Kongsberg’s net profit dips 79% y/y to USD3m in Q1 FY2013
Revenues slipped 5.8% y/y to USD323m
Kongsberg reported a 79% year-on-year(y/y) decrease in net profit to EUR2.3m (USD2.94m on 31 March 2013) in first quarter (Q1) for financial year (FY) 2013 compared to EUR10.9m (USD14.53m on 31 March 2012) in Q1 2012, according to the company’s press release.
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