Oslo, February 6, 2026, 13:04 CET — Regular session
- Kongsberg shares jump roughly 14% following quarterly results and a new weapons contract announcement
- Company posts record order backlog and suggests raising the 2025 dividend
- Investors are eyeing the April dividend dates and the group’s upcoming corporate split scheduled for later this spring
Kongsberg Gruppen ASA (KOG.OL) shares climbed 14% to 367.15 Norwegian crowns by 13:04 CET on Friday, bouncing back from a 2.6% loss in the prior session. (MarketScreener)
European defence stocks held the spotlight as wider equities steadied, driven by Kongsberg’s rally following its quarterly results and a $165 million weapons contract win. (Reuters)
A stock exchange notice outlined the dividend schedule: a regular payout of 2.20 crowns per share, plus a special dividend of 3.50 crowns. Both await approval on April 13, with shares turning ex-dividend on April 14 and payments set for April 22. (TradingView)
Kongsberg reported a 21% jump in revenues for the fourth quarter, hitting 16,776 million crowns. EBIT rose to 2,464 million, pushing the EBIT margin up to 14.7%. The order backlog stood at 157,419 million crowns, with the company noting a book-to-bill ratio above 1 across all segments, indicating new orders outpaced sales. Kongsberg also confirmed plans to spin off Kongsberg Maritime, aiming for a separate listing on April 23, following shareholder approval at an extraordinary meeting in January. (Kongsberg)
Kongsberg Defence & Aerospace has inked a deal with Patria to deliver several hundred PROTECTOR RS4 remote weapon stations for the German and Swedish CAVS 6×6 armoured vehicle programmes. The contract is valued at around 140 million euros, with room for follow-on orders. “This contract positions the RS4 as the standard weapon station configuration across the multinational CAVS fleet,” said executive vice president Kjetil Reiten Myhra. (TradingView)
Broker notes shifted positive. Danske Bank analyst Tomas Helgø gave a “hats off” for the strong quarter, calling it “exactly what we want to see.” SB1 Markets analyst Ole-Petter Sjøvold labeled the report a “lights out” quarter and highlighted a dividend that appeared larger than anticipated. (E24)
Management, however, has flagged a tougher environment ahead. CEO Geir Håøy described the split as creating two companies facing “rising geopolitical tensions, trade conflicts and uncertainty.” His words highlight the risk of unpredictable order timing and possible investor turnover linked to the breakup. (Kongsberg)
The annual report is set for March 23, followed by the annual general meeting on April 13. First-quarter results will be released May 7. (Kongsberg)
