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Kongsberg Gruppen’s Strong Growth and Future Ambitions

Kongsberg Gruppen’s Strong Growth and Future Ambitions

Kongsberg Gruppen ASA (NSKFF) has released an update.

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Kongsberg Gruppen ASA reports robust growth in Q2 with order backlog reaching NOK 95.6 billion, driven by demand from defense and civilian sectors. Revenue surged by 21% to NOK 11.59 billion, while EBITDA and EBIT margins also saw a significant increase. The company opened a new missile factory and aims to triple revenues by 2033, targeting over NOK 120 billion with an EBIT margin above 15%.

For further insights into NSKFF stock, check out TipRanks’ Stock Analysis page.

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