Kongsberg Gruppen Asa · OSL:KOG
Kongsberg Gruppen Asa — Q2 2025 Earnings Presentation
12 slides from Kongsberg Gruppen Asa's earnings presentation, Jul 9, 2025
Slide 1: Investor presentation Q2 2025
Investor presentation Q2 2025 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 otherwise explicitly agreed with K
Slide 2: NATO, Ocean Summit, Space
NATO OCEAN SUMMIT SPACE
Slide 3: Strong market position
BUSINESS UPDATE Q2 Strong market position Kongsberg Maritime Kongsberg Defence & Aerospace Vessel contracting is forecasted to see a … however, the market size for relatively steep decline between ’24-’25… KM’s typical scope remains firm Vessel contracting in # of vessels 1) Market size in BNOK, by
Slide 4: Solid order intake
BUSINESS UPDATE Q2 Solid order intake Amounts in NOK bn Kongsberg Maritime Kongsberg Defence & Aerospace New build order intake increased 40% YoY in H1 2025 Backlog distribution Backlog distribution by Fishery & SP Other time of delivery – strong exposure against European Defence Offshore Wind OPU 2
Slide 5: 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 6: Demonstrate profitable growth
Amounts in NOK bn 2025 – YEAR TO DATE Demonstrate profitable growth 38.92 Order intake 30.02 +30% H1 24 H1 25 28.52 23.04 Revenues +19% 27.31 H1 24 H1 25 Gain from sale 4.81 1.21 EBIT Active 2.91 +24% portfolio 3.60 management H1 24 H1 25 See Statement of Proprietary information
Slide 7: Growth driven by Kongsberg Defence & Aerospace
REVENUES Kongsberg Growth driven by Kongsberg Maritime +7% 5.98 6.39 Defence & Aerospace Amounts in NOK bn Q2 24 Q3 24 Q4 24 Q1 25 Q2 25 KONGSBERG Kongsberg Defence & +38% Aerospace 6.12 +20% 4.42 13.90 11.59 Q2 24 Q3 24 Q4 24 Q1 25 Q2 25 Kongsberg Discovery +21% Q2 24 Q3 24 Q4 24 Q1 25 Q2 25 1.23 1
Slide 8: Solid execution and favourable project mix
EBIT and EBIT margin Kongsberg 12.2% 11.2% Solid execution and favourable Maritime 0.73 0.72 project mix Amounts in NOK bn Q2 24 Q3 24 Q4 24 Q1 25 Q2 25 15.9% KONGSBERG Kongsberg Defence & 14.3% Aerospace 0.87 0.70 12.5% 12.8% * 1.92 Q2 24 Q3 24 Q4 24 Q1 25 Q2 25 1.45 1.76 Kongsberg 14.2% 18.8% Disc
Slide 9: Dividend and fluctuation in NWC
Net working capital per Business Area CASH FLOW DEVELOPMENT Kongsberg 14.4% Dividend and fluctuation in Maritime 9.1% 3.17 NWC 2.42 Amounts in NOK bn Q2-24 Q3-24 Q4-24 Q1-25 Q2-25 Kongsberg (1.93) Defence & 2.33 Aerospace 16.46 (0.60) 0.20 (5.61) (1.76) -2.07 (10.15) (0.32) 14.38 Q2-24 Q3-24 Q4-24 Q
Slide 10: Improved margins in associated companies
ASSOCIATED COMPANIES Improved margins in associated companies Kongsberg Satellite Services Patria Revenues (NOKm) EBIT (NOKm) KOG’s share of net profit (NOKm) Revenues (EURm) EBIT (EURm) KOG’s share of net profit (NOKm)* 348 561 566 577 556 575 226 206 169 108 103 110 94 121 60 73 18 20 3 Q2 24 Q3 2
Slide 11: Continue to see overall strong demand
OUTLOOK Continue to see overall strong demand Kongsberg Kongsberg Kongsberg Maritime Defence & Aerospace Discovery • A product portfolio and positioning enabling • Continued marketing, tendering and • Significant demand from areas such as a frontrunner position in the maritime negotiations related t
Slide 12: Protecting people and planet
Protechting people and planet