Kongsberg Automotive’s Q1 revenue declines 15% y/y to USD289.6 million

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Financial results

First quarter of 2020 results were negatively impacted by the COVID-19 pandemic

Kongsberg Automotive’s revenues declined by 15% y/y to EUR262 million (USD289.6 million) in the first quarter of 2020, Norway-based auto parts supplier said in a press release on 22 April.

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