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Kongsberg Gruppen ASA (NSKFF)
:NSKFF
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Earnings Data
Report Date
Feb 07, 2025TBA Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
0.79Last Year’s EPS
0.57Same Quarter Last Year
Based on 1 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Oct 26, 2018
|% Change Since: 7.80%
|Next Earnings Date:Aug 24, 2018
Earnings Call Sentiment|Neutral
The earnings call reflects a strong performance with significant revenue growth and a record order backlog, driven by high demand across business areas. However, challenges such as limited shipyard capacity, negative EBIT in Kongsberg Digital, and margin pressures provide a balanced view.Company Guidance
During the Q3 2024 earnings call for Kongsberg (KOG.OL), the executives provided a robust financial outlook, highlighting several key metrics. The company reported an EBIT of nearly NOK 1.9 billion, showcasing strong profitability driven by a 19% year-on-year increase in total revenues to NOK 11.92 billion. Kongsberg Maritime was a significant contributor, achieving a 30% revenue growth to NOK 6.49 billion and an EBIT margin of 17.1%. Meanwhile, Kongsberg Defence & Aerospace recorded NOK 4.26 billion in revenues, marking an 8% increase compared to the previous year. The group maintained a solid cash position of NOK 7.1 billion and a net working capital of negative NOK 60 million, indicating efficient operations amidst high demand. Notably, Kongsberg Discovery achieved a book-to-bill ratio of 1.1, reflecting strong order intake. The company continues to anticipate growth, supported by a record order backlog of almost NOK 97 billion.Record High Order Backlog
Achieved a record high order backlog of almost NOK 97 billion, providing a foundation for further growth.
Strong Revenue Growth
Kongsberg delivered a total of NOK 11.92 billion in revenues for Q3, a year-on-year increase of 19%.
Kongsberg Maritime Performance
Kongsberg Maritime delivered record revenues at NOK 6.49 billion, an increase of 30%, and was the main contributor to profitability.
Improved EBIT Margin
The group achieved an EBIT margin of 15.7%, up from 12.7% last year.
Expansion in Missile Production
Announced expansion of missile production to the U.S. and Australia, reflecting growth potential.
Kongsberg Defence & Aerospace Order Intake
Order intake was NOK 4.7 billion, slightly above the previous year, with significant orders like the Joint Strike Missile from Australia.
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NSKFF Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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NSKFF Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Oct 24, 2024 | $99.89 | $106.28 | +6.40% |
| Jul 10, 2024 | $84.23 | $95.35 | +13.20% |
| Apr 30, 2024 | $69.70 | $71.60 | +2.73% |
| Feb 09, 2024 | $51.36 | $59.06 | +14.99% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Kongsberg Gruppen ASA (NSKFF) report earnings?
Kongsberg Gruppen ASA (NSKFF) is schdueled to report earning on Feb 07, 2025, TBA Not Confirmed.
What is Kongsberg Gruppen ASA (NSKFF) earnings time?
Kongsberg Gruppen ASA (NSKFF) earnings time is at Feb 07, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is NSKFF EPS forecast?
NSKFF EPS forecast for the fiscal quarter 2024 (Q4) is 0.79.
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