Frankfurt - Delayed Quote ? EUR NKT A/S (NKT.F) Follow Compare 87.15 +3.75 (+4.50%) At close: October 25 at 3:51 PM GMT+2 All News Press Releases SEC Filings All SEC Filings Corporate Changes & Voting Matters Periodic Financial Reports Proxy Statements Tender Offer/Acquisition Reports Offering Registrations NKT A/S Q2 2024 Interim Report: 29% organic growth and record quarterly EBITDA Company Announcement 16 August 2024Announcement No. 28 NKT A/S Q2 2024 Interim Report: 29% organic growth and record quarterly EBITDA NKT CEO Claes Westerlind says: - In Q2 2024, we continued to execute on our high-voltage order backlog and ongoing investments across business lines, while also delivering continued double-digit growth in revenue and EBITDA. Furthermore, we made strong strategic progress, successfully divesting NKT Photonics and completing the acquisition of Portuguese cable manuf GlobeNewswire ? 2 months ago NRKBF NRKBY NKT confirmed partner for two Scottish power cable projects with SSEN Transmission Investor News15 July 2024 NKT confirmed partner for two Scottish power cable projects with SSEN Transmission On 28 August 2023, NKT confirmed reservation of production and offshore installation capacity for Scottish transmission system operator (TSO) SSEN Transmission, for power cable systems for two high-voltage direct current (HVDC) transmission links running from the Western Isles to the Scottish mainland, and from Spittal in Caithness to Peterhead. Now, NKT has signed a framework agreement w GlobeNewswire ? 3 months ago NRKBF NRKBY NKT announces preliminary Q2 2024 financial figures and updates financial outlook for 2024 Company Announcement 11 July 2024 Announcement No. 20 NKT announces preliminary Q2 2024 financial figures and updates financial outlook for 2024 NKT provides preliminary financial figures for Q2 2024 and updates the financial outlook for 2024 following a positive performance in the first half of the year. NKT President and CEO Claes Westerlind says: - Preliminary financial figures for Q2 2024 demonstrate a strong first half of the year with continued high revenue growth and increased operational GlobeNewswire ? 3 months ago NRKBF NRKBY NKT acquires SolidAl, adding medium- and high-voltage capacity to address growing grid demand Company announcement 21 June 2024Announcement No. 15 NKT acquires SolidAl, adding medium- and high-voltage capacity to address growing grid demand NKT has acquired SolidAl, a Portugal-based power cable company, from Njord Partners, adding medium- and high-voltage capacity to meet the growing demand from grid upgrades and renewable energy projects across Europe. As part of the acquisition, NKT will invest in additional capacity at the existing site. As the electrification of society continues to GlobeNewswire ? 4 months ago NRKBF NRKBY NKT names new market leading cable laying vessel able to run on methanol Investor News 3 June 2023 NKT names new market leading cable laying vessel able to run on methanol NKT has named its second cable laying vessel NKT Eleonora meaning shining light. She will boost the company’s offshore cable laying capacity, flexibility and be amongst the world’s first cable laying vessels designed to run on methanol reducing the carbon footprint of her operations. The high-voltage power cable market has grown significantly in recent years and the outlook remains positive driven GlobeNewswire ? 4 months ago NRKBF NRKBY NKT completes divestment of NKT Photonics Company Announcement 31 May 2024Announcement No. 14 NKT completes divestment of NKT Photonics As reported in Company Announcement no. 12 of 6 May 2024, the final required regulatory approval was obtained for the divestment of NKT Photonics to proceed. Today, the closing of the transaction between NKT A/S (NKT) and Hamamatsu Photonics K.K, Japan (the Purchaser) has been completed. The divestment marks the final step in the process to fully focus NKT on its core business within power cable solutio GlobeNewswire ? 4 months ago NRKBF NRKBY NKT A/S Q1 2024 Interim Report: 27% organic growth and investments in Solutions and Applications Company Announcement 8 May 2024Announcement No. 13 NKT A/S Q1 2024 Interim Report: 27% organic growth and investments in Solutions and Applications NKT CEO Claes Westerlind says: - We have had a successful start to 2024 with continued growth in revenue and operational EBITDA, driven by satisfactory execution and high utilization of existing and expanded capacity. After another significant project award in Q1, NKT’s leading position in the high-voltage market was once again confirmed and our orde GlobeNewswire ? 5 months ago NRKBF NRKBY Divestment of NKT Photonics approved by the Danish Business Authority Company Announcement 6 May 2024 Announcement No. 12 Divestment of NKT Photonics approved by the Danish Business Authority In company announcement no. 11 of 24 June 2022, NKT A/S (NKT) announced to have entered into an agreement to divest NKT Photonics to Photonics Management Europe S.R.L, a 100% owned subsidiary of Hamamatsu Photonics K.K, Japan (the Purchaser). Closing of the transaction was subject to regulatory approvals which were obtained from Germany, United Kingdom, and the United States, GlobeNewswire ? 5 months ago NRKBF NRKBY NKT invests in medium-voltage power cable business to boost capacity for growing demand Investor news 4 April 2024 NKT invests in medium-voltage power cable business to boost capacity for growing demand To support growing demand from customers for medium-voltage power cables required for grid upgrades and renewable energy projects across Europe, NKT is investing in additional production capacity and capabilities at its medium-voltage factories in Denmark, Sweden and Czech Republic. The medium-voltage power cable market has grown steadily in recent years driven by the transition to GlobeNewswire ? 6 months ago NRKBF NRKBY Notification of major shareholding Company Announcement 26 March 2024Announcement No. 11 Notification of major shareholding With reference to Section 30 of the Danish Capital Market Act, NKT A/S has been informed that BlackRock, Inc. has acquired share capital and voting rights in NKT A/S resulting in the 5% threshold for share capital to be passed. BlackRock’s aggregated position of shares and financial instruments have increased to 2,826,394 shares corresponding to 5.26% of the share capital and voting rights of NKT A/S. Contac GlobeNewswire ? 6 months ago NRKBF NRKBY Annual General Meeting 2024 of NKT A/S Company Announcement 20 March 2024Announcement No. 9 Annual General Meeting 2024 of NKT A/S The Annual General Meeting of NKT A/S was held on Wednesday 20 March 2024, cf. announcement No. 4 dated 27 February 2024. The Annual General Meeting approved the following: Annual Report 2023 including the annual and consolidated accounts, the statements of the Management and Board of Directors, the auditor’s report, and reviews for the year including the Board of Directors’ proposal that no dividend paym GlobeNewswire ? 7 months ago NRKBF NRKBY NKT secures order for two power cable projects and invests in additional high-voltage capacity in Germany Company Announcement 5 March 2024 Announcement No. 5 NKT secures order for two power cable projects and invests in additional high-voltage capacity in Germany NKT has been awarded two onshore power cable projects by the German TSO Amprion. With the order, NKT further reinforces its position as the leading provider of power cable solutions for the German transition to renewable energy and consequently invests in additional high-voltage capacity at its existing factory in Cologne, Germany. Amprion GlobeNewswire ? 7 months ago NRKBF NRKBY Notice convening the NKT Annual General Meeting Company Announcement 27 February 2024Announcement No. 4 Notice convening the NKT Annual General Meeting The Annual General Meeting of NKT A/S will be held Wednesday 20 March 2024 at 3.00 p.m. (CET) with doors opening from 2.30 p.m. (CET) at Glostrup Park Hotel, Hovedvejen 41, 2600 Glostrup. Attached are the annual report, invitation and agenda with the full contents of proposals and exhibits, including overview of candidates for the Board of Directors. More information can be found at investors. GlobeNewswire ? 7 months ago NRKBF NRKBY NKT A/S Annual Report 2023: 36% organic growth and record-high operational EBITDA Company Announcement 21 February 2024Announcement No. 3 NKT A/S Annual Report 2023: 36% organic growth and record-high operational EBITDA NKT CEO Claes Westerlind, on 2023 performance: - 2023 was a successful year for NKT with organic revenue growth of 36% and the highest annual operational EBITDA in company history. Demand for high-voltage power cable systems was unprecedented during the year. This led to a record order intake bringing our high-voltage order backlog to EUR 10.8bn and the launch GlobeNewswire ? 8 months ago NRKBF NRKBY NKT has placed order for new cable-laying vessel Investor News 15 January 2024 NKT has placed order for new cable-laying vessel In May 2023, on the back of a record order backlog and the strong market outlook, NKT announced investments in a new high-voltage factory on the existing site in Karlskrona and a new market leading cable-laying vessel. The order for the construction of the vessel has now been placed with Norwegian shipyard Vard. The vessel will be designed by the Norwegian company Salt Ship Design AS. The vessel will be constructed in GlobeNewswire ? 9 months ago NRKBF NRKBY Notification of major shareholding - correction Company Announcement 3 January 2024Announcement No. 2 Notification of major shareholding - correction The information on Morgan Stanley’s shareholding provided in company announcements no. 38 of 22 December 2023 and no. 1 of 2 January 2024 were incorrect. The correct information with reference to Section 30 of the Danish Capital Market Act is that: 19 December 2023: Morgan Stanley reduced its total voting rights in NKT attached to shares and through financial instruments from 6.69% to 5.31%.27 D GlobeNewswire ? 9 months ago NRKBF NRKBY Conclusion of share buyback programme in NKT A/S Company Announcement 13 November 2023Announcement No. 32 Conclusion of share buyback programme in NKT A/S On 8 November 2023, NKT A/S initiated a share buyback programme to meet obligations relating to the Company’s share-based incentive programmes for employees, as informed in Company Announcement no. 31 of 8 November 2023. This share buyback programme has now been concluded. The share buyback programme was done in accordance with Regulation No. 596/2014 of the European Parliament and Council o GlobeNewswire ? 11 months ago NRKBF NRKBY Initiation of share buyback programme to meet obligations for share-based incentives Company Announcement 8 November 2023Announcement No. 31 Initiation of share buyback programme to meet obligations for share-based incentives The Board of Directors of NKT A/S has decided to exercise the authority to buy back shares granted by the Annual General Meeting on 25 March 2021. The authorization is valid in the period until 31 March 2026 and the Board of Directors is authorised to arrange for acquisition of the Company’s own shares up to a nominal value of 10% of the share capital. The GlobeNewswire ? 11 months ago NRKBF NRKBY NKT A/S Q3 2023 Interim Report: 44% organic growth and record-high operational EBITDA Company Announcement 8 November 2023Announcement No. 30 NKT A/S Q3 2023 Interim Report: 44% organic growth and record-high operational EBITDA NKT CEO Claes Westerlind on the development in Q3 2023: - For the fourth consecutive quarter, we achieved double-digit growth in revenues and operational EBITDA, driven by capacity expansions, satisfactory project execution, and continued growth in our Solutions and Applications business lines. Our leading position in the high-voltage power cable market wa GlobeNewswire ? 11 months ago NRKBF NRKBY NKT announces preliminary Q3 2023 financial figures and increases financial outlook for 2023 Company Announcement 30 October 2023 Announcement No. 29 NKT announces preliminary Q3 2023 financial figures and increases financial outlook for 2023 NKT provides preliminary financial figures for Q3 2023 and as a result of continued strong financial performance the financial outlook for 2023 is updated. Preliminary and unaudited financial figures for Q3 2023The preliminary revenues (std. metal prices) for Q3 2023 are EUR 501m (EUR 358m in Q3 2022) and preliminary operational EBITDA for the same GlobeNewswire ? 11 months ago NRKBF NRKBY Performance Overview Trailing total returns as of 10/25/2024, which may include dividends or other distributions. Benchmark is OMX Copenhagen 25 Index Return NKT.F OMX Copenhagen 25 Index YTD +41.13% +5.36% 1-Year +97.35% +19.08% 3-Year +130.45% -2.42%
