Kongsberg Automotive (KOA) CMD 2025 Presentation summary

Strategic direction and leadership renewal

• New board and executive team appointed in 2024–2025, bringing deep industry experience and a focus on long-term value creation.

• Organizational structure streamlined, eliminating or merging corporate functions and granting business areas full P&L responsibility.

• Emphasis on a performance-oriented culture, accountability, and operational excellence.

• Turnaround program underway, targeting improved execution, cost management, and innovation.

Financial guidance and targets

• Long-term EBIT target set at 6.5%, up from a current level of 0.7% (LTM Q4 2024–Q3 2025).

• EBIT improvement to be achieved through reduced overhead (2–3% pts), operational improvements (0.5–1.0% pts), warranty cost reduction (1–2% pts), and structural changes (1–1.5% pts).

• Overhead cost reduction program aims for €42M annual savings, with full effect from Q3 2026.

• No specific revenue target set due to market uncertainties, but growth ambition remains.

Operational and structural initiatives

• Cost reduction programs include plant and office consolidations, such as closing the Ljungsarp plant and Zürich office by 2026.

• Warranty management strengthened with a new team and enhanced processes for faster resolution and reduced costs.

• AI-driven process improvements and cross-functional teams to drive efficiency and margin gains.