Q4 2018 Kongsberg Automotive ASA Earnings Call Transcript
Welcome to the Kongsberg Automotive Quarter 4 2018 Earnings Announcement Presentation on February 28, 2019. (Operator Instructions)
I will now hand the presentation to Henning Jensen, President and CEO. Please go ahead, sir.
Thank you, operator, and thank you for showing interest in Kongsberg Automotive and our Q4 earnings release. I will jump right into the slide package. I think we had a pretty solid fourth quarter last year.
I'll quickly go through the highlights on Slide 2. From a top line perspective, we had a little bit more than 7% growth year-over-year. We earned EUR 288 million worth of revenues. That includes a EUR 1 million negative FX effect.
As far as booked business, as we basically kept telling everyone throughout the year, our bookings were much more evenly distributed in 2018 than in previous years. We did book EUR 77 million worth of expected revenues on an annual basis in the fourth quarter. From a lifetime perspective, that translates into an
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