Kongsberg Gruppen AS operates in the Search and navigation equipment sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Kongsberg Gruppen AS with three other
miscellaneous transportation equipment manufacturers in Europe:
sales of 2.78 billion Turkish Liras [US$901.67 million]
of which 100%
was Military products),
of the United Kingdom
(£763.80 million [US$930.33 million]
of which 82%
was EMEA), and
Ultra Electronics Holdings plc
based in the United Kingdom
(£726.29 million [US$884.64 million]
of which 40%
was Maritime & Land).
Kongsberg Gruppen AS reported sales of NOK 17.03 billion (US$2.06 billion)
December of 2015.
increase of 2.9%
versus 2014, when the company's sales were NOK 16.55 billion.
This was the fourth straight year of sales growth at Kongsberg Gruppen AS.
The sales level in 2015 was fairly close to the level five years ago: in 2010, Kongsberg Gruppen AS had sales
of NOK 15.50 billion.
Sales of Protech Systems saw an increase
that was more than double the company's growth rate: sales were up
11.9% in 2015, from
NOK 1.55 billion to NOK 1.74 billion.
Kongsberg Gruppen AS also saw significant increases in sales in
Offshore and Merchant Marine (up 7.2% to NOK 10.39 billion)
Not all segments of Kongsberg Gruppen AS experienced an increase in sales in 2015:
sales of Other/elimination fell 32.0% to NOK 174.00 million.
(However, this segment's sales were only a very small portion of the company's overall sales).
Kongsberg Gruppen AS also experienced decreases in sales in
Defense and Aerospace (down 3.0% to NOK 4.05 billion)
Oil and Gas Technology (down 27.7% to NOK 682.00 million)