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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Q3 2022 Kongsberg Automotive ASA Earnings Call Transcript

Nov 08, 2022 / 08:00AM GMT
Release Date Price: kr2.58 (-5.73%)
Mads Langaard
Kongsberg Automotive ASA - Head of IR

So good morning, everyone, and welcome to the Kongsberg Automotive Third Quarter Earnings Call Presentation for 2022. I will soon introduce Mr. Joerg Buchheim, our CEO; and Frank Heffter, our CFO. My name is Mads Langaard, and I'm responsible for the Investor Relations.

Joerg, feel free to start whenever you're ready.

Joerg Buchheim
Kongsberg Automotive ASA - CEO & President

Thank you very much, Mads, as well from my side, a warm welcome to the entire audience. And as usual, I'd like to start with our executive summary. And yes -- the next slide, please. Looking on the numbers, I'm glad to share with you that our revenues increased despite challenging macroeconomical circumstances. So this reflects the 27% growth from the same quarter of 2021.

The numbers fairly to say certainly include positive translation effects of roughly EUR 9.7 million out of translation, foreign currencies into euro. But even with this, we could increase the revenue by 17% which is a very remarkable result. The

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