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Why is KBGGY down २.८६%?
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KBGGY:OTCMKTS
KONGSBERG GRUPPEN Unsponsored Norway ADR
US$ १५.६४
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-२.८६%(-०.४६) 1D
अक्टोबर ६, १६:००:०० GMT-४ · USD
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१ दिन पहिले
Kongsberg stock weighs 31 percent Q2 growth against a NOK 158 billion backlog
Profile
Kongsberg Gruppen ASA is a Norwegian multinational company based in Kongsberg that supplies high-technology systems to customers in the merchant marine, defence, aerospace, offshore oil and gas industries, and renewable and utilities industries.
The company comprises four business areas: Kongsberg Discovery, Kongsberg Defence & Aerospace, and Kongsberg Digital. In 2018, Kongsberg had revenues of NOK 14.381 billion, and 6,842 employees in more than 25 countries.
Kongsberg is a continuation of Kongsberg Weapons Factory. After KV's restructuring in 1987 following the Toshiba–Kongsberg scandal, defence activities continued as the company Norsk Forsvarsteknologi. In 1995 the company changed its name to Kongsberg Gruppen.
Kongsberg was listed on the Oslo Stock Exchange in 1993 and is a public company. The Norwegian Ministry of Trade, Industry and Fisheries is the largest shareholder with a 50.004 percent interest.
Markets outside of Norway pose a growing and increasingly important part of business and represented approximately 80% of revenue in 2015. Wikipedia
About KONGSBERG GRUPPEN Unsponsored Norway ADR
CEOGeir Haoy
Employees७.५९ हजार
Founded१८१४
Headquarters-
SectorAerospace and Defense
Websitekongsberg.com