Kongsberg Gruppen ASA (OSL:KOG)
kr 1251 -22 (-1.73%) Market Cap: 220.06 Bil Enterprise Value: 218.23 Bil PE Ratio: 45.62 PB Ratio: 12.78 GF Score: 82/100

Q3 2024 Kongsberg Gruppen ASA Earnings Call Transcript

Oct 24, 2024 / 06:15AM GMT
Release Date Price: kr1168 (+4.85%)
Operator

Good morning and welcome to Kerry's presentation of our third quarter results.

This is a live webcast and you may submit questions through the webcast frame.

The results today will be presented by President and CEO GEIR HAOY together with executive Vice President and CFO and with that, I'll leave the floor to guide him.

GEIR HÃÃ;Y
Kongsberg Gruppen ASA - President and Chief Executive Officer

Thank you and good morning and welcome to our third quarter presentation.

It is a pleasure to report that we have completed another very solid quarter with growth in all our business areas we are developing on plan. Our growth story continues and our profitability is solid.

The strong profitability with an ebit of almost 1.9 billion ovation crowns highlights our ability to scale as the operating revenues continue to increase.

We experienced increased demand for our systems and solutions both within the defense and the ocean space technologies activity is high throughout the entire group and the record high

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