Kongsberg Gruppen ASA
KOG: XOSL (NOR)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|NZ | LOCK|db | LOCK|WtqP#qXC |
Kongsberg Earnings: Strong Q1; Fair Value Raised to NOK 1,600 on Improved Cash Flow Assumption
Wide-moat Kongsberg Gruppen delivered a strong first quarter, with revenue rising 19% year on year to NOK 14.6 billion, and adjusted EBIT increasing 26% to NOK 1.84 billion, corresponding to a margin of 13.6%, up 80 basis points from the same period last year. All divisions posted growth, with margins expanding across the board.
