Kongsberg Gruppen ASA - Company Profile
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Kongsberg Gruppen ASA (Kongsberg) an international, knowledge-based group that supplies high-tech systems and solutions. Order backlog, R&D, and financial performance are the company's major strengths, whereas liquidity position remains a cause for concern. The global submarine and MRO market, new contracts, and agreements, launch of new products and global defence spending are likely to provide growth opportunities for the company. However, foreign exchange risks, intense competition, and foreign exchange rsik could affect its business operations.
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