Kongsberg Automotive’s EBITDA for the fourth quarter of 2014 fell 10.53% to EUR17m from EUR19m a year ago.

EBIT fell 32.14% to EUR5.7m from EUR8.4m and net loss widened to EUR18.1m from EUR4.3m.

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Revenues were down 15.58% to EUR204.3m (US$232.85m) from EUR242m. 

Full year EBITDA declined to EUR97m from EUR97.1m but EBIT was up 3.01% to EUR54.8m from EUR53.2m.

Net profit fell 18.18% to EUR5.4m from EUR6.6m on revenues down 1.19% to EUR979.1m.

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