Kongsberg Automotive reports strong profitability and continued cash flow improvements
Kongsberg, July 16, 2026: Kongsberg Automotive ASA (KA) has released its results for the second quarter of 2026, reporting significantly higher profitability, continued cash flow improvements and increased capital efficiency in an improving market.
Highlights for Q2 2026:
* Revenue MEUR 193.8 (MEUR 192.4)
* EBIT MEUR 12.0 (MEUR -2.9)
* Net profit/loss: MEUR 5.2 (MEUR -2.0)
* Net cash flow: MEUR 4.3 (MEUR -0.9)
KA delivered a strong performance in Q2 2026, driven by operational improvements, structural cost reductions and continued focus on cost discipline. Revenues remained broadly stable year-on-year, with sequential growth reflecting seasonal demand patterns and signs of improving market stability.
"The results delivered in the first half of 2026 reinforce my confidence in KA's future. We have improved profitability, strengthened cash flow and increased capital efficiency, while taking decisive actions to simplify and strengthen the business. During the quarter, we announced the consolidation of our manufacturing footprint in China and initiated a restructuring process in France to improve competitiveness. While challenges remain, the positive momentum across our business gives me confidence that we are building a stronger and more competitive company, well positioned to continue creating value for our shareholders," says Trond Fiskum, President & CEO.
Earnings presentation -- earnings call
The Company will hold an earnings conference call at 09:00 (CET) today. To join the live webcast, use the following link: https://qcnl.tv/p/hKnlSt-MMlS-Dpu9MHBaIg.
The earnings release, presentation and a recording of the webcast will be published on www.newsweb.com and on KA's website (https://www.kongsbergautomotive.com/), shortly after the event.
This information is considered to be inside information pursuant to the EU Market Abuse Regulation and is subject to the disclosure requirements pursuant to section 5 12 of the Norwegian Securities Trading Act.
Investor relations contact:
Erik Magelssen - Chief Financial Officer
Erik.Magelssen@ka-group.com
+47 928 88 728
Media contact:
Therese Sjöborg Skurdal - Director Group Marketing & Communications
therese.skurdal@ka-group.com
+47 982 14 059
About Kongsberg Automotive ASA Kongsberg Automotive provides cutting-edge technology to the global vehicle industry. We drive the global transition to sustainable mobility by putting engineering, sustainability, and innovation into practice. Our product portfolio includes driver and motion control systems, fluid assemblies, and industrial driver interface products. Find more information