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REPORTS AND PRESENTATIONS

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137.40
-1.20 -0.87 %
Updated: 22 May 20 14:30 (CET)

KONGSBERG achieves growth despite times of global uncertainty

The Kongsberg Group (KONGSBERG) delivered growth in all business areas in Q1 2020. Revenue increased by 93 per cent to BNOK 6.7, compared with BNOK 3.5 for Q1 2019. The order backlog remained high and the cash flow was solid as a result of both a strong positive contribution from the operations and the sale of underwater technology company Hydroid.

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Dividend policy

KONGSBERG aims to pay between 40 and 50 per cent of group profits as dividends.

Dividend

Management group

The management of KONGSBERG is committed to develop the group’s leading position and technology platform.

Corporate management

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