Kongsberg Automotive Holdings ASA (LTS:0HW0)
kr 1.37 0 (0%) Market Cap: 1.39 Bil Enterprise Value: 2.75 Bil PE Ratio: 0 PB Ratio: 0.49 GF Score: 57/100
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Q2 2021 Kongsberg Automotive ASA Earnings Call Transcript

Jul 30, 2021 / 07:00AM GMT
Release Date Price: kr2.75 (-6.51%)
Operator

Good day, ladies and gentlemen, and welcome to the second quarter earnings release call hosted by Kongsberg Automotive ASA. Today's conference is being recorded. At this time, I would like to turn the conference over to Joerg Buchheim, the CEO of Kongsberg Automotive. Please go ahead, sir.

Joerg Buchheim
Kongsberg Automotive ASA - CEO & President

Thank you very much, and yes, please let me welcome the entire audience here for our Q2 2021 earnings call. With me together is our CFO, Frank Heffter, who is going to lead us later on in the financials more in detail.

So again, welcome very much, and I would like to start with the executive summary slide and a couple of insights here. Our revenue continuously going out at EUR 300 million and this is best Q2 revenue over the last 4 years, so a very good revenue trend and a lot of tailwind here. Our adjusted EBIT remains on the guidance, and we are at EUR 5.2 million, but it was massively impacted by the global material supply crisis. And certainly, the impact here, we will discuss and explain that more in

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