NKT lost millions in 2019
The Danish cable maker takes stock of its order pipeline after a miserable year in earnings but expects 2020 to be far off mark of the target set in 2017 upon splitting up the business.
Danish cable producer NKT's 2019 bottom line ended up worse than feared and was burdened by a low activity level, ending the year with a deficit of EUR 76 million, while revenue slid 10.6 percent to EUR 1.342 billion.
Already a subscriber?Log in here
Read the whole article
Get access for 14 days for free. No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.
With your free trial you get:
- Access all locked articles
- Receive our daily newsletters
- Access our app
Get full access for you and your coworkers
Start a free company trial todayRelated articles:
NKT lands five-year service deal with Irish TSO
For subscribers
Nexans reports poor operating earnings
For subscribers
World's longest subsea interconnector secures first income
For subscribers
