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NKT A/S (NKT.BE)

67.80

+1.65

+(2.49%)

As of 4:15:08 PM GMT+1. Market Open.

Notification of major shareholding – correction

Company Announcement 14 January 2025Announcement No. 3 Notification of major shareholding – correctionThis Company Announcement is a correction to Company Announcement No. 2 of 14 January 2025. The name of the major shareholder has been corrected and aligned throughout the announcement. With reference to Section 30 of the Danish Capital Market Act, NKT A/S has been informed that Norges Bank has acquired share capital and voting rights in NKT A/S resulting in the 5% threshold for share capital to

GlobeNewswire 22 hours ago

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Notification of major shareholding

Company Announcement 10 January 2025Announcement No. 1 Notification of major shareholding With reference to Section 30 of the Danish Capital Market Act, NKT A/S has been informed that Norges Bank has changed its holdings. Initially, they had acquired share capital and voting rights in NKT, resulting in the 5% threshold being passed. Norges Bank’s aggregated position of shares and financial instruments was then 2,688,506 shares corresponding to 5.04% of the share capital and voting rights of NKT

GlobeNewswire 5 days ago

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NKT awarded two high-voltage projects under existing framework agreement with TenneT

Company Announcement 27 December 2024 Announcement No. 38 NKT awarded two high-voltage projects under existing framework agreement with TenneT NKT has been awarded two turnkey projects in Germany under the existing multi-year framework agreement with TenneT. The projects are part of TenneT’s 2GW Program, which is considered one of the most ambitious infrastructure projects in the energy transition of Europe. TenneT, the Dutch-German transmission system operator, has selected NKT to provide 525 k

GlobeNewswire 19 days ago

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NKT A/S concludes share buyback programme

Company Announcement 4 December 2024Announcement No. 37 NKT A/S concludes share buyback programme On 3 December 2024, 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. 36 of 2 December 2024. 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 of 16 Apr

GlobeNewswire last month

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Initiation of share buyback programme to meet obligations for share-based incentives

Company Announcement 2 December 2024Announcement No. 36 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 last month

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NKT updates medium-term financial ambitions

Company Announcement 2 December 2024Announcement No. 35 NKT updates medium-term financial ambitions As NKT continues to execute on its strategy, ReNew BOOST, financial ambitions for 2028 are updated to reflect the effects of the ongoing investments and the underlying profitability of the high-voltage order backlog. The operational EBITDA ambition for 2028 is updated to above EUR 700m from previously above EUR 550m. In Company Announcement no. 28 of 24 May 2023, NKT announced updated medium-term

GlobeNewswire last month

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NKT A/S Interim Report Q1-Q3 2024: 25% organic growth and record-high EBITDA in Q3 2024

Company Announcement 14 November 2024Announcement No. 34 NKT A/S Interim Report Q1-Q3 2024: 25% organic growth and record-high EBITDA in Q3 2024 NKT CEO Claes Westerlind says: - In Q3 2024, we continued the execution of the high-voltage order backlog and the ongoing investments across seven of our production sites. This positively impacted the financial performance, where we delivered double-digit revenue growth for the eighth consecutive quarter and record-high quarterly operational EBITDA of E

GlobeNewswire 2 months ago

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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 4 months ago

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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 5 months ago

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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 6 months ago

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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 6 months ago

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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 7 months ago

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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 7 months ago

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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 8 months ago

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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 8 months ago

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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 9 months ago

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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 9 months ago

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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 10 months ago

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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 10 months ago

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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 10 months ago

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Performance Overview

Return	NKT.BE	OMX Copenhagen 25 Index
YTD	-1.45%	+0.08%
1-Year	+5.20%	-5.15%
3-Year	+77.66%	-2.01%

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NKT A/S (NKT.BE)

Notification of major shareholding – correction

Notification of major shareholding

NKT awarded two high-voltage projects under existing framework agreement with TenneT

NKT A/S concludes share buyback programme

Initiation of share buyback programme to meet obligations for share-based incentives

NKT updates medium-term financial ambitions

NKT A/S Interim Report Q1-Q3 2024: 25% organic growth and record-high EBITDA in Q3 2024

NKT A/S Q2 2024 Interim Report: 29% organic growth and record quarterly EBITDA

NKT confirmed partner for two Scottish power cable projects with SSEN Transmission

NKT announces preliminary Q2 2024 financial figures and updates financial outlook for 2024

NKT acquires SolidAl, adding medium- and high-voltage capacity to address growing grid demand

NKT names new market leading cable laying vessel able to run on methanol

NKT completes divestment of NKT Photonics

NKT A/S Q1 2024 Interim Report: 27% organic growth and investments in Solutions and Applications

Divestment of NKT Photonics approved by the Danish Business Authority

NKT invests in medium-voltage power cable business to boost capacity for growing demand

Annual General Meeting 2024 of NKT A/S

NKT secures order for two power cable projects and invests in additional high-voltage capacity in Germany

Notice convening the NKT Annual General Meeting

NKT A/S Annual Report 2023: 36% organic growth and record-high operational EBITDA

Performance Overview