Kongsberg Automotive Holdings ASA (OSL:KOA)
kr 1.544 -0.032 (-2.03%) Market Cap: 1.43 Bil Enterprise Value: 2.73 Bil PE Ratio: 0 PB Ratio: 0.57 GF Score: 68/100

Kongsberg Automotive ASA - Special Call Transcript

Apr 03, 2020 / 08:00AM GMT
Release Date Price: kr2.7 (-19.98%)
Henning Eskild Jensen
Kongsberg Automotive ASA - CEO & President

Thank you, everyone, for connecting and dialing into the Kongsberg Automotive Business Update in conjunction with the impact that the coronavirus has in our business. We've had a little bit of difficulty setting up this call. So as opposed to what we normally do, which is to open up for Q&A with voice, after we're done presenting, instead of that, we'll have to only interface questions and answers through the web. So if you do have questions, please post the questions on the web, and I will try to answer those as they come in after we're done with essentially going through our verbal presentation.

We -- I'm here together with Norbert Loers, our CFO, and we did post a press release this morning, which, in our opinion, is a pretty dramatic press release. As you're all aware, the whole economy is extremely impacted by the coronavirus. That is, of course, also, and in my opinion, especially true for the global automotive industry with this various complex and chained supply chains. So essentially, when one place starts closing

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