Brief: Kongsberg Q2 Revenue NOK 10.4 Billion, Above IBES Estimate
BRIEF-Kongsberg Q2 Revenue NOK 10.4 Billion, Above IBES Estimate July 13 (Reuters) - Kongsberg Gruppen ASA KOG.OL:
Q2 REVENUE NOK 10,389 MILLION VERSUS IBES ESTIMATE NOK 10,163 MILLION
Q2 EBIT NOK 1.7 BN
Q2 ORDER INTAKE NOK 17,067 MILLION
ORDER BACKLOG NOK 158 BN
EXPECTS 2026 REVENUE GROWTH ABOVE 2025 LEVEL
DEMAND FOR MISSILES, AIR DEFENCE SYSTEMS, AND WEAPON STATIONS REMAINS HIGH
NOK 21 BN OF BACKLOG TO BE DELIVERED DURING REST OF 2026
WE CONTINUE TO SEE GROWING DEMAND FOR AUTONOMOUS UNDERWATER VEHICLES
WE ARE INVESTING IN ADDITIONAL CAPACITY TO ENSURE DELIVERY ON OUR CURRENT ORDER BACKLOG
WE EXPECT TO INCREASE INVESTMENTS IN SELF-FUNDED DEVELOPMENT PROGRAMMES
FINANCIAL AMBITIONS OF ACHIEVING REVENUES OF NOK 100 BILLION BY 2029 AND NOK 150 BILLION BY 2033
Further company coverage: KOG.OL
(Gdansk Newsroom)
((gdansk.newsroom@thomsonreuters.com; +48 58 7696600;))
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