NKT A/S

NKT A/S

110.60
EUR
-1.10
(-0.98%)
5.15EPS
24.49P/E
6.74BMarket Cap
Nov 19Next Earn
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
72.17
72.87
42.1
35.04
44.28
44.87
45.42
43.76
38.95
44.72
51.23
60.54
66.57
66.81
Basic EPS, GAAP
1.15
1.3
0.03
0.41
27.8
-1.38
-2.57
-2.22
0.09
1.34
2.47
6.27
5.14
5.15
Free Cash Flow per Basic Share
0.29
5.14
3.51
2.5
-3.64
-3.12
1.85
2.11
0.52
3.06
6.73
10.72
-3.66
-1.67
Dividend per Share
0.87
0.38
0.44
0.44
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
25.81
27.22
27.19
28.74
24.39
26.76
23.9
23
24.78
24.45
29.37
34.53
41.03
42.28
Tangible Book Value per Share
16.7
17.31
15.98
26.52
6.54
9.16
6.24
9.6
11.5
13.15
19.22
22.49
27.97
29.3
Basic Weighted Avg Shares
29
29
30
30
33
33
30
34
47
46
50
54
54
54
Sales/Revenue/Turnover
2,119
2,129
1,252
1,046
1,479
1,502
1,342
1,470
1,828
2,079
2,567
3,252
3,565
3,594
Operating Margin (%)
17.28
18.08
9.83
15.06
16.09
11.52
8.78
10.68
13.11
14.23
16.6
16.91
16.16
16.72
Depreciation Expense
80
75
80
42
79
87
101
97
95
85
90
103
133
138
Net Income, GAAP
34
38
1
12
929
-46
-76
-74
4
62
124
337
275
277
Effective Tax Rate (%)
27.4
30.71
- -
- -
230.77
- -
- -
- -
24.2
29.63
20.13
13.87
6.46
5.14
Profit Margin (%)
1.6
1.78
0.08
1.16
62.79
-3.08
-5.66
-5.07
0.22
3
4.83
10.36
7.71
7.71
Working Capital
351
295
284
726
-58
15
-143
76
60
47
608
1,069
652
441
LT Debt
281
177
144
83
333
268
238
201
196
181
196
221
229
236
Total Equity
760
802
810
951
816
896
804
1,076
1,160
1,144
1,575
1,853
2,193
2,260
Return on Invested Capital (%)
24.13
25.04
- -
- -
-27.92
- -
- -
- -
13.58
15.25
21.55
23.9
23.07
23.58
Return on Capital (%)
4.39
4.49
- -
- -
82.31
- -
- -
- -
0.32
4.39
8.46
17.76
12.71
11.77
Return on Common Equity (%)
4.43
4.86
0.12
1.38
105.09
-5.41
-8.94
-7.92
0.37
5.42
9.12
19.66
13.59
13.15

Capital Structure

EUR

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
22
49
23
LT Borrowings
125
124
123
LT Finance Leases
104
116
113
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
53
53
53
Market Capitalization
5,602
5,751
6,740

Working Capital

EUR

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
2,627
2,513
2,373
Cash, Cash Equivalents & STI
1,214
1,131
850
Accounts Receivable, Net
349
359
419
Inventories
439
483
517
Total Current Liabilities
1,975
1,980
1,932
Payables & Accruals
- -
- -
- -
ST Debt
22
49
23
Deferred Revenue
- -
- -
- -

Growth Rates

EUR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
11.68%
16.01%
18.35%
Free Cash Flow
6.43%
98.63%
-134.03%
Net Income, GAAP
1,021.18%
313.71%
-18.4%
Sales/Revenue/Turnover
12.32%
19.57%
9.62%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

EUR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
704
802
856
890
3,252
2025
837
945
936
847
3,565
2026
864
947
- -
- -
- -

Quarterly Earnings Per Share

EUR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.86
3.36
1.04
1.04
6.27
2025
1.06
1.01
1.24
1.81
5.14
2026
1.16
0.95
- -
- -
- -

Quarterly Dividends Per Share

EUR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Company Description

CEO
Claes Westerlind
Full Time Employees
6,627
Sector
Producer manufacturing
Industry
Electrical products
Address
Amerika Plads 29 Copenhagen CR Denmark 2100
IPO Date
Jan 1, 1898
Website
nkt.dk
Business
NKT A/S is a Denmark-based global provider specializing in the design, manufacture, and installation of turnkey AC/DC power cable solutions. The company offers a comprehensive range of products and services through its four main business lines: Solutions, which focuses on high-voltage direct current (HVDC) and alternating current (HVAC) power cable systems for interconnectors, offshore wind farms, and power-from-shore projects; Applications, providing low- and medium-voltage power cables for building, renewable energy, and industrial applications; Accessories, supplying cable joints, connectors, and terminations for medium- to high-voltage cables; and Service & Installation, delivering cable jointing, repairing, and monitoring services. NKT operates modern manufacturing facilities primarily in Europe and serves customers across more than 30 markets worldwide. Founded in 1891, the company is headquartered in Brøndby, Copenhagen, and publicly listed on Nasdaq Copenhagen. In recent developments, NKT executed a strategic acquisition of SolidAl – Condutores Eléctricos, S.A., a Portugal-based power cable manufacturer, in June 2024. This acquisition expanded NKT's medium- and high-voltage production capacity to meet growing demand from grid upgrades and renewable energy projects in Europe. Alongside this, the company announced a new corporate strategy named "Charging Forward" in November 2025, outlining medium-term financial ambitions through 2030 and accompanying organizational updates to better execute its strategic priorities. Financial performance in 2025 has been robust, highlighted by double-digit organic growth and record-high operational EBITDA, driven by high project activity and expanded production capabilities. Additionally, NKT is progressing with the construction of a new cable-laying vessel to support offshore cable installations, expected to be operational from 2027. NKT's products and services are geared towards the energy sector, focusing on sustainable and reliable power transmission infrastructure. The company's specialized expertise includes high-voltage power cable solutions for offshore and onshore transmission, renewable energy integration, and electrical infrastructure supporting industrial, commercial, and residential markets. Through its strategic acquisitions and refined organizational focus, NKT continues to strengthen its market position in Europe and globally, supporting the transition to greener energy systems with innovative cable technology solutions. The company employs approximately 6,000 people and maintains production sites in over 10 European countries, reinforcing its capability to deliver complex power cable projects across diverse geographical markets. NKT's ongoing investments in capacity expansion and innovation underpin its commitment to advancing the energy transition and supporting large-scale infrastructure developments. This description comprehensively covers NKT’s core offerings, recent strategic developments, geographic footprint, and market focus as of late 2025.

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