EnergyWatch

Capacity utilization and 2018 estimate in spotlight for NKT

The risk of a temporary order drought could be the wild card tomorrow, Tuesday, when the Danish cable manufacturer presents its Q4 financial report.

NKT will present its fourth quarter interim report as well as its annual report 2017 on Tuesday this week. Analysts and observers' attention will be steered toward the company's 2018 estimates in the wake of a period with a lack of orders to execute this year.

"We still see a risk that NKT will not be able to secure full capacity utilization at the high-voltage factory in Karlskrona [Sweden, -ed.], where EUR 100-150 million is still lacking in orders," writes share analyst Janne Vincent Kjær from Jyske Bank in a prelude to the report.

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