Key Developments: Kongsberg Automotive Holding ASA (KOA.OL)

KOA.OL on Oslo Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Kongsberg Automotive Holding ASA issues Q3 2014 revenue outlook below analysts' estimates
Thursday, 10 Jul 2014 12:01pm EDT 

Kongsberg Automotive Holding ASA:Says the market outlook for Q3 FY 2014 indicates revenue level of 230 million euros.Q3 FY 2014 revenue at 240.33 mln euros-Thomson Reuters I/B/E/S.  Full Article

Kongsberg Automotive Holding wins contract worth 119 mln euros
Friday, 27 Jun 2014 05:10am EDT 

Kongsberg Automotive Holding ASA:Says it has received nomination from European OEM for supply of gear shifters for both automatic transmissions featuring shift by wire and manual transmissions.Shifters to be used in D Segment cars which will be sold in Europe.Contract has estimated total value of 119 million euros over seven years.Production supply will start in fourth quarter of 2015.  Full Article

Kongsberg Automotive Holding wins 15.4 mln euros contract with OEM
Monday, 16 Jun 2014 04:00am EDT 

Kongsberg Automotive Holding ASA:Wins seven year agreement with European automaker for supply of seat comfort systems to one of its flagship vehicle platforms.Contract is worth estimated 15.4 mln euros (125 mln Norwegian crowns) over its lifetime.Production scheduled to start in Q1 2016 from company's facility in Pruszkow, Poland.  Full Article

Kongsberg Automotive Holding wins North American contract
Thursday, 5 Jun 2014 03:06am EDT 

Kongsberg Automotive Holding ASA:Says it has secured a five-year agreement with a North American seat and interior manufacturer for the supply of arm rests to two vehicles in the North American market.The contract has an estimated life time value of 11.4 million euros.Production of the arm rests will begin in the third quarter of 2015 from the company's facility in Milan, Tennessee.  Full Article

Kongsberg Automotive receives EUR 8 mln order from SUV maker
Tuesday, 20 May 2014 01:30am EDT 

Kongsberg Automotive Holding ASA:Says the company's Fluid Transfer business area is to supply air suspension lines to a luxury SUV maker.Contract duration seven years.Estimated total contract value 8 million euros over contract duration.Production under the contract is scheduled to start in 2016 at Kongsberg Automotive's facility in Normanton, United Kingdom.  Full Article

Kongsberg Automotive Holding issues Q2 2014 revenue guidance below analysts' estimates
Thursday, 10 Apr 2014 11:05am EDT 

Kongsberg Automotive Holding ASA:Expects revenues for the second quarter 2014 at about 250 million euros.Q2 revenue of 265.67 million euros - Thomson Reuters I/B/E/S.  Full Article

Kongsberg Automotive Holding ASA acquires ePower Nordic AB joint venture
Tuesday, 8 Apr 2014 03:28am EDT 

Kongsberg Automotive Holding ASA:Says it has decided to acquire 100 pct ownership in ePower Nordic AB, joint venture between the company and QRTECH AB.EPower joint venture was established in 2011.Cooperation with the former JV partner QRTECH will continue through exclusive service agreement.Further details were not disclosed.  Full Article

Kongsberg Automotive Holding ASA wins new contract
Wednesday, 26 Mar 2014 03:16am EDT 

Kongsberg Automotive Holding ASA:Says it has been awarded a contract from a European OEM for the supply of On-Board Chargers (OBC) for the OEM's Plug-in Hybrid Vehicles.Says estimated total value of the contract is 10 mln euros over its duration.OBC will be used in Plug-in Hybrid City Buses and later also in other vehicles.Production under the contract will start in the fourth quarter of 2015 from KA's production facility in Mullsjo in Sweden.  Full Article

Kongsberg Automotive wins EUR 15 mln contract for fuel lines
Tuesday, 25 Mar 2014 09:39am EDT 

Kongsberg Automotive Holding ASA:Says the Fluid Transfer is to supply fuel hose assemblies to a manufacturer in the premium SUV segment.Contract value 5 million euros (125 million Norwegian crowns).Contract duration six years.Production will commence in 2016 at Kongsberg Automotive's Normanton facility in the North of England.  Full Article

Kongsberg Automotive announces European contract for driveline worth EUR 10 mln
Tuesday, 4 Mar 2014 10:14am EST 

Kongsberg Automotive Holding ASA:Receives contract from a European OEM for supply of a complete manual gear shifter system.Estimated total value of the contract, which is an extension of existing business, is 10 million euros (82 million Norwegian crowns) over its duration.The shifter system will be used in C Segment cars which will be sold in Europe.Production under the contract will start in Q2 2015 from KA's production facility in Cluses, France.  Full Article

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