Kongsberg Automotive Holdings ASA (OSTO:KOAo)
kr 1.77 0 (0%) Market Cap: 1.59 Bil Enterprise Value: 2.96 Bil PE Ratio: 0 PB Ratio: 0.69 GF Score: 61/100

Q4 2019 Kongsberg Automotive ASA Earnings Call Transcript

Feb 27, 2020 / 08:00AM GMT
Release Date Price: kr8.98
Operator

Good day and welcome to the Kongsberg Automotive Q4 2019 Earnings Call.

At this time, I would like to turn the call over to President and CEO, Henning Jensen. Please go ahead, sir.

Henning Eskild Jensen
Kongsberg Automotive ASA - CEO & President

Thank you, operator, and welcome, everyone, and thanks for showing interest in our company. Today, we're going to go through our Q4 results. We're also going to talk a little bit about full year 2019 as well as try to give you an outlook for at least part of 2020. A little bit of uncertainty in the marketplace, so you got to bear with us for a slightly lower level of detail than what we normally have.

With me today, I have our CFO, Norbert Loers. You're going to hear from him once we start getting into the financials. So let's jump right into it.

Let's flick over to Slide #3, which is the 2019 fourth quarter highlights.

From a revenue standpoint, year-over-year, we've declined for the first time in 2019 by EUR 7.5 million and achieved revenues of, give or take, EUR 281 million

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