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NKT builds on solid performance

The Danish cable manufacturer maintains full-year guidance after both the top and bottom line reveal growth in the first quarter.

Photo: NKT
BY VIKTOR BRANDT KÆRGAARD, TRANSLATED BY CHRISTOFFER ØSTERGAARD

Cable manufacturer NKT notes increasing revenue and earnings in the summary section of its first quarter report.

In terms of std. metal prices, revenue has grown to EUR 319.2m in Q1 2022 against EUR 296m in Q1 2021, corresponding to 7% organic growth, NKT writes in the interim report.

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