Strong Order Intake
Kongsberg reported an order intake above NOK20 billion for Q1 2025, with all business areas delivering a book-to-bill ratio above one.
Revenue Growth
Kongsberg delivered NOK14.62 billion in revenues for Q1 2025, representing a year-on-year increase of 19% after adjusting for the sale of the steering gear and rudder business.
Expansion in Defense and Aerospace
Kongsberg Defense and Aerospace's order backlog is over NOK100 billion, with significant contracts in air defense and missile projects, including a new user of Naval Strike Missile and an expanded contract with the U.S. Air Force.
Acquisition and Strategic Moves
Kongsberg completed the acquisition of Naxys Technologies and the sale of its steering gear and rudder business, strengthening its technology base and financial position.
Increased EBIT Margin
The company achieved a quarterly EBIT of NOK2.89 billion, with an underlying EBIT margin of 13.6%, which is 0.8 percentage points higher than the previous year.