We have delivered another quarter with growth and good results. Our key performance indicators have aligned with our projections, and our robust order intake and expanded backlog have set the stage for sustained progress in the coming years.
The results achieved in the first quarter of this year stem from decades of focused effort, adeptness in seizing opportunities, adaptability, and strategic prioritization. We recognize that the decisions we make today shape not only our trajectory but also that of future generations. Recently, the Norwegian Government unveiled a proposal for a new long-term defence plan spanning from 2025 to 2036. KONGSBERG will play an important role in realizing this plan by further enhancing and fortifying Norway’s defence capabilities across land, sea, and air domains. Our commitment to meeting Norway’s defence requirements also underpins the export of our cutting-edge systems.
"We have delivered another quarter with growth and good results. Our key performance indicators have aligned with our projections, and our robust order intake and expanded backlog have set the stage for sustained progress in the coming years."
While the security landscape, especially in Europe and the Middle East, has witnessed decline in recent times, the global community faces substantial climate-related hurdles. The shift toward cleaner energy sources and optimizing energy utilization play pivotal roles in overcoming these challenges. KONGSBERG’s involvement spans the entire energy value chain, from initial feasibility studies to transportation and energy consumption. Our substantial investments and strong market demand for solutions from our various business domains position us to address multiple aspects of these critical challenges.
In June, we are set to inaugurate our new missile production facility. The demand for increased production capacity validates the strategic choice made back in1995 to develop an anti-ship missile. Our existing facilities have already witnessed substantial production scaling, and the addition of this new factory will empower us to efficiently deliver even larger volumes.
KONGSBERG is well positioned, offering solutions that enhance safety and foster a more sustainable society. Our order backlog has reached an all-time high, and market activity has never been higher. Our unwavering commitment to substantial investments in cutting-edge technology and expanded capacity lays a robust groundwork for future growth.
