EnergyWatch

NKT performs as expected

The cable manufacturer had no surprises to announce one month after presenting its preliminary results.

NKT (formerly NKT Cables) confirms in its third quarter interim report Wednesday what was indicated in the preliminary financial results presented by the company on Oct. 10.

"The financial development in both NKT and NKT Photonics was satisfactory in Q3 2017.In NKT, revenue and earnings increased as expected on the back of acquired activities. 2017 financial outlook unchanged for NKT and adjusted for NKT Photonics," says Group CEO Michael Hedegaard Lyng in the interim report.

Read the whole article

Get 14 days free access.
No credit card required.

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from EnergyWatch

New developer has 11GW offshore wind ready from inception

Profiles from European Energy, Ørsted and Centrica team up to found a new company aiming to develop solar, onshore wind, offshore wind and do power trading. Theres a hole in the market for us right now — in five years it will be closed, says director.

CIP hires Dutch profile

Current CFO at TenneT Otto Jager will join CIP as partner, with a primary focus on flagship funds.

Further reading

Related articles

Latest News

See all jobs