OB:KOGAerospace & Defense
Kongsberg Gruppen (OB:KOG) Margin Expansion to 12.6% Reinforces Bullish Profitability Narratives
Kongsberg Gruppen (OB:KOG) delivered a net profit margin of 12.6%, an improvement from last year’s 10%, while earnings grew a robust 48.9% in the most recent year and have compounded at 31.6% annually over the past five years. Revenue is forecast to rise by 11.7% per year, significantly faster than the broader Norwegian market’s 2.3%, and earnings are expected to increase by 9.85% per year. With both profit margins and earnings quality described as high, investors have additional reason to...