive provides cutting-edge technology to the global vehicle
industry. We drive the global transition to sustainable mobility by putting
engineering, sustainability, and innovation into practice. Our product portfolio
includes driver and motion control systems, fluid assemblies, and industrial
driver interface products. Find more information
at:?kongsbergautomotive.com (https://www.kongsbergautomotive.com/)

Kilde

Bingo123 · desember 23, 2024, 1:39pm

Her går det unna !

TekBot · januar 29, 2025, 6:02am

Trond Fiskum appointed new CEO of Kongsberg Automotive ASA

Kongsberg, January 29, 2025: The Board of Directors of Kongsberg Automotive ASA
has appointed Trond Fiskum as new President and CEO of Kongsberg Automotive ASA.

…

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Trond Fiskum is 53 years old. He holds a MSc from the Norwegian University of
Technology and Science (NTNU) and an MBA from ESADE Business School, Spain. He
has extensive leadership experience from international companies with a solid
track record of delivering strong results.

Trond has a decade of experience from Kongsberg Automotive where he held various
leadership positions from 2005 to 2015. His first appointment was as Managing
Director for Kongsberg Automotive’s operations in Brazil, where he conducted a
remarkable operational restructuring. This was followed by a position as Head of
the Business Area Actuation & Chassis at Kongsberg HQ where he was a member of
KA`s Executive Committee, and finally a position as Head of Strategy and
Business Development.

The Board of Directors would like to emphasize Trond’s experience and knowledge
with Kongsberg Automotive. Trond knows and understands the automotive business,
and the Kongsberg Automotive culture and values. He has a strong track record of
running complex organizational processes involving cost cutting, efficiency
improvements, and growth, with financial and strategic responsibility. His
additional experience from McKinsey further strengthens his ability to address
strategic challenges and implement effective solutions. The Board of Directors
is convinced that Trond, with his personal qualities and broad expertise, has
the right background to restore profitable growth for Kongsberg Automotive and
create value for all its stakeholders.

Since 2015 Trond has resided in Brazil, holding senior positions with Akastor
-owned MHWirth. He is currently VP South America at HMH, a merger between
MHWirth and Baker Hughes SDS. Trond will relocate to Kongsberg and take office
in Kongsberg Automotive HQ. This is an important step in rebuilding the
company’s HQ in Kongsberg. Trond will start as soon as possible after fulfilling
his existing obligations under his current employment contract, and at the
latest by July 1, 2025. In the interim period up until he takes office, CFO
Christian Johansson will act as the interim President and CEO.

The Board of Directors would like to thank Linda Nyquist-Evenrud for her job as
interim CEO and CEO for the last 18 months, and for her hard work, strong
dedication and improvements achieved - like new business wins and cost
reductions programs. According to her employment contract, Linda has been
relieved of her duties with immediate effect.

Media and communications contact:
Therese Sjöborg Skurdal - Director, Group Marketing and Communications
therese.skurdal@ka-group.com
+47 982 14 059

Investor Relations contact:
investor.relations@ka-group.com

About Kongsberg Automotive ASA
Kongsberg Automotive provides cutting-edge technology to the global vehicle
industry. We drive the global transition to sustainable mobility by putting
engineering, sustainability, and innovation into practice. Our product portfolio
includes driver and motion control systems, fluid assemblies, and industrial
driver interface products. Find more information
at:?kongsbergautomotive.com (https://www.kongsbergautomotive.com/)

Kilde

TekBot · januar 31, 2025, 6:01am

Invitation to Kongsberg Automotive’s Q4 2024 Earnings Call

Kongsberg, January 31, 2025: Kongsberg Automotive (KA) will release its Q4 2024
results on Tuesday, February 25, 2025 at approximately 07:00 CET.

…

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Interim President & CEO and CFO Christian Johansson will present the results
during a webcast at 09:00 CET and will host a Q&A session after the
presentation.

The event is open to the public and will be webcast live. The link:
https://channel.royalcast.com/landingpage/hegnarmedia/20250225_7/
(https://secure
-web.cisco.com/1KXJgRSm7_EBivHhW6YgeFMfa9cFq3owCn_n8IxsMWjIso6s0WQfnPk9ha6MlCfxjb
IlkqJk_Yme38T8CVZmCunPOLzhvcHjng0Zx3MUNiEBznR9LsZHhS-aSvKbHocMPWg-_jM4MvIY2
-yFYoj_PDtX5W_ZRYNIQlTunFAznf5aPx91w75gkaHV2itMHKchck1xp01EHAWM2OYiQV1cA5EdJJs8ft
chp0mDkEoUQJzVL_oTYIwXym5SGIqFMCwkLAOn5lNTBWb_MQf8WSGrb59I3RpiGicNvtJ6efPqw5JgvLB
qoL75ewORLP
-bQaHBO/https%3A%2F%2Fchannel.royalcast.com%2Flandingpage%2Fhegnarmedia%2F2025022
5_7%2F)will give you access to the webcast.

The earnings release and presentation will be published on http://www.newsweb.no
and on KA’s website www.kongsbergautomotive.com. The recording of the event will
be made available on the company`s website shortly after the presentation.

Media and Communications contact:
Therese Sjöborg Skurdal - Director Corporate Communications
therese.skurdal@ka-group.com
+47 982 14 059

Investor Relations contact:
investor.relations@ka-group.com

About Kongsberg Automotive ASA
Kongsberg Automotive provides cutting-edge technology to the global vehicle
industry. We drive the global transition to sustainable mobility by putting
engineering, sustainability, and innovation into practice. Our product portfolio
includes driver and motion control systems, fluid assemblies, and industrial
driver interface products. Find more information at:
kongsbergautomotive.com (https://www.kongsbergautomotive.com/)

Kilde

TekBot · februar 5, 2025, 6:49am

Limited negative effects for Kongsberg Automotive related to imposed and potential new tariffs

Kongsberg, February 5, 2025: Kongsberg Automotive (KA) sees limited negative
effects from imposed tariffs on imports from China. KA will seek full
compensation for increased customs tariffs from its customers to recover any
…

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additional costs imposed by these tariffs, similar to what others in the
industry will do. The impact of new tariffs will be limited also with less than
full customer compensation.
President of the United States (US) Donald Trump signed executive orders on Feb
1, 2025, to implement 25% tariffs on Mexican and Canadian goods, while imposing
a 10% duty on Chinese goods. On February 3, 2025, President Trump agreed to hold
off imposing tariffs on Mexico and Canada for 30 days, while the plan to levy
tariffs on China came into effect on February 4, 2025.

“It is important to note that it is not a challenge that KA is facing alone, it
is a global vehicle and automotive industry challenge. KA has the ambition to
fully recover any additional cost related to the imposed tariffs-passing the
cost on to our customers ultimately means that the vehicles will be more
expensive. We see a risk that higher vehicle prices will lower the overall
market demand, which then would impact negatively on KA’s orderbooks,” says KA’s
interim President & CEO and CFO Christian Johansson.
KA has two manufacturing plants in Mexico: In Ramos Arizpe for the Flow Control
Systems product range and in Nuevo Laredo, for the Drive Control Systems and
Driveline product range. KA’s customers are primarily commercial vehicle and
passenger car manufacturers, or Tier 1 suppliers to the automotive industry.
Products are shipped to customer production sites in the US and in Mexico. KA
has three manufacturing sites in the US, selling primarily to US-based
customers. In Canada, KA has a smaller manufacturing plant supplying to
primarily a local Canadian customer.
Based on the information available to date, all material and components sourced
by KA from China to KA’s US plants are subject to increased tariffs. In
addition, materials delivered to KA plants in the US by US suppliers having sub
-supplies from China are on that portion subject to increased customs tariffs.
The customs tariffs increase is estimated to be approximately MEUR 2 for the
full year 2025, based on present purchasing volumes.
Potential tariffs for exports from Mexico to the US will have to be assessed
when the regulations for how this will be implemented will be fully known and if
these tariffs will be imposed. Based on present information, the company’s
assessment is that the negative effect would be fairly limited since the
material and components under temporary import to Mexico from the US are
exempted.
KA is continuously preparing to be able to act quickly if increased tariffs on
Mexican and Canadian goods take effect after the 30-day postponement.

KA believes in the importance of local presence in North America and continues
to have ambitions to increase sourcing locally in the region. As a company, KA
is continuously considering its supplier base footprint based on total landed
cost. Tariffs are one important existing parameter in the sourcing process
today. With the new tariffs in place and preliminary future changes, the
supplier sourcing strategy will be adapted where necessary going forward.

Media and Communications contact:
Therese Sjöborg Skurdal - Director Group Marketing and Communications
therese.skurdal@ka-group.com
+47 982 14 059

Investor Relations contact:
investor.relations@ka-group.com

About Kongsberg Automotive ASA
Kongsberg Automotive provides cutting-edge technology to the global vehicle
industry. We drive the global transition to sustainable mobility by putting
engineering, sustainability, and innovation into practice. Our product portfolio
includes driver and motion control systems, fluid assemblies, and industrial
driver interface products. Find more information at:
https://www.kongsbergautomotive.com

Kilde

OTE · februar 14, 2025, 9:43am

Jævla slitsom den salgsalgoen som ble skrudd på når PAS nedgraderte til hold. Hele tiden små salgsposter som utrettelig kverner den nedover

Robertk · februar 14, 2025, 9:47am

Når man ser på Aksjonærlistene så er det kun utenlandske banker som bytter aksjer mellom seg. Her må vi få resultater fra selskapet som kan skape positiv interesse over tid. Det er bare å holde hodet kaldt og vente, vente og vente…

OTE · februar 14, 2025, 10:00am

Ja, business as usual det dessverre. Utenlandske storbanker handler med seg selv og manipulerer aksjer dit de vil. Med sitt lave volum er jo OSE himmelen for dem, og man ser det gang på gang i de fleste papirer. At de får lov til å holde på slik er en gåte.