Kongsberg drops 6% despite record NOK 158B backlog
KOG stock analysis: Kongsberg eyes NOK 158B backlog — buy or sell premium defense valuation
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In this deep dive, we break down Kongsberg Gruppen ASA (KOG.OL) and its transition to a pure-play defense champion armed with a record NOK 158 billion backlog and the strategic US missile acquisition of Zone 5 Technologies. With quarterly revenues growing 31% YoY and the stock trading at a premium valuation of…
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