Kongsberg Gruppen ASA
KOG: XOSL (NOR)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|tT | LOCK|j> | LOCK|k&j&jsp |
Kongsberg Earnings: Strong Results, Demerger to Drive Possible Defense Rerating; Raise FVE by 3%
Kongsberg Gruppen's revenue rose 12% year on year, driven by a 38% surge in defense and aerospace, with 15.2% group EBIT margin for the quarter. The key highlight was the plan to demerge Kongsberg Maritime, creating a focused defense and discovery group and stand-alone maritime technology pure play.
