Kongsberg Gruppen Full Year 2024 Earnings: In Line With Expectations

Kongsberg Gruppen (OB:KOG) Full Year 2024 Results

Key Financial Results

• Revenue: kr48.9b (up 20% from FY 2023).
• Net income: kr5.13b (up 38% from FY 2023).
• Profit margin: 11% (up from 9.1% in FY 2023). The increase in margin was driven by higher revenue.
• EPS: kr29.14 (up from kr21.08 in FY 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Kongsberg Gruppen Meets Expectations

Revenue was in line with analyst estimates. Earnings per share (EPS) was also in line with analyst expectations.

Looking ahead, revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Aerospace & Defense industry in Europe.

Performance of the market in Norway.

The company's shares are down 10% from a week ago.

Balance Sheet Analysis

While it's very important to consider the profit and loss statement, you can also learn a lot about a company by looking at its balance sheet. We've done some analysis and you can see our take on Kongsberg Gruppen's balance sheet.

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