Kongsberg Q3 revenue jumps 50% as order intake surges

what happened

Kongsberg Gruppen ASA, the Norwegian technology and defence group, said on Thursday that its third-quarter revenue rose 50%. According to TradingView, citing RTTNews and dpa-AFX, revenue reached 11.33 billion Norwegian crowns, compared with 7.57 billion a year earlier. The main driver was order intake, which came in at 23.3 billion crowns against 9.5 billion in the same period last year.

EBITDA climbed to 2.28 billion crowns from 1.45 billion, with the margin rising to 20.2% from 19.2%. EBIT was 1.86 billion crowns, up from 1.12 billion, and the EBIT margin widened to 16.4% from 14.8%. The company expects strong revenue growth in fiscal 2027. On Wednesday the shares closed on the Oslo Exchange at 312.10 crowns, up 0.26%.

why it matters

For investors, the key point is that orders are growing faster than revenue, which suggests the company has work lined up for coming periods. European defence stocks remain in focus, so Kongsberg's strong report may serve as a benchmark for the wider sector.

market impact

Kongsberg shares: revenue and order growth supports the company's stock

• ▲Kongsberg Gruppen shares pressure up — revenue and EBIT rose, and orders grew from 9.5 to 23.3 billion crowns

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