NKT upgrades guidance, presents preliminary fiscal figures

Cable maker NKT upgrades its guidance and presents preliminary financial numbers in a market update Tuesday morning.


Danish cable manufacturer NKT upgrades its guidance, now expecting revenue in standard metal prices to land at EUR 1.2bn against the previously expected upper end of EUR 1.1-1.2bn.

The company also raises its forecast for earnings before interest, taxes, depreciations and amortizations to EUR 125-135m from the previously expected upper end of EUR 80-110m.

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