Kongsberg Gruppen Asa (NSKFF) Q3 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

We will hold the briefing up here for about 15 minutes. After that, we have quite a large group on the webcast, so we will start by taking questions via the webcast, then questions from the room, before we open up for one-to-one interviews at the very top. So that's the plan. Eivind Reiten, please. Welcome to you as well. I will start as board chairman by saying that it is a very important part of a board's responsibility to ensure that the company is organized in the best possible way for the most and best possible value creation. That is why we do, in accordance with time to time, evaluations of the organization we have also had in Kongsberg. It has been successful and good so far, but now we have come to a point where we have concluded that further growth and development will be even better justified by Kongsberg Maritime getting as a separate listed company, while Defense, Aerospace and Kongsberg Discovery continue as the Kongsberg Group. And the picture you see now is in many ways very much in response to why we have come here. We have a period now behind us for a few years where the company has grown much more than what is usually the case for a company. And the size of each of the two areas we are talking about today is significantly larger than what the whole Kongsberg group was just a short time ago. It is driven, as we have often communicated, What we have said before, to have strength and safety. And right now, in the period we are in now, it is driven by safety and to have strength with safety first. So it is the enormous growth that has made, as you can see, that each of the business areas is now so large alone that they have a very good foundation for standing on their own two feet. In addition, we went through a strategic plan which draws the perspecti...