Kongsberg Gruppen Reports Strong Q1 2025 Performance

Kongsberg Gruppen ASA ( (NSKFF) ) has released its Q1 earnings. Here is a breakdown of the information Kongsberg Gruppen ASA presented to its investors.

Kongsberg Gruppen ASA is a prominent Norwegian technology company specializing in the defense, maritime, and aerospace sectors, known for its innovative solutions and global reach. In the first quarter of 2025, Kongsberg Gruppen reported a strong financial performance with significant growth in operating revenues and profitability, alongside a substantial order intake of nearly NOK 21 billion. The company experienced a 28% increase in revenues compared to the same quarter last year, driven by higher delivery volumes in its defense and maritime sectors, and a successful integration of Kongsberg Digital’s maritime portfolio into Kongsberg Maritime. Key financial metrics included an EBIT of MNOK 2,892 and a robust order backlog of NOK 134 billion, reflecting the company’s strategic expansions and acquisitions. Looking ahead, Kongsberg Gruppen is well-positioned for continued growth, supported by a strong order backlog and strategic investments in capacity expansion, despite geopolitical uncertainties.