EnergyWatch

NKT performs as expected

The cable manufacturer had no surprises to announce one month after presenting its preliminary results.

NKT (formerly NKT Cables) confirms in its third quarter interim report Wednesday what was indicated in the preliminary financial results presented by the company on Oct. 10.

"The financial development in both NKT and NKT Photonics was satisfactory in Q3 2017.In NKT, revenue and earnings increased as expected on the back of acquired activities. 2017 financial outlook unchanged for NKT and adjusted for NKT Photonics," says Group CEO Michael Hedegaard Lyng in the interim report.

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