Cable manufacturer NKT reduces deficit before major acquisition

Cable manufacturer NKT makes progress during 2016 and expects a bright future in the European transmission market after acquiring ABB's cable division. However, the year will not exactly be booming. The result improved by EUR 22 million but the bottom line remains in the red.

Danish cable manufacturer NKT Cables has cut its deficit in half during 2016 landing at a loss of EUR 22 million. In 2015, the result was a loss of EUR 44 million.

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 contain at least 6 characters
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

Sign up for our newsletter

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

Newsletter terms

Front page now

Further reading


See all jobs