Q2 2020 Kongsberg Automotive ASA Earnings Call Transcript
Good day, and welcome to the Kongsberg Automotive ASA Q2 2020 Earnings Announcement Conference Call.
At this time, I would like to turn the conference over to Mr. Henning Jensen, President and CEO. Please go ahead, sir.
Thank you, operator, and welcome everyone to our Q2 earnings call. And as is probably not a surprise to any one of you, Q2 was an extremely eventful quarter for us, obviously, driven by the outbreak and the global spread of the coronavirus. We've been doing a lot of communications with the investor community, obviously, in addition to customer and suppliers, et cetera, et cetera, in order to basically deal with all the effects from this. We've been extremely active on the investor communication front, obviously, very related to the capital increase that we did complete.
And the second quarter of 2020 probably goes into the history as one of the worst quarters we ever had. That's kind of the bad news. The good news is that things are recovering. They're recovering at decent rates. We
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