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KOG — Kongsberg Gruppen ASA News Story

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Brief: Kongsberg Q2 Revenue NOK 10.4 Billion, Above IBES Estimate

BRIEF-Kongsberg Q2 Revenue NOK 10.4 Billion, Above IBES Estimate

- 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

Source

Further company coverage: KOG.OL


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