Denmark's NKT Cables makes gains on top and bottom lines

Cable manufacturer NKT Cables grew during an eventful quarter ahead of the company's intention to split NKT A/S into two listed entities.

by MAZ PLECHINGER

Danish cable manufacturer NKT Cables saw increases in the first three months of the year. Revenue in the cable division grew 13.4 percent to EUR 185.2 million, relative to the same period last year, while operational EBITDA rose from EUR 27.2 million to EUR 35.1 million, shows the company's Q1 report Wednesday.

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