Kongsberg Automotive Asa · OSL:KOA
Kongsberg Automotive Asa — Corporate Update (June 2020)
6 slides from Kongsberg Automotive Asa's corporate update, Jun 26, 2020
Slide 1: Trading update – update to Investor Presentation from May 19, 2020
Kongsberg Automotive Trading update – update to Investor Presentation from May 19, 2020 June 26, 2020
Slide 2: Disclaimer
Kongsberg Automotive Disclaimer This presentation should be read together with the investor presentation dated 19 May 2020. Readers should in particular refer to the risk factors set out on page 4-7 of the investor presentation dated 19 May 2020. Forward-Looking Statements This presentation contains
Slide 3: Update to the Investor presentation from May 19th based on recent events
Update to Investor Presentation Update to the Investor presentation from May 19th based on recent events ▪ Since completing the Private Placement on June 15th, the overall business environment has improved slightly versus the previous assumptions made by Kongsberg Automotive (“KA” or the “Company”).
Slide 4: Impairment of assets as a result of the market downturn from the Corona Pandemic
Update to Investor Presentation Impairment of assets as a result of the market downturn from the Corona Pandemic ▪ Given the abrupt market declines driven by the Corona Pandemic, the underlying assumptions in KA’s impairment testing have changed since the end of 2019, the time of our last impairment
Slide 5: Revenue Update – based on MTD June performance
Update to Investor Presentation- Revenues Revenue Update – based on MTD June performance ▪ In the Investor presentation of 19 May 2020, we presented alternative scenario models for estimated liquidity needs with three cases; high, medium and low. Currently, we are operating at levels approximately a
Slide 6: KPI and liquidity need impact for Kongsberg Automotive
Update to Investor Presentation- Liquidity Need KPI and liquidity need impact for Kongsberg Automotive ▪ The below table provides the updated expected liquidity needs from the Medium and Low cases: (Euro 000) 2020 Medium 2021 Medium 2020 Low 2021 Low Revenues 884,430 1,068,169 884,430 1,043,000 EBIT