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NKT targets double revenue in business unit

The Danish cable manufacturer closes the second quarter with flying colors, with a record-sized order book resulting in factory expansion, which along with other extensions propels the Solutions division forward to nearly doubling its top line.

Photo: Stine Bidstrup/ERH

This year’s second quarter plus a few extra days were hallmarked by three big events for the Danish cable company.

NKT fully succeeded in filling up its order book with contracts, such as the 1.4bn Champlain Hudson Power Express project in North America, welcoming return German customer Suedost Link in a deal worth ”less than” EUR 700m. Add to that a contract allocation for offshore wind farm East Anglia Three in early July.

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