Kongsberg Gruppen Asa (NSKFF) Q2 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

No, then I think everyone is on. Can one on the call give the sound that you can hear and see us? Can you hear and see us? Great, then we got the technical test now. Then I have Geir Høy, head of the company, and Mette Rølgen, director of the board. We meet when the office call is taken up. so then you are informed about that. We start with just a short intro from Geir and Mette before the word is free. It would be nice if you use the record banner function in PIBS when you are going to ask questions. Yes, okay. Hello everyone. I hope it's nice to see you, but I don't see you, but I see at least some of you here. Thank you for taking this time. We have been working for six months and a quarter. We are satisfied with the quarter overall. It is a strong quarter. Growth in all areas, both in the top line and the bottom line. A lot is happening in all areas. We have seen the increase on the defence side for a while now. decided and committed that they will have a significant investment in the future. There is also a lot going on within Ocean Space for us. A very good quarter for Kongsberg i Skavli on the underwater side and its historic side. Not so high ordering, but it is very varying from quarter to quarter, depending on whether we get or, to be more specific, our underlying costs, which we call systems. There are not many of them in this quarter, but there is a very good demand for KD's capabilities, so we are quite comfortable with the pipeline that we also see in that segment. I am very pleased with the approach to the KM. There are some minor contractions out there on the shipwrecks. What we register is that there is a lot of seaborg that has fallen somewhat in relation to last year, while a good part of the ships that are still contracted are ships that have a hi...