NKT expects to keep breaking records

Even if space is tight until its factories are expanded in 2027, NKT expects to earn much more in the coming years - even if things don’t go entirely according to plan, says the CEO.
Photo: Nkt
Photo: Nkt

Most things fell into place for NKT last year. Order intake was higher than ever, as was turnover, and since the EUR 1bn investment in the expansion of factories and fleet will only really be paid for in the coming years, almost DKK 1bn (EUR 134m) went into the cable manufacturer’s coffers, resulting in an operating margin of 13.2%, which is quite enviable for the wind industry. 

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
  • Must be at least 8 characters, including three of: Uppercase, lowercase, numbers, symbols
    Must contain at least 2 characters
    Must contain at least 2 characters

    Get full access for you and your coworkers

    Start a free company trial today

    Share article

    Sign up for our newsletter

    Stay ahead of development by receiving our newsletter on the latest sector knowledge.

    Newsletter terms

    Front page now

    On June 1, Senvion's former CFO Manav Sharma started as US country manager for Nordex. Soon he will have a new factory at his disposal. | Foto: Senvion

    Nordex restarts production in the US

    For subscribers

    Further reading