Kongsberg Gruppen Asa · OSL:KOG
Kongsberg Gruppen Asa — Kongsberg — Q1 2026 Earnings Presentation
17 slides from Kongsberg Gruppen Asa's earnings presentation, 2026
Slide 1: Eirik Lie, President & CEO; Martin Wien Fjell, EVP & CFO
Eirik Lie, President & CEO Martin Wien Fjell, EVP & 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 r
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: Q1 2026 KONGSBERG
Q1 2026 KONGSBERG Protechting people and planet – from deep sea to space See Statement of Proprietary information 3 3
Slide 4: Key developments
Q1 2026 Key developments Revenue EBIT Order intake NOK 9.2 bn NOK 1.5 bn NOK 27 bn +26% EBIT margin: 16.6% Book/bill: 2.9 STATUS Q1 • Demerger successfully completed and new organisation implemented • High demand for KONGSBERG’s solutions • Capacity increase on track to deliver on current backlog an
Slide 5: New orders
Q1 2026 New orders Poland US Germany & Sweden Norway & Canada HUGIN NOK 16 bn contract to NOK 2 bn order for EUR 140 m contract for KONGSBERG & Salt Ship Two new HUGIN contracts deliver Counter-UAS deliveries to F-35 Joint PROTECTOR Remote Design to design and two upgrade awards for solutions to Pol
Slide 6: Counter-UAS
Market focus Counter-UAS Counter Unmanned Aerial Systems are designed to meet the growing threat from drones – deploying sensors, radars and a weapon station on a vehicle • KONGSBERG has developed and delivered CUAS “Russia's escalating hybrid attacks, including drone incursions, solutions since 201
Slide 7: Delivering on backlog & building capacity to meet future demand
Q1 2026 Delivering on backlog & building capacity to meet future demand Newcastle, Australia JSM to Japan Virginia, USA See Statement of Proprietary information
Slide 8: Martin Wien Fjell, EVP & CFO
Martin Wien Fjell, EVP & 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 reproduction in whole or in
Slide 9: Strong order intake
Order intake and order backlog Backlog by division Strong order intake Defence Discovery Systems 11.3 Amounts in NOK bn 80.0 60.0 Missiles & Aerostructures KONGSBERG 152.0 113.2 26.5 Backlog by delivery 12.5 2026 18% Q1 25 Q2 25 Q3 25 Q4 25 Q1 26 2028+ 54% 28% 2027 Order intake Order backlog See Sta
Slide 10: Solid growth in all divisions
REVENUES Defence +45% Solid growth in all divisions Systems 2.85 4.14 Amounts in NOK bn Q1 25 Q2 25 Q3 25 Q4 25 Q1 26 KONGSBERG Missiles & Aerostructures +22% +26% 2.76 2.26 9.23 7.32 Q1 25 Q2 25 Q3 25 Q4 25 Q1 26 Discovery Q1 25 Q2 25 Q3 25 Q4 25 Q1 26 +8% 1.97 2.13 See Statement of Proprietary inf
Slide 11: Margin driven by high volumes
EBIT and EBIT-margin 19.2% Defence 17.2% Margin driven by high volumes Systems 0.49 0.80 Amounts in NOK bn Q1 25 Q2 25 Q3 25 Q4 25 Q1 26 KONGSBERG Missiles & 19.0% 17.4% Aerostructures 55% 16.6% 0.43 0.48 13.5% 1.54 0.99 Q1 25 Q2 25 Q3 25 Q4 25 Q1 26 Discovery 17.0% 15.0% Q1 25 Q2 25 Q3 25 Q4 25 Q1
Slide 12: Patria – Key figures and business update
ASSOCIATED COMPANIES Patria – Key figures and business update Patria Business update Revenue (EURm) EBIT (EURm) KOG’s share of net profit (NOKm)* • Growth driven by armored vehicle business +32% • Increasing backlog 1,087 • First 6x6 vehicles delivered to Germany 826 734 • Investments in capacity ex
Slide 13: Outlook and Q&A
Outlook and Q&A 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 part, must in
Slide 14: Outlook
Q1 2026 Outlook • Order backlog NOK 152 bn • Strong visibility: NOK 27 bn of backlog to be delivered during rest of 2026 • 2026 revenue growth above the 2025 level • Demand for missiles, air defence systems, and weapon stations remains high • KONGSBERG expects to win new contracts for core products
Slide 15: Capital Markets Day 10 June 2026
Capital Markets Day Space 10 June 2026 Kongsberg, Norway Strike missiles Registration at kongsberg.com Air defence Remote weapon systems Counter-UAS Underwater solutions 15
Slide 16: KONGSBERG PROPRIETARY: This document contains KONGSBERG information which is proprietary and confidential. Any disclo…
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 part, must include this leg e
Slide 17: APM: Proportionate figures according to ownership
APM: Proportionate figures according to ownership Defence Systems Missiles & Aerostructures Discovery KONGSBERG BNOK – Q1’26 IFRS Adj.1 APM IFRS Adj. APM IFRS Adj.2 APM IFRS Adj.1,2 APM Revenue 4.1 0.0 4.1 2.8 - 2.8 1.8 0.3 2.1 8.9 0.3 9.2 EBIT 0.8 0.0 0.8 0.5 - 0.5 0.4 0.0 0.4 1.5 0.0 1.5 Order Int