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NKT A/S (NKT.CO)

NKT.CO on Copenhagen Stock Exchange

152.20DKK
21 Aug 2018
Change (% chg)

kr.4.00 (+2.70%)
Prev Close
kr.148.20
Open
kr.148.10
Day's High
kr.153.80
Day's Low
kr.148.10
Volume
105,300
Avg. Vol
233,835
52-wk High
kr.557.00
52-wk Low
kr.136.20

Latest Key Developments (Source: Significant Developments)

NKT Awarded Hornsea 2 Offshore AC Cable Project
Wednesday, 4 Jul 2018 

July 4 (Reuters) - Nkt A/S ::REG-NKT AWARDED HORNSEA 2 OFFSHORE AC CABLE PROJECT.AWARDED A CONTRACT BY ØRSTED OF OVER EUR 145M (APPROX. DKK 1.08BN).AWARD OF HORNSEA 2 DOES NOT CHANGE 2018 FINANCIAL OUTLOOK FOR NKT..CONTRACT VALUE CORRESPONDS TO APPROX. EUR 110M IN STANDARD METAL PRICES (APPROX. DKK 820M).  Full Article

NKT Wins Turnkey Order Of Two High-Voltage Cable Systems
Thursday, 28 Jun 2018 

June 28 (Reuters) - NKT A/S ::NKT TO STRENGTHEN LOCAL POWER GRID IN NORWAY WITH HIGH-VOLTAGE CABLE SYSTEMS.NKT HAS WON TURNKEY ORDER OF TWO HIGH-VOLTAGE CABLE SYSTEMS.ORDER VALUE OF MJØSA PROJECT IS BELOW USUAL ANNOUNCEMENT THRESHOLD OF NKT.DOES NOT IMPACT COMPANY'S FINANCIAL OUTLOOK FOR 2018.  Full Article

Goldman Sachs adds European utilities to M&A target list
Thursday, 28 Jun 2018 

June 28 (Reuters) - :GOLDMAN SACHS ADDS EUROPEAN UTILITIES EDP RENOVAVEIS, ENERGIAS DE PORTUGAL, GAS NATURAL TO LIST OF M&A TARGETS WITH 15 PERCENT + LIKELIHOOD OF ACQUISITION.GOLDMAN SACHS ADDS SABADELL, UNICAJA BANCO, ALTICE, FREENET, ILIAD, GETLINK, FIRSTGROUP TO M&A TARGET LIST .GOLDMAN SACHS ADDS CAPITA, AKZO NOBEL, CLARIANT, COVESTRO, CECONOMY, PRADA, KONECRANES, NKT, RENISHAW, CONVATEC, INGENICO, MICRO FOCUS TO M&A TARGET LIST.GOLDMAN SACHS SAYS IN LATE-CYCLE ENVIRONMENT, WITH ORGANIC GROWTH OPPORTUNITIES SCARCE, STRATEGIC TARGETS ARE LIKELY TO CONTINUE TO PERFORM WELL.  Full Article

NKT Q1 Operational EBITDA Up At EUR 20.4 Mln
Tuesday, 15 May 2018 

May 15 (Reuters) - NKT A/S ::REG-NKT A/S Q1 2018: INCREASED REVENUE AND EARNINGS.FINANCIAL OUTLOOK FOR 2018 FOR NKT AND NKT PHOTONICS IS UNCHANGED.OPERATIONAL EBITDA IN Q1 2018 INCREASED TO EUR 20.4M FROM EUR 17.8M IN Q1 2017..BUSINESS CONDITIONS IN PHOTONICS MARKETS REMAIN POSITIVE AND DEVELOPED FAVOURABLY IN Q1 2018.IN Q1 2018, NKT PHOTONICS INCREASED REVENUE BY EUR 4.9M TO EUR 12.4M COMPARED TO Q1 2017.NKT PHOTONICS Q1 EBITDA AMOUNTED TO EUR -1.5M, AN IMPROVEMENT OF EUR 0.6M ON Q1 2017.  Full Article

NKT Q3 operational EBITDA at EUR 43.8‍​ million
Wednesday, 15 Nov 2017 

Nov 15 (Reuters) - NKT A/S :‍2017 FINANCIAL OUTLOOK UNCHANGED FOR NKT​.‍2017 FINANCIAL OUTLOOK ADJUSTED FOR NKT PHOTONICS​.‍FOR NKT PHOTONICS, EXPECTED ORGANIC GROWTH IS APPROX. 10%​.Q3 OPERATIONAL EBITDA EUR 43.8‍​ MILLION (REUTERS POLL EUR 45.3 MILLION).FOR NKT PHOTONICS, EXPECTED AND OPERATIONAL EBITDA MARGIN IS APPROX. 10%, AGAINST A PREVIOUS TARGET OF APPROX 15%.​.Q3 REVENUE EUR 396.6‍​ MILLION VERSUS EUR 257.9 MILLION YEAR AGO.  Full Article

NKT is preferred bidder for Moray East project
Monday, 13 Nov 2017 

Nov 13 (Reuters) - NKT A/S ::NKT IS PREFERRED BIDDER FOR MORAY EAST OFFSHORE WIND FARM PROJECT.‍SUCH TYPE OF PROJECT TYPICALLY HAS A CONTRACT VALUE IN RANGE OF EUR 130-170M (DKK 970 - 1,270M), WHICH IS ALSO EXPECTED FOR MORAY EAST PROJECT​.‍INSTALLATION OF CABLES IS EXPECTED TO COMMENCE IN 2020​.  Full Article

NKT awarded Borssele Beta offshore AC cable project
Monday, 30 Oct 2017 

Oct 30 (Reuters) - NKT :AWARDED BORSSELE BETA OFFSHORE AC CABLE PROJECT .‍CONTRACT IS AWARDED IN A CONSORTIUM WITH BOSKALIS SUBSIDIARY VBMS​.‍FOR NKT BORSSELE BETA CONTRACT VALUE WILL BE APPROX. EUR 90M​.  Full Article

NKT wins turnkey service order to restore power cable between Denmark and Norway
Monday, 23 Oct 2017 

Oct 23 (Reuters) - NKT A/S ::NKT WINS THE TURNKEY SERVICE ORDER TO RESTORE POWER CABLE BETWEEN DENMARK AND NORWAY <<>>.‍SERVICE OPERATION IS SCHEDULED TO BEGIN IN OCTOBER.​.  Full Article

NKT A/S: Financial outlook for 2017 unchanged
Tuesday, 10 Oct 2017 

Oct 10 (Reuters) - NKT A/S ::FINANCIAL UPDATE BEFORE INTENDED DEMERGER OF NILFISK .‍PRELIMINARY Q3 2017 FINANCIAL RESULTS WAS AS EXPECTED WITH REVENUE (STD. METAL PRICES) OF APPROX. EUR 303M AND OPERATIONAL EBITDA OF APPROX. EUR 44M.​.‍2017 FINANCIAL OUTLOOK FOR NKT IS UNCHANGED​.‍2017 FINANCIAL OUTLOOK FOR NILFISK IS UNCHANGED​.‍AT EXTRAORDINARY GENERAL MEETING TO BE HELD TODAY, SPLIT OF NKT A/S IS EXPECTED TO BE APPROVED​.  Full Article

NKT to initiate demerging
Monday, 11 Sep 2017 

Sept 11 (Reuters) - NKT A/S :ANNOUNCES DEMERGER PLAN FOR THE COMPANY .‍SPLIT WILL BE CONDUCTED AS A PARTIAL, TAX-EXEMPT DEMERGER OF NKT AND WILL HAVE RETROSPECTIVE EFFECT AS OF JAN 1 2017.‍SPLIT IMPLICATES THAT NKT CONTRIBUTES 100% OF NILFISK TO NILFISK A/S AND ITS AFFILIATES, TO NILFISK HOLDING A/S.NILFISK HOLDING IS A COMPANY THAT WILL BE INCORPORATED AT COMPLETION OF DEMERGER​.SHAREHOLDERS IN NKT WILL ALSO BECOME SHAREHOLDERS IN NILFISK HOLDING IN SAME PROPORTION AS THEY ARE SHAREHOLDERS IN NKT A/S​.  Full Article

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Goldman Sachs, Prysmian, others lose challenge against EU cartel fine

LUXEMBOURG Investment bank Goldman Sachs , the world's biggest cablemaker Prysmian , Nexans and eight other cable companies on Thursday lost their challenge against a 302 million euros ($353 million) EU cartel fine.