NKT maintains forecast

The Danish cable manufacturer has improved upon last year's million euro deficit in the first quarter, but there is still not a profit on the bottom line.

NKT is maintaining its forecast for cable activities in 2018, projecting revenue of EUR 1.0 - 1.1 billion and an operational EBITDA of approximately EUR 90 - 110 million.

Revenue for photonics is projected at approximately EUR 65- 70 and an EBITDA of approximately EUR 10 million.

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