** Shares in Kongsberg Gruppen KOG.OL rise over 15% after company reported a bigger than expected rise in Q4 operating profit
** Q4 EBIT was at NOK 2.46 billion ($251.78 million), beating DKK 2.07 billion predicted in an LSEG poll of analysts
** Arctic Securities says revenue grew 21% year-on-year to NOK 16.8 billion, beating estimates, with an adjusted EBIT margin of 14.7%
** Kongsberg Defence & Aerospace (KDA) was a key driver, with 44% revenue growth and margins rising to 19% on a favourable mix and higher volumes
** The brokerage points to a dividend per share of NOK 5.70, roughly 10% above estimates, and a solid order intake of around NOK 32 billion
** Out of 9 analysts that cover Kongsberg Gruppen, four rate the stock "strong buy" or "buy" and five rate "hold" - LSEG data
($1 = 9.7703 Norwegian crowns)
(Reporting by Agnieszka Olenska)
((Agnieszka.Olenska@thomsonreuters.com;))