Kongsberg Automotive's revenues for the third quarter of 2015 was up 2.6% to EUR234.5m (US$267.68m) compared with EUR228.6m in the third quarter of 2014. EBITDA was down 3.41% to EUR22.7m from EUR23.5m. Its EBIT declined 12.88% to EUR11.5m from EUR13.2m in the same period in 2014. Its loss before taxes narrowed to $5.5m compared to a profit of $10.7m. The company's loss for the period was EUR3.7m compared to a profit of EUR7.1m.
The company's revenues for the first nine months of 2015 were up 4.29% to EUR770.5m from EUR738.8m. Its EBITDA was down 2.62% to EUR77.9m compared with EUR80m. Its EBIT was down 52.44% to EUR23.4m compared with EUR49.2m. The loss before taxes narrowed to $3.4m compared to a profit of $35.7m. The company's loss for the period was EUR7.4m compared to a profit of EUR23.5m.
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