EnergyWatch

NKT launches new strategy, takes Q3 status

The Danish cable manufacturer maintains 2022 guidance and reveals a new strategy.

Photo: NKT / PR

In connection with presenting its new Renew Boost strategy at this year’s capital markets day, NKT provides an account of its third-quarter performance thus, also updating its medium-term guidance, the Danish cable company informs in an update Thursday morning.

Earnings before interest, taxes, depreciations and amortizations for this year’s third quarter are projected slightly below the same item from the same quarter last year, showing operating earnings of EUR 45m.

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