Kongsberg Gruppen ASA

KOG: XOSL (NOR)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
	NOK 572.00	Yfkwl	Ykfcjsmjsv

Kongsberg Earnings: Solid Performance; Increasing Fair Value to NOK 850 on Higher Defense Spending

Loredana Muharremi

May 1, 2024

Wide-moat Kongsberg reported strong first-quarter results. We are increasing our fair value estimate to NOK 850 from NOK 630 on the back of higher budgeted defense spending by Norway and Europe.

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