Kongsberg Automotive s transformation continues to deliver stronger earnings
Kongsberg, October 22, 2026: Kongsberg Automotive ASA (KA) has released its results for the third quarter of 2026, reporting increased revenues and stronger earnings. KA's transformation continues to deliver tangible results, with improved profitability and capital efficiency.
Highlights for Q3 2026 (Q3 2025 in brackets):
* Revenue MEUR 185.2 (MEUR 162.9) * EBIT MEUR 9.0 (MEUR 4.9) * Net profit: MEUR 6.4 (MEUR 1.6) * Net cash flow: MEUR 2.2 (MEUR 6.6)
Revenues increased to MEUR 185.2 from MEUR 162.9 in Q3 2025, primarily driven by stronger sales to commercial vehicle markets in North America. EBIT increased to MEUR 9.0, corresponding to a margin of 4.8%, compared with MEUR 4.9 and a margin of 3.0% in Q3 last year. The improvement reflects higher activity levels and stronger operational performance.
Alongside the continued progress in financial and operational performance, KA remains focused on profitable growth and long-term value creation. During the quarter, KA secured contracts with estimated lifetime revenues of MEUR 142.0, consisting of both incremental new business and extensions of existing contracts. New contracts are being secured on improved commercial and contractual terms, reflecting KA's focus on the quality and profitability of new business.
"I am encouraged by the progress we are making. The actions taken over the past year are increasingly translating into tangible financial results. These results reflect a broader transformation of Kongsberg Automotive into a more focused, disciplined and accountable company. We will continue to raise our ambitions and execute with discipline as we build a more profitable, capital-efficient, and resilient company capable of creating long-term value for our shareholders," says Trond Fiskum, President & CEO.
Additionally, on October 21, 2026, the Board of Directors approved a new Dividend Policy aimed at providing shareholders with competitive and sustainable returns over time. The Dividend Policy is available on KA's website.
Earnings presentation -- earnings call The Q3 2026 results will be presented at 09:00 CET today, October 22, 2026, at Danske Bank, Aker Brygge, Bryggetorget 4, Oslo. The presentation will be held in English by President & CEO Trond Fiskum and CFO Erik Magelssen. The earnings release and presentation will be published on www.newsweb.com (http://www.newsweb.com/) and on KA's website (https://www.kongsbergautomotive.com/). To access the live webcast of the presentation, use the following link: Kongsberg Automotive Webcast Q3 2026 (https://qcnl.tv/p/8xx-nKHZiUpvyyhL-eCX6A).
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 develops and manufactures advanced products for the global vehicle industry and operates in 16 countries with approximately 4,200 employees. The company is headquartered in Kongsberg and listed on the Oslo Stock Exchange. More information at: www.kongsbergautomotive.com
This information is subject to disclosure under the Norwegian Securities Trading Act, §5-12. The information was submitted for publication, through the agency of the contact persons set out above, at 2026-10-22 07:00 CEST.