In 2007, Nammo Group increased sales by 38%, of which 8% was organic growth and 30% represented by acquisitions. Sales totaled MNOK 2, 745 compared with MNOK 1, 991 in 2006. The operating profit increased from MNOK 270 to MNOK 390 and the EBITDA-margin increased from 16, 7% to 19, 0%. Pre-tax profit for 2007 amounted to MNOK 361 compared with MNOK 270 in 2006. As a result of the acquisitions,...

On Tuesday April 8th Nammo Raufoss AS, a daughter company of Nammo AS, signed the Sales & Purchase Agreement to acquire 100% of Micro Technology Hérémence SA (MTH) in Switzerland.

Arizona's State Compensation Fund's "Best of the Best" award and the new Sentinel Award both went to Nammo Talley in 2007