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Kongsberg Gruppen AS

KOG.OL

Latest Trade

132.00NOK

Change

1.80(+1.38%)

Volume

233,395

Today's Range

129.60

 - 

133.40

52 Week Range

101.50

 - 

174.30

As of on the Oslo Stock Exchange ∙ Minimum 15 minute delay

Latest Developments

Kongsberg Gruppen Temporarily Lays Off Around 400 Employees

March 27 (Reuters) - Kongsberg Gruppen ASA <KOG.OL>::STATUS UPDATE COVID-19.IS EXPERIENCING A LOWER LEVEL OF ACTIVITY THAN PLANNED.DIFFICULTIES ARE ESPECIALLY NOTICEABLE IN KONGSBERG MARITIME.OUR DEFENCE ACTIVITIES ARE ALSO AFFECTED, BUT TO A MORE LIMITED EXTENT.FALL IN OIL AND GAS MARKET MAY LEAD TO LESS ACTIVITY IN OFFSHORE MARKET.SO FAR, DEFENCE ACTIVITIES HAVE NOT EXPERIENCED ANY MAJOR CONSEQUENCES OF COVID-19 AND OPERATIONS ARE BEING MAINTAINED AT A MORE OR LESS NORMAL LEVEL.AS A RESULT OF LOWER LEVEL OF ACTIVITY, CO HAS TEMPORARILY LAID OFF AND SENT TEMPORARILY LAY-OFF NOTICES TO AROUND 400 EMPLOYEES.TEMPORARILY LAYOFFS AND OTHER CAPACITY ADJUSTMENTS HAVE BEEN IMPLEMENTED INTERNATIONALLY.

Kongsberg Signs Contract For Naval Strike Missiles Worth NOK 203 Mln

March 9 (Reuters) - Kongsberg Gruppen ASA <KOG.OL>::ONGSBERG HAS SIGNED A CONTRACT FOR NAVAL STRIKE MISSILES WORTH MNOK 203.KONGSBERG DEFENCE & AEROSPACE AS (KONGSBERG) HAS SIGNED A CONTRACT WITH RAYTHEON MISSILE SYSTEMS FOR NAVAL STRIKE MISSILES (NSM) TO US NAVY OVER-THE-HORIZON WEAPON SYSTEM (OTH WS) PROGRAM WORTH MNOK 203.ORDER IS RELATED TO OTH WS FRAMEWORK AGREEMENT ANNOUNCED 31 MAY 2018 WITH A TOTAL CUMULATIVE SCOPE OF $847,611,857 MUSD.

Kongsberg Maritime Wins Contract To Equip Four Cruise Vessels

Feb 25 (Reuters) - Kongsberg Gruppen ASA <KOG.OL>::KONGSBERG MARITIME WINS 300 MNOK CONTRACT TO EQUIP FOUR NEW CRUISE VESSELS.KONGSBERG MARITIME WINS 300 MNOK CONTRACT TO EQUIP FOUR NEW CRUISE VESSELS.KONGSBERG MARITIME HAS WON CONTRACTS WORTH APPROXIMATELY 300 MNOK TO EQUIP THREE ADVENTURE CRUISE SHIPS, WITH A FOURTH TO FOLLOW.EQUIPMENT IS SCHEDULED FOR DELIVERY ON A PER-VESSEL BASIS THROUGHOUT 2020 AND 2021.

Kongsberg Gruppen Enters Into Collaboration With Environmental Foundation Zero

Feb 18 (Reuters) - Kongsberg Gruppen ASA <KOG.OL>::ENTERS INTO COLLABORATION WITH THE ENVIRONMENTAL FOUNDATION ZERO.MAIN INTENTIONS OF COLLABORATION ARE TO CREATE INCREASED MOMENTUM IN SHIFT TO RENEWABLE AND EMISSION-FREE SOLUTIONS.AGREEMENT MEANS THAT KONGSBERG SUPPORTS ZERO ENVIRONMENTAL FOUNDATION IN YEARS 2020, 2021 AND 2022.

Kongsberg Initiates Share Buy-Back Program For Employees

Feb 13 (Reuters) - Kongsberg Gruppen ASA <KOG.OL>::KONGSBERG INITIATING A SHARE BUY-BACK PROGRAM FOR EMPLOYEES.BUY-BACK OF APPROXIMATELY 1 100 000 SHARES OR SHARES FOR A TOTAL VALUE OF UP TO MNOK 160.

Kongsber Gruppen Q4 Revenue Rises To NOK 8.16 Billion

Feb 12 (Reuters) - Kongsberg Gruppen ASA <KOG.OL>::RECORD-HIGH ORDER INTAKE AND STRONG GROWTH IN 2019.RECORD-HIGH ORDER INTAKE AND STRONG GROWTH IN 2019.Q4 ORDER INTAKE OF MNOK 6,934 COMPARED TO MNOK 3,859 IN Q4 2018.Q4 REVENUES OF MNOK 8,164 COMPARED TO MNOK 4,148 IN Q4 2018.Q4 EBITDA NOK 85 MILLION VERSUS NOK 520 MILLION YEAR AGO.COMPANY DELIVERED STRONG QUARTERLY RESULTS ACROSS ITS OPERATIONS AND INCREASED ITS REVENUE BY 22% EXCLUDING ACQUIRED COMPANIES..WE EXPECT TO ACHIEVE SOUND ADVANCEMENT AND GOOD PROFITABILITY IN 2020 TOO, DESPITE A RATHER INCREASINGLY COMPLEX MARKET SCENARIO.

Kongsberg Gruppen Proposes Dividend Of NOK 2.50 Per Share

Feb 12 (Reuters) - Kongsberg Gruppen ASA <KOG.OL>::PROPOSED DIVIDEND TO SHAREHOLDERS AFTER EVALUATION OF FINANCIAL POSITION.BOARD OF DIRECTORS OF KONGSBERG WILL PROPOSE AN ORDINARY DIVIDEND OF NOK 2.50 PER SHARE FOR FINANCIAL YEAR 2019, EQUIVALENT TO NOK 450 MILLION..IN ADDITION, BASED ON A TOTAL EVALUATION OF GROUP'S FINANCIAL POSITION, BOARD WILL PROPOSE AN EXTRAORDINARY DIVIDEND OF 10.00 KRONER PER SHARE, EQUIVALENT TO NOK 1,800 IN ADDITION, A SHARE BUYBACK PROGRAMME OF UP TO NOK 500 MILLION WILL BE PROPOSED..

Huntington Ingalls To Acquire Hydroid And Establish Strategic Alliance With Kongsberg Maritime

Feb 4 (Reuters) - Huntington Ingalls Industries Inc <HII.N>::HUNTINGTON INGALLS INDUSTRIES TO ACQUIRE HYDROID AND ESTABLISH STRATEGIC ALLIANCE WITH KONGSBERG MARITIME.HUNTINGTON INGALLS INDUSTRIES INC - VALUE OF TRANSACTION IS $350 MILLION.HUNTINGTON INGALLS INDUSTRIES INC - HYDROID WILL BECOME PART OF HII'S TECHNICAL SOLUTIONS DIVISION.HUNTINGTON INGALLS - CO, KONGSBERG MARITIME ALSO ESTABLISHING STRATEGIC ALLIANCE TO JOINTLY MARKET NAVAL AND MARITIME PRODUCTS AND SERVICES.

Kongsberg Gruppen To Sell Hydroid To Huntington Ingalls Industries

Feb 4 (Reuters) - Kongsberg Gruppen ASA <KOG.OL>::KONGSBERG MARITIME SIGNS AGREEMENT TO SELL ITS SUBSIDIARY HYDROID AND.KONGSBERG MARITIME SIGNS AGREEMENT TO SELL ITS SUBSIDIARY HYDROID AND.KONGSBERG GRUPPEN ASA - AGREEMENT PROVIDES THAT, AS OF CLOSING, PARTIES WILL ENTER INTO A STRATEGIC ALLIANCE AGREEMENT CONCERNING UNDERWATER TECHNOLOGY AND MARITIME SOLUTIONS..KONGSBERG GRUPPEN ASA - TO SELL ITS UNDERWATER TECHNOLOGY COMPANY HYDROID, INC. FOR USD 350 MILLION TO HUNTINGTON INGALLS INDUSTRIES.KONGSBERG GRUPPEN ASA - TRANSACTION IS EXPECTED TO BE COMPLETED IN Q1 2020 AND IS SUBJECT TO CUSTOMARY CLOSING CONDITIONS, SUCH AS APPROVAL BY RELEVANT AUTHORITIES..KONGSBERG GRUPPEN ASA - KONGSBERG WILL ANNOUNCE HOW PROCEEDS ARE TO BE UTILISED ON 12 FEBRUARY 2020 IN CONNECTION WITH PRESENTATION OF ITS Q4 2019 RESULTS..

Kongsberg Gruppen: Sale Of KM Contros Will Not Proceed, Contros Operations To Cease

Jan 10 (Reuters) - Kongsberg Gruppen ASA <KOG.OL>::KONGSBERG GRUPPEN ASA - KONGSBERG MARITIME TO CLOSE KM CONTROS GMBH.KONGSBERG GRUPPEN ASA - AML AND KM HAVE AGREED NOT TO PURSUE PREVIOUSLY ANNOUNCED LOI,.KONGSBERG GRUPPEN ASA - SALE OF CONTROS WILL THEREFORE NOT PROCEED..KONGSBERG GRUPPEN ASA - KM HAS DECIDED TO CEASE CONTROS OPERATIONS..

Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.

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