Kongsberg Maritime Asa · OSL:KMAR
Kongsberg Maritime Asa — Q2 2026 Earnings Presentation
16 slides from Kongsberg Maritime Asa's earnings presentation, 2026
Slide 1: Investor Presentation 2nd quarter/1st half year 2026
Investor Presentation 2nd quarter/1st half year 2026 Lisa Edvardsen Haugan, President & CEO Jan Erik Hoff, acting CFO Kongsberg Maritime Proprietary: This document and its accompanying elements contain Kongsberg Maritime information which is proprietary and confidential. Any disclosure, copying, dis
Slide 2: Disclaimer
Disclaimer This presentation contains certain “forward-looking information and statements” within the meaning of applicable laws and regulations. These statements include, but are not limited to, statements regarding the Company’s expectations, plans, strategies, business outlook, market opportuniti
Slide 3: Strong market tailwinds
— | Strong market tailwinds
Slide 4: Slide 4
Slide 5: Highlights Q2 2026
Highlights Q2 2026 Long-term market Strong newbuild Record order tailwinds execution backlog Both in newbuilds and Solid scaling Supports forward aftermarket visibility Revenues Q2 EBITDA Q2 Order Intake Q2 Total Order Backlog MNOK 6,651 MNOK 830 MNOK 7,231 MNOK 28,406
Slide 6: Newbuild order intake led by Offshore, Naval and Cargo
Newbuild order intake led by Offshore, Naval and Cargo Naval & Offshore Gas Carriers Cargo Tug Passenger Other Government Energy Sharp focus on Solid new build market Market Focus on cost, Entering a Demand for new growth driven by fleet Growth market Mixed – including energy efficiency energy and d
Slide 7: Stable aftermarket activity, Middle East situation adding uncertainty for customers
Stable aftermarket activity, Middle East situation adding uncertainty for customers Naval & Offshore Gas Carriers Cargo Tug Passenger Other Government Energy Uptime, reliability, Strong cost Mixed – Reliability, uptime and Focus on cost Reliability, lifetime efficiency and discipline. Focus on energ
Slide 8: Solid book-to-bill reinforcing a record order backlog
Solid book-to-bill reinforcing a record order backlog Order intake (MNOK) Order backlog (MNOK) Order intake Order backlog split Q2 by delivery 8 748 27 564 27 849 27 851 28 406 26 164 7 839 7 765 24 644 7 470 7 502 7 231 25% 36% 44% 56% 39% Q1’25 Q2’25 Q3’25 Q4’25 Q1’26 Q2’26 Q1’25 Q2’25 Q3’25 Q4’25
Slide 9: Financial Status
Kongsberg Maritime Financial Status
Slide 10: Financial Highlights 1st half year
Financial Highlights 1st half year 13.3 BNOK 1.7 BNOK REVENUES EBITDA Margin 13.0% 10 000 2 500 5 000 0 0 H1’25 H1’26 H1’25 H1’26 Gain from distribution of operations in brown 2nd quarter / 1st half 2026 Page 10
Slide 11: Revenues – underlying growth, changed project mix
Revenues – underlying growth, changed project mix Revenues (MNOK) 7 567 6 704 6 649 6 651 6 337 6 313 Q1’25 Q2’25 Q3’25 Q4’25 Q1’26 Q2’26 Newbuild Aftermarket Energy & Control Propulsion & Handling 3 458 3 297 3 345 3 949 3 050 3 102 3 150 3 284 3 238 3 217 3 023 2 973 Q1’25 Q2’25 Q3’25 Q4’25 Q1’26
Slide 12: EBITDA – impacted by changed project mix
EBITDA – impacted by changed project mix EBITDA and EBITDA Margin (MNOK, % of revenue) 27,4% 18,1% 16,0% 15,8% 13,8% 13,4% 12,5% 2 121 13,8% 1 028 1 143 1 045 893 830 Q1’25 Q2’25 Q3’25 Q4’25 Q1’26 Q2’26 Gain EBITDA Margin incl. Gin Margin Energy & Control Propulsion & Handling 16,8% 20,9% 21,7% 21,3
Slide 13: Solid liquidity and a strong balance sheet
MNOK Net Cash flow from Solid liquidity and a strong balance sheet operating activities 1 634 1 022 1 006 1 083 548 -233 Q1’25 Q2’25 Q3’25 Q4’25 Q1’26 Q2’26 421 2 500 Net interest-bearing debt 290 17 2 051 -224 -611 -838 579 -1 016 830 Q1’25 Q2’25 Q3’25 Q4’25 Q1’26 Q2’26 128 852 105 Net working capi
Slide 14: Navigating complexity to deliver profitable growth
Navigating complexity to deliver profitable growth Revenue navigated by Margins anchored by solid Propelled by disciplined innovation, domain knowledge project execution and financial execution and market tailwind cost control 14 2nd quarter / 1st half 2026 Page 14
Slide 15: Q&A
Q&A 2nd quarter / 1st half 2026 Page 15
Slide 16: Thank you!
Thank you! Kongsberg Maritime