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NKT A/S (NKT.CO)

NKT.CO on Copenhagen Stock Exchange

275.00DKK
9:27am EST
Change (% chg)

kr.3.50 (+1.29%)
Prev Close
kr.271.50
Open
kr.274.10
Day's High
kr.275.40
Day's Low
kr.274.00
Volume
66,515
Avg. Vol
151,787
52-wk High
kr.577.00
52-wk Low
kr.242.30

Latest Key Developments (Source: Significant Developments)

NKT Q3 operational EBITDA at EUR 43.8‍​ million
Wednesday, 15 Nov 2017 01:30am EST 

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 03:19am EST 

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 03:00am EDT 

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 03:47am EDT 

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 04:15am EDT 

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 be split into two independently listed companies
Monday, 18 Sep 2017 02:51am EDT 

Sept 18 (Reuters) - NKT A/S::TO BE SPLIT INTO TWO INDEPENDENTLY LISTED COMPANIES.‍DECIDED TO SEEK A SPLIT OF COMPANY INTO TWO STAND-ALONE BUSINESSES - NILFISK AND NKT.​.‍DEMERGER IS SUBJECT TO APPROVAL AT AN EXTRAORDINARY GENERAL MEETING TO BE HELD ON 10 OCTOBER 2017 AND WHICH WILL BE CONVENED VIA A SEPARATE ANNOUNCEMENT TODAY​.‍MEDIUM-TERM, THREE TO FIVE YEARS, FINANCIAL TARGET IS ORGANIC REVENUE GROWTH OF 3% TO 5% PER YEAR​.‍FOR 2017, NILFISK EXPECTS ORGANIC REVENUE GROWTH OF 2% TO 4% AND AN EBITDA MARGIN BEFORE SPECIAL ITEMS OF 11.0% TO 11.5%​.‍IN CONNECTION WITH DEMERGER, NILFISK HAS SET MEDIUM-TERM, THREE TO FIVE YEARS; SEES EBITDA MARGIN BEFORE SPECIAL ITEMS OF 13% TO 15%​.‍NILFISK PLANS TO ADOPT A DIVIDEND POLICY WITH A TARGET PAY-OUT OF APPROXIMATELY ONE THIRD OF PROFIT FOR YEAR​.‍FIRST DIVIDEND PAYMENT IS EXPECTED TO BE PAID IN 2019 ON BASIS OF 2018 RESULTS​.‍FURTHER EXCESS CASH CAN BE DISTRIBUTED AS SHARE BUYBACKS OR EXTRAORDINARY DIVIDENDS​.  Full Article

NKT A/S Q2 operational EBITDA EUR 42.9 ‍​million, above estimates
Thursday, 17 Aug 2017 01:31am EDT 

Aug 17 (Reuters) - NKT A/S :Q2 2017: SIGNIFICANT INCREASE IN OPERATIONAL EBITDA .2017 OUTLOOK MAINTAINED.Q2 TOTAL REVENUE EUR 390.3 ‍​ MILLION (REUTERS POLL: EUR 409 MILLION).Q2 OPERATIONAL EBITDA EUR 42.9 ‍​ MILLION (REUTERS POLL: EUR 40.3 MILLION).  Full Article

NKT Photonics to acquire Onefive, supplier of ultrafast lasers‍​
Thursday, 6 Jul 2017 09:00am EDT 

July 6 (Reuters) - NKT A/S ::NKT PHOTONICS TO ACQUIRE ONEFIVE, A LEADING SUPPLIER OF ULTRAFAST LASERS.AGREEMENT IS SUBJECT TO CERTAIN CUSTOMARY CLOSING CONDITIONS, AND IS EXPECTED TO BE CLOSED IN THE BEGINNING OF SEPTEMBER 2017.‍​.  Full Article

NKT Q1 EBIT loss EUR 10.6 million; bigger than expectations
Wednesday, 17 May 2017 02:02am EDT 

May 17 (Reuters) - NKT A/S :Q1 TOTAL REVENUE EUR 281.3 MILLION (REUTERS POLL: EUR 257 MILLION).Q1 EBIT LOSS EUR 10.6 MILLION (REUTERS POLL: LOSS EUR 5.6 MILLION).2017 OUTLOOK RECONFIRMED.  Full Article

NKT Holding updates 2017 outlook for NKT Cables
Tuesday, 11 Apr 2017 03:11am EDT 

NKT HOLDING A/S : UPDATED 2017 OUTLOOK FOR NKT CABLES AND DELIVERY TAKEN OF CABLE-LAYING VESSEL . 2017 OUTLOOK FOR NILFISK AND NKT PHOTONICS REMAINS UNCHANGED, . NKT CABLES EXPECTS REVENUE (STD. METAL PRICES) IN 2017 OF APPROX. EUR 1.1BN .OPERATIONAL EBITDA FOR 2017 IS EXPECTED TO BE APPROX. EUR 140M AGAINST PREVIOUS OUTLOOK OF AN OPERATIONAL EBITDA MARGIN OF APPROX. 9.5%, EQUIVALENT TO APPROX. EUR 70M.  Full Article