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Edge16 Oct 2026
Winner, Winner: The Chicken McNugget Story
How a 1940s breeding contest, a Cornell food scientist, and a hedge by Ray Dalio helped McDonald's turn the Chicken McNugget into a fast-food icon.
Kongsberg Gruppen
Kongsberg Gruppen (KOG) investor relations material
Kongsberg Gruppen Q3 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q3 2026 earnings summary29 Oct, 2026
Executive summary
Q3 APM revenue was MNOK 11,328, up 50% YoY; EBIT was MNOK 1,861, up 66%, with a 16.4% margin.
Order intake reached MNOK 23,347 and backlog a record MNOK 174,243; book-to-bill was 2.06.
Higher volumes and solid project execution supported growth, led by air defence, counter-UAS and missile programmes.
Financial highlights
IFRS continuing-operations revenue was MNOK 10,842, EBITDA MNOK 2,152 and EBIT MNOK 1,762; APM totals include proportional JV figures.
Q3 operating cash flow was MNOK 4,102; quarter-end cash and cash equivalents, excluding JVs, were MNOK 6,365.
Continuing-operations EPS was NOK 1.69 versus NOK 1.11 YoY.
Outlook and guidance
Record backlog supports continued high activity and strong revenue growth in 2027; 30% is scheduled for delivery in 2027, with 63% in 2028 or later.
Backlog delivery profile includes 7% in Q4 2026, equivalent to NOK 12bn.
Financial ambitions are revenue of NOK 100bn in 2029 and NOK 150bn in 2033; Zone 5 targets margins similar to the rest of the business in 2029.
Capacity and self-funded development investment are expected to remain elevated through 2027–2028, supporting backlog execution and future demand.
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Latest events from Kongsberg Gruppen
- Targets NOK 120bn revenue by 2033, driven by defence, space, and autonomous solutions.KOG
SEB Nordic Large Cap Seminar presentation - Q2 2026 saw 31% revenue growth, 49% EBIT rise, and a record NOK 158bn order backlog.KOGQ2 2026
- Aims for NOK 100–150bn revenue by 2029, driven by defense demand, innovation, and strong backlog.KOGCMD 2026
- Record revenue, EBIT, and order intake highlight robust growth and strong 2026 outlook.KOGQ1 2026
- Record 2025 growth, demerger, and strong backlog drive expansion amid high market demand.KOGQ4 2025 (Q&A)
- Forecasts NOK 33bn revenue in 2025, driven by global defence demand and innovation leadership.KOGCompany presentation
- Record growth, high profitability, and a major demerger set the stage for future expansion.KOGQ4 2025 (Q&A)
- Record growth, high order intake, and demerger set stage for continued momentum in 2026.KOGQ4 2025
- Double-digit revenue and EBIT growth in H1 2025, with record order backlog and strong outlook.KOGQ2 2025 (Q&A)
Next Kongsberg Gruppen earnings date
Q4 202611 Feb, 2027
Kongsberg Gruppen
Next Kongsberg Gruppen earnings date
Q4 202611 Feb, 2027
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Frequently asked questions
Kongsberg Gruppen ASA, provides high-tech systems and solutions to customers in the maritime, defense, and oil and gas industries worldwide. It offers navigational, positioning and automation products for ships through KONGSBERG MARITIME; commercial piping systems for the offshore industry; a range of technology, products and services to control seismic, drilling and well operations through KONGSBERG OIL AND GAS TECHNOLOGIES; integrated command and control systems for naval vessels through KONGSBERG DEFENSE SYSTEMS; systems that support mission-critical situations at sea or ashore, including military communications and electronic warfare equipment; simulation and training products, services and solutions in the global defence industry through KONGSBERG PROTECH SYSTEMS.