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16.12.25 - 07:42
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Kongsberg Automotive presents long-term EBIT target following strategy review at Capital Markets Day (Cision)
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Kongsberg, December 16, 2025: Kongsberg Automotive ASA (KA) has conducted a review of its strategy and presents an updated long-term target at its Capital Markets Day (CMD) today. The company has set a long-term EBIT target of 6.5%, based on the current revenue level and identified improvement initiatives.
The company has implemented significant organizational and leadership changes to strengthen execution, reduce overhead, and improve cost efficiency. Cost reduction programs delivering annual savings of EUR 42 million are being implemented, and additional measures are underway to align...
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08.12.25 - 13:12
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Mandatory Notification of Trade - Primary Insiders (Cision)
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Kongsberg, December 8, 2025: Olav Volldal, Chair of the Board of Directors and primary insider of Kongsberg Automotive ASA, has today purchased 150,000 shares at an average price of NOK 2,10 per share. After this transaction, Olav Volldal owns 550,000 shares by himself and through his company Volldal Invest AS in Kongsberg Automotive ASA.
This information was disclosed in accordance with Article 19 of the EU Market Abuse Regulation and Section 5-12 of the Norwegian Securities Trading Act.
Media and Communications contact:
Therese Sjöborg Skurdal - Director Group Marketing and...
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21.11.25 - 09:00
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Kongsberg Automotive: Invitation to Capital Markets Day 2025 (Cision)
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Kongsberg, November 21, 2025: Kongsberg Automotive ASA invites investors, analysts, and other stakeholders to its Capital Markets Day in Kongsberg.
Date: Tuesday, December 16, 2025
Time: 09:00 – 13:00 CET
Location: Dyrmyrgata 48, Kongsberg, Norway
Agenda:
· Presentation of strategic goals and business strategies
· Product highlights
· Tech Center tour
· Lunch
Registration:
Please register by email to therese.skurdal@ka-group.com, no later than December 1, 2025. When registering, please indicate if you require bus transport.
Transport:
Bus transport will be...
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18.11.25 - 07:03
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DNO Continues to Highgrade North Sea Portfolio (GlobeNewswire EN)
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Oslo, 18 November 2025 – DNO ASA, the Norwegian oil and gas operator, today announced the divestment of its 7.604 percent stake in the Ekofisk Previously Produced Fields (PPF) project in license PL018B and PL018F on the Norwegian Continental Shelf to Orlen Upstream Norway AS....
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05.11.25 - 07:01
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Kongsberg Automotive delivers EBIT growth and significant cash flow improvements, despite challenging market (Cision)
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Kongsberg, November 5, 2025: Kongsberg Automotive ASA (KA) has released its Q3 report and its financial results.
Highlights for Q3 2025:
· Revenue MEUR 162.9 (MEUR 181.6)
· EBIT MEUR 4.9 (MEUR 1.1)
· Cash flow MEUR 6.6 (MEUR -5.2)
· Net profit/loss: MEUR 1.6 (-8.3)
· Cost reduction programs progress according to schedule
· Tariff costs were fully mitigated in the quarter
“Despite a challenging market, we delivered positive EBIT and strong cash flow in the third quarter, driven by disciplined cost management and operational improvements. Our cost reduction programs...
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04.11.25 - 22:06
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Norway Wealth Fund Votes No on Musk′s $1 Trillion Award (Bloomberg)
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The world's largest sovereign wealth fund voted against Tesla's proposed $1 trillion pay package. Bloomberg's Craig Trudell discusses what this could mean for the upcoming shareholder vote with Caroline Hyde and Ed Ludlow on “Bloomberg Tech.” (Source: Bloomberg)...
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