EnergyWatch

NKT's results dive

The Danish cable manufacturer booked a first quarter decline in revenue, while the operating result and profit were written in red. The company maintains its full-year guidance.

The first quarter of 2019 was a disappointment for NKT, which recorded decreased revenue, operating result and profit.

Revenue slid organically by 16 percent relative to the same period last year, landing at EUR 205 million in standard metal prices.

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