tiprankstipranks
Kongsberg Gruppen Sees Strong Growth and Secures Major Contracts
Company Announcements

Kongsberg Gruppen Sees Strong Growth and Secures Major Contracts

Kongsberg Gruppen ASA (NSKFF) has released an update.

Pick the best stocks and maximize your portfolio:

Kongsberg Gruppen ASA reported a 19% revenue growth in Q3 2024 compared to the previous year, driven by increased demand in the maritime and defense sectors. With a record-high order backlog and strategic investments in technology and facility expansion, the company is well-positioned to capitalize on the growing need for security and sustainable solutions across global markets. Notably, the company secured its largest air defense contract to date with the Dutch government, highlighting its strong market presence.

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

Related Articles
TipRanks European Auto-Generated NewsdeskKongsberg Secures Major NASAMS Contract Boosting Norway’s Defense
TipRanks European Auto-Generated NewsdeskKongsberg Secures Major Defence Contract with Netherlands
TipRanks European Auto-Generated NewsdeskKongsberg’s Landmark Missile Deal with US Navy
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App