Kongsberg Automotive Asa · OSL:KOA
Kongsberg Automotive Asa — Merger or Acquisition (October 2021)
12 slides from Kongsberg Automotive Asa's merger presentation, Oct 29, 2021
Slide 1: Kongsberg Automotive Divests its ICS and LDC Businesses
IR & MEDIA CALL KONGSBERG AUTOMOTIVE DIVESTS ITS ICS AND LDC BUSINESSES OCTOBER 29, 2021
Slide 2: Context: Shift Gear Program and the Transactions
IR & Media Call CONTEXT SHIFT GEAR PROGRAM AND THE TRANSACTIONS 1. IMPROVE PERFORMANCE OUR AMBITION >>> 2. PRODUCT PORTFOLIO TRANSFORMATION BECOMING SECOND TO NONE 3 . S T R E N G T H E N S U S T A I NA B I L I T Y in all we do ON OUR WAY TO A “NEW” Be the top global supplier in any area KONGSBERG A
Slide 3: Context: Shift Gear Program
IR & Media Call CONTEXT SHIFT GEAR PROGRAM 1. IMPROVE PERFORMANCE 2. PRODUCT PORTFOLIO TRANSFORMATION > Shift Gear portfolio transformation aims 3 . S T R E N G T H E N S U S T A I NA B I L I T Y to ensure KA is a top-3 supplier in all its product areas > two divestments signed (after the balance-sh
Slide 4: Overview of the Two Divestments
IR & Media Call OVERVIEW OF THE TWO DIVESTMENTS INTER IOR COMFORT SYSTEMS (ICS) LIGHT-DUT Y CABLES BUSINES S (LDC) Lear Corporation and Kongsberg Suprajit Engineering Limited and Automotive entered into sales Kongsberg Automotive entered into agreement for Interior Comfort Systems sales agreement fo
Slide 5: ICS: Why the Transaction Makes Sense
IR & Media Call ICS WHY THE TRANSACTION MAKES SENSE FOR ICS BUSINES S FOR ICS EMPLOYEES > Market Trend towards vertical integration > Joining a respected dedicated automotive and intelligent seats seating powerhouse where it’s all about > Joining forces instead of facing a seats customer-turned-comp
Slide 6: ICS Global Footprint
IR & Media Call ICS GLOBAL FOOTPRINT SWEDEN ~3,800 9 POLAND EMPLOYEES IN PRUSZKOW BRZESC* UK USA COUNTRIES WORLDWIDE FRANCE GERMANY MEXICO INDIA REYNOSA PUNE CHINA SHUOFANG PLANT SITE OFFICE TECHNICAL CENTER * Minimum 90%
Slide 7: LDC: Why the Transaction Makes Sense
IR & Media Call LDC WHY THE TRANSACTION MAKES SENSE FOR LDC BUSINES S FOR LDC EMPLOYEES > Further growth perspective for LDC at KA as > Ideal environment with promising perspectives one out of the six product units competing for in multicultural environment transformation was limited. > Suprajit app
Slide 8: LDC Global Footprint
IR & Media Call LDC GLOBAL FOOTPRINT ~1,300 EMPLOYEES IN 4 COUNTRIES USA BROWNSVILLE 3 PLANTS HUNGARY MEXICO SIOFOK HUNGARY CHINA MEXICO 1 WAREHOUSE MATAMOROS USA CHINA SHANGHAI PLANT SITE OFFICE TECHNICAL CENTER WAREHOUSE
Slide 9: Preliminary Outlook: Transaction Impacts
IR & Media Call PRELIMINARY OUTLOOK TRANSACTION IMPACTS RATIONALE IMPACT OF ICS DIVESTMENT IMPACT OF LDC DIVESTMENT €175M €37.7M > IMPROVED FOCUS IMPROVES FUTURE PROFITABILITY > We are evaluating and developing our TRANSACTION TRANSACTION technology-driven business towards VALUE VALUE e-mobility in
Slide 10: Outlook: Building the New KA
IR & Media Call OUTLOOK BUILDING THE NEW KA We concentrate our full focus on Proceeds from the sale provide A strategy update on “Kongsberg > ON-HIGHWAY > P&C, new product opportunities Automotive’s future mobility innovations that support > To focus on profitable growth with solutions” will follow
Slide 11: Q&A
Q&A
Slide 12: Kongsberg Automotive
KONGSBERG AUTOMOTIVE
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