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Kongsberg Gruppen ASA (NSKFF)
:NSKFF
Earnings Data
Report Date
May 08, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
0.71Last Year’s EPS
0.57Same Quarter Last Year
Moderate Sell
Based on 3 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Feb 07, 2025
|% Change Since: -8.91%
|Next Earnings Date:May 08, 2025
Earnings Call Sentiment|Positive
The earnings call emphasizes strong financial growth, record order intake, and strategic investments, highlighting Kongsberg's competitive position. However, there are concerns about margin pressures in the Defence & Aerospace segment and seasonal cost issues in Maritime.Company Guidance
In the call, Kongsberg provided comprehensive guidance on its fiscal year 2024 performance and future outlook. The company reported a significant increase in revenues, up 20% to NOK 48.9 billion, with Kongsberg Maritime leading with a 23% growth rate. The EBIT rose to NOK 6.5 billion, reflecting a margin improvement to 13.3%. The order intake reached a record NOK 87.8 billion, resulting in a book-to-bill ratio of 1.8 and an order backlog of NOK 127.9 billion. Investments in R&D were highlighted, with a self-funded portion of NOK 2.7 billion. The company also outlined its strategic moves, including a NOK 10 billion contract with the U.S. Navy and the acquisition of Naxys Technologies. Looking forward, Kongsberg expressed optimism about continued growth in 2025, backed by secured orders worth NOK 35 billion and strong demand across its portfolio, particularly in defense and maritime sectors. The company also announced a proposed total dividend of NOK 22 per share for 2024, signaling confidence in its financial health and future prospects.Record Order Intake and Backlog Growth
Kongsberg signed orders worth almost NOK 88 billion in 2024, increasing the order backlog to almost NOK 128 billion. Significant contracts include a NOK 10 billion contract with the U.S. Navy for the Naval Strike Missile and a NOK 12 billion contract for air defense deliveries to the Netherlands.
Strong Financial Performance in 2024
Revenues increased by 20% to NOK 48.9 billion. EBIT for the year was NOK 6.5 billion with an operating margin of 13.3%, up 2 percentage points from the previous year.
Significant Investments in R&D and Expansion
Kongsberg invested NOK 2.7 billion in self-funded R&D, resulting in new products like the drone detection radar system. Expanded operations include new facilities in Norway, Australia, the U.S., and India.
Dividend Increase and Share Split Proposal
The Board proposed an increased ordinary dividend of NOK 10 per share and an additional dividend of NOK 12 per share, totaling NOK 22 per share for 2024. A 5:1 share split is also proposed.
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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 |
|---|---|---|---|
| Feb 07, 2025 | $118.21 | $118.21 | 0.00% |
| 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% |
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 May 08, 2025, TBA Not Confirmed.
What is Kongsberg Gruppen ASA (NSKFF) earnings time?
Kongsberg Gruppen ASA (NSKFF) earnings time is at May 08, 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 2025 (Q1) is 0.71.
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