- Ebitda: NOK1.82 billion, a 31% increase year-over-year, beating estimates of NOK1.61 billion.
- Revenue: NOK11.59 billion, up 21% year-over-year, higher than the estimated NOK11.11 billion.
- Ebitda Margin: 15.7%, improved from 14.4% last year, and above the estimated 14.1%.
- Orders: NOK17.28 billion, a significant 64% increase year-over-year, surpassing estimates of NOK13.01 billion.
- Backlog: NOK95.6 billion, exceeding the estimate of NOK92.77 billion.
- Diluted EPS: NOK6.79, compared to NOK4.38 last year and above the estimate of NOK5.42.
- CEO Comment: The USAF’s selection of the Joint Strike Missile “could be a significant revenue driver for the defense area in the years to come,” according to CEO Geir Haoy.
- Analyst Ratings: 5 buys, 5 holds, 1 sell.
A look at Kongsberg Gruppen Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 2 | |
| Growth | 5 | |
| Resilience | 4 | |
| Momentum | 5 | |
| OVERALL SMART SCORE | 3.6 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Based on the Smartkarma Smart Scores, Kongsberg Gruppen shows a promising long-term outlook. With a high Growth score of 5 and Momentum score of 5, the company demonstrates strong potential for future expansion and market performance. This indicates that Kongsberg Gruppen is well-positioned for continuous growth and has positive momentum in its operations.
Additionally, the company scores well in Resilience with a score of 4, suggesting a robust ability to withstand economic downturns or industry challenges. Although the Value and Dividend scores are more moderate at 2, Kongsberg Gruppen‘s strengths in growth, momentum, and resilience highlight a solid foundation for long-term success in the aerospace and defense industry.
Summary: Kongsberg Gruppen ASA is a developer, manufacturer, and marketer of high-technology aerospace and defense products. The company specializes in anti-ship missiles, launchers, missile control systems, weapon control systems, and maritime and air traffic surveillance systems, serving armed forces in Norway and beyond.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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