Kongsberg Gruppen Asa · OSL:KOG
Kongsberg Gruppen Asa — Q4 2024 Earnings Presentation
15 slides from Kongsberg Gruppen Asa's earnings presentation, Feb 25, 2025
Slide 1: Protechting people and planet
Investor presentation Q4 2024 Protechting people and planet Geir Håøy, President & CEO Mette Toft Bjørgen, EVP & Group CFO KONGSBERG PROPRIETARY: This document contains KONGSBERG information which is proprietary and confidential. Any disclosure, copying, distribution or use is prohibited if not othe
Slide 2: Competitive in a rapidly changing world
Competitive in a rapidly changing world See Statement of Proprietary information
Slide 3: Competitive in a rapidly changing world
Competitive in a rapidly changing world See Statement of Proprietary information
Slide 4: 2024 revenue, EBIT and order intake
2024 Revenue EBIT Order intake NOK NOK NOK 48.9bn 6.5bn 87.8bn
Slide 5: Business update Q4
Numbers in NOK bn Business update Q4 New build order intake 2024 – Kongsberg Maritime Backlog distribution by business area – 31.12 Other Fishery & SP Kongsberg Discovery Kongsberg Digital Pax Seaborne Kongsberg Maritime Offshore wind 5% 2% 14% 3.1 5% 1% 2.0 22.8 OPU 10% 16% LNG 127.9 17% Naval 11%
Slide 6: Financial status
Financial status Mette Toft Bjørgen, EVP & Group CFO KONGSBERG PROPRIETARY: This document contains KONGSBERG information which is proprietary and confidential. Any disclosure, copying, distribution or use is prohibited if not otherwise explicitly agreed with KONGSBERG in writing. Any authorised repr
Slide 7: 2024 at a glance
2024 at a glance (NOK bn) Revenue EBIT Order intake Order backlog EBIT-margin EBIT (NOK bn) Book-to-bill Order intake +44% 1.80 127.9 1.61 87.8 1.42 +20% 88.6 13.3% 65.4 48.9 11.3% 40.6 10.4% 63.3 45.2 31.8 6.51 4.60 3.31 2022 2023 2024 2022 2023 2024 2022 2023 2024 2022 2023 2024 See Statement of P
Slide 8: Revenue
Revenue Kongsberg Maritime +23% Kongsberg Defence & Aerospace (NOK bn) 6.90 +10% 5.59 5.53 5.02 KONGSBERG +17% 13.91 Q4 23 Q1 24 Q2 24 Q3 24 Q4 24 Q4 23 Q1 24 Q2 24 Q3 24 Q4 24 11.94 Kongsberg Discovery Kongsberg Digital Recurring revenue +8% 1.15 1.24 +16% Q4 23 Q1 24 Q2 24 Q3 24 Q4 24 0.44 0.51 Q4
Slide 9: EBIT and EBIT-margin
EBIT and EBIT-margin Kongsberg Maritime Kongsberg Defence & Aerospace (NOK bn, %) 11.0% 14.9% 14.7% 9.6% 0.76 0.75 0.81 KONGSBERG 0.54 EBIT-margin EBIT (NOK bn) Q4 23 Q1 24 Q2 24 Q3 24 Q4 24 Q4 23 Q1 24 Q2 24 Q3 24 Q4 24 12.4% 10.7% 1.73 1.27 Kongsberg Discovery Kongsberg Digital 18.4% 13.1% 0.23 (0
Slide 10: Net working capital
Kongsberg Maritime Net working capital 12.6% 9.2% (NOK bn, %) 2.54 2.28 Q4 23 Q1 24 Q2 24 Q3 24 Q4 24 KONGSBERG NWC of LTM-revenue (%) NWC (NOK bn) Kongsberg Defence & Aerospace (4.92) (30.9%) (11.29) (0.45) (59.0%) Q4 23 Q1 24 Q2 24 Q3 24 Q4 24 (7.24) (1.1%) Kongsberg Discovery (14.8%) 46.3% 40.4%
Slide 11: Associated companies
Associated companies KSAT Patria Revenue (NOKm) EBIT (NOKm) KOG’s share of net profit (NOKm) Revenue (EURm) EBIT (EURm) KOG’s share of net profit (NOKm)* +18% +13% 2 237 826 1 900 734 627 1 471 +11% -2% 312 348 587 577 384 416 385 98 54 69 82 42 60 73 2022 2023 2024 Q4 23 Q4 24 2022 2023 2024 Q4 23
Slide 12: Cash flow development 1.1 - 31.12
Cash flow development 1.1 - 31.12 (NOK bn) (1.08) (2.25) 6.80 0.48 (0.50) (2.46) 14.29 (0.90) 0.20 8.03 5.98 Cash 1.1 EBITDA Change in Tax and other Investment in Other Repayment Dividend paid Other Translation Cash 31.12 working operating PPE & R&D investing of interest financing differences capita
Slide 13: Proposed dividend of NOK 22/share and stock split
Proposed dividend of NOK 22/share and stock split • First tranch - NOK 10.0 Proposed dividend FY 2024 ⁻ Last day including 8 May 2025, ex. dividend date 9 May 2025 ⁻ Record date 12 May 2025, payment date 27 May 2025 NOK per share Total NOKm • Second tranch - NOK 12.0 22 ⁻ Last day including 8 Octobe
Slide 14: Outlook
Outlook Kongsberg Kongsberg Kongsberg Kongsberg Maritime Defence & Aerospace Discovery Digital • An enabler in the maritime • Continued marketing, tendering • Significant demand from areas • Continued increase in recurring transformation and uniquely and negotiations related to such as fishery, mari
Slide 15: Protechting people and planet
Protechting people and planet KONGSBERG PROPRIETARY: This document contains KONGSBERG information which is proprietary and confidential. Any disclosure, copying, distribution or use is prohibited if not otherwise explicitly agreed with KONGSBERG in writing. Any authorised reproduction in whole or in