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High activity level and solid order intake for KONGSBERG

KONGSBERG reports higher operating revenues in H1, along with a backlog of orders valued at more than NOK 21 billion at the end of Q2.

High level of activity, profit influenced by one-off effects

Kongsberg Maritime continued to win orders in a demanding market and saw further revenue growth during the quarter. Q2 revenues came to MNOK 2,509 (MNOK 2,359), while new orders during the quarter totaled> MNOK 2,526 (MNOK 2,594). Kongsberg Defence Systems is continuing its upward trend, reporting EBITDA of MNOK 153 (MNOK 147) during the quarter, resulting in a margin of 13.7 per cent (11.4 per cent). The Group's quarterly EBITDA was influenced by significant one-off effects.