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Kongsberg Gruppen tops STOXX as Q3 orders soar

By Reuters News10 hours ago Updated

** Shares in Kongsberg Gruppen rise over 6% to the top of the pan-European index STOXX 600 .STOXX after the Norwegian defence and technology company posted Q3 order intake soaring 145%

** Its order intake in the quarter increased to NOK 23.3 billion ($2.52 billion) from NOK 9.5 billion year ago, with order backlog rising 47% year-on-year to NOK 174.2 billion

** Shares on track for their best day since February

** Up to the previous session's close, shares were up 47.3% YTD

($1 = 9.2465 Norwegian crowns)

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