Kongsberg Gruppen ASA ADR logo

Kongsberg Gruppen ASA ADR (KBGGY)

Market Closed
12 Dec, 20:00
OTC PINK OTC PINK
$
12. 50
+0.14
+1.13%
$
11.95B Market Cap
35.7 P/E Ratio
0.66% Div Yield
420 Volume
0 Eps
$ 12.36
Previous Close
Day Range
12.45 12.5
Year Range
9.77 89.5
Want to track KBGGY and more in your Portfolio? 🎯
Sign up for Marketlog, a portfolio tracker that will exceed your expectations!
Kongsberg Gruppen: European Defense Boom Makes The Dip A Buy

Kongsberg Gruppen: European Defense Boom Makes The Dip A Buy

Kongsberg Gruppen remains attractive as it transitions into a pure-play aerospace and defense company, aligning with Europe's defense spending surge. The planned spin-off of the maritime business will sharpen Kongsberg's focus on defense, enhancing valuation and growth prospects amid global security trends. Q3 2025 results showed 12% sales growth, strong order intake, and a robust backlog, despite some margin erosion from business mix shifts.

Seekingalpha | 2 weeks ago
Norway's Kongsberg Gruppen to spin off Maritime business in IPO

Norway's Kongsberg Gruppen to spin off Maritime business in IPO

Norwegian defence contractor Kongsberg Gruppen said on Thursday it plans to spin off its non-military business Kongsberg Maritime in an initial public offering on the Oslo Bourse.

Reuters | 1 month ago
Kongsberg Gruppen: Rating Upgrade To Buy On Strong European Defense Momentum

Kongsberg Gruppen: Rating Upgrade To Buy On Strong European Defense Momentum

Kongsberg Gruppen is well-positioned to benefit from strong demand in defense, marine, and digital twin solutions, driving robust sales and backlog growth. Q2 2025 results showed 20% sales growth, with aerospace and defense leading, and margins expanding despite some segment fluctuations. Upward revisions in EBITDA and free cash flow estimates, plus a strong net cash position, enhance the stock's investment appeal despite a premium valuation.

Seekingalpha | 3 months ago