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Strong growth for Kongsberg Maritime

14. August 2013

Walter Qvam, CEO KONGSBERG

Walter Qvam,
CEO KONGSBERG.

KONGSBERG is reporting operating revenues in Q2 2013 of MNOK 4 097, up 4.2 per cent year-on-year. EBITDA came to MNOK 513 in Q2, compared with MNOK 525 in Q2 2012.

KONGSBERG's earnings per share (EPS) came to NOK 2.38 in Q2, compared with 2.57 during the same months last year. The Group had an equity ratio in Q2 of 36.4 per cent.

At mid-year, operating revenues totalled MNOK 8 130, translating into growth of 4.7 per cent from mid-year 2012. The expansion in H1 has been driven by Kongsberg Maritime, which posted growth of 13.9 per cent compared with H1 2012, and is continuing to report a significant influx of new orders. Altogether during the quarter, Kongsberg Maritime signed new orders valued at MNOK 2 431.

"We are pleased with the growth experienced by Kongsberg Maritime in H1 2013. This further underlines our strong global position. Despite a slower market for our weapons stations in the U.S., we now see several significant opportunities on the defence side. This provides a good basis for further growth for KONGSBERG as a technology enterprise", remarks CEO Walter Qvam.

Further information

For further information, please contact:

  • Jan Erik Hoff, Vice President, Investor Relations & Reporting
    Mobile: + 47 991 11 916
  • Ronny Lie, Vice President, Corporate Communication
    Mobile: + 47 916 10 798