Kongsberg Gruppen ASA (NSKFF) has released an update.
Don't Miss Our Christmas Offers:
- Discover the latest stocks recommended by top Wall Street analysts, all in one place with Analyst Top Stocks
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
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.