Kongsberg plans EUR 45 million plant: NOK 277.3 billion values Kongsberg stock

Published on 10/18/2026 at 13:51 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Q2 revenue reached NOK 9.89 billion with a 16.10 percent operating margin. Kongsberg stock was last at NOK 315.30 on October 16, 2026.

Plant expansion and earnings dates

Kongsberg announced a EUR 45 million Polish drone plant on October 13, 2026.
Second-quarter 2026 revenue reached NOK 9.89 billion with a 16.10 percent operating margin.
The next quarterly report is scheduled for October 29, 2026.

Fotorealistische Verteidigungsanlage mit Radarturm bei Dämmerung, norwegische Küstenlandschaft — Kongsberg Gruppen ASA NO0003043309 zeigt eine norwegische Verteidigungsanlage mit Radaranlage bei Dämmerung, Illustration mit AI erstellt.

Kongsberg (ISIN NO0013536151) plans a EUR 45 million manufacturing plant in Poland for counter-drone systems, while its stock had a NOK 277.3 billion market capitalization in the October 16, 2026 quote. Kongsberg announced the project on October 13, 2026.

Poland plant adds production capacity

The facility will support manufacturing and maintenance of counter-unmanned aerial systems for Poland's SAN program. The company plans to sign the construction contract by the end of 2026, begin work immediately afterward and start serial production in the first half of 2028, according to Kongsberg.

The investment exceeds PLN 200 million and should create more than 100 long-term jobs at full capacity. For investors, the strategic value lies in added production capability rather than an immediate earnings contribution, because serial output is scheduled for 2028.

What does the earnings setup show?

Kongsberg reported NOK 9.89 billion of revenue in the second quarter of 2026, compared with NOK 8.94 billion in the first quarter. Operating profit reached NOK 1.59 billion in the second quarter, versus NOK 1.49 billion in the first quarter, while the operating margin was 16.10 percent, compared with 16.68 percent in the preceding quarter. These figures come from the company's investor-relations materials dated July 13, 2026, Kongsberg.

Three milestones frame the story

On June 10, 2026, Kongsberg set revenue ambitions of NOK 100 billion for 2029 and NOK 150 billion for 2033 in its investor-relations materials. On July 13, 2026, second-quarter revenue reached NOK 9.89 billion. On October 13, 2026, the company announced the EUR 45 million Polish plant. Each step points to capacity and revenue expansion, but the production timetable makes execution a longer-term factor.

Analyst targets and reporting dates

Nordea raised its target for Kongsberg to NOK 400 from NOK 387 on October 16, 2026, according to Affarsvarlden. The next quarterly report is scheduled for October 29, 2026, followed by the annual report on February 11, 2027, according to Affarsvarlden.

Stock valuation stays in focus

The stock was last at NOK 315.30 on Oslo Bors on October 16, 2026 at 4:27 p.m. CEST. Its 52-week range was NOK 228.50 to NOK 427.00, leaving the share below its yearly high while the Poland investment adds a concrete industrial milestone.

The further course of trading is shown by the continuously updated real-time quote of Kongsberg stock.