NKT stands by its Karlskrona factory
![CFO Roland M. Andersen is confident that order book diversity can lead to an upturn. | Photo: NKT / PR](https://photos.watchmedier.dk/watchmedier/resize:fill:3840:0:0/plain/https://photos.watchmedier.dk/Images/article11772422.ece/ALTERNATES/schema-16_9/doc782ml82l1zra7fn1mgy.jpg)
NKT's slump began in late 2018 with a big earnings forecast downgrade and the dismissal of chief executive Michael Hedegaard Lyng. Here, the company booked a downward adjustment of its expected earnings before interest, taxes, depreciations and amortizations from EUR 90-110 million to EUR 70 million.
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