Kongsberg Gruppen ASA reports Q1 results
Written by Emily J. Thompson, Senior Investment Analyst
Updated: May 09 2025
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Source: SeekingAlpha
Q1 Financial Performance: Kongsberg Gruppen ASA reported Q1 revenues of NOK 14,622 million, marking a 28% increase from Q1 2024, with an EBIT of NOK 2,892 million, including NOK 1,048 million from the sale of its steering gear and rudder business.
Earnings Metrics: The EBIT margin for the quarter was 19.8%, which adjusts to 13.6% when excluding the gain from the business sale, and the earnings per share (EPS) stood at NOK 12.94.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
