NKT A/S/€NKT

1D1W1MYTD1Y5YMAX

About NKT A/S

NKT A/S is a company operating in the electrical equipment industry, primarily focusing on the manufacturing and supply of power cables. The company's core products include high-voltage cables, low- and medium-voltage cables, as well as cable accessories and solutions tailored for the energy sector. Founded in 1891, NKT is headquartered in Brøndby, Denmark, and has a significant presence across Europe with manufacturing facilities and offices supporting its operations. The company is strategically positioned to address modern energy needs, offering products and solutions that support the development and maintenance of energy infrastructure, including renewable energy projects. NKT's competitive strengths lie in its technical expertise and comprehensive product portfolio, which allow it to serve a diverse range of customers, including utilities and industrial clients.
Ticker
€NKT
Sector
Industrials
Primary listing
XGAT
Employees
6,652
Headquarters
Copenhagen, Denmark
Website
www.nkt.com

NKT A/S Metrics

BasicAdvanced
€6.7B
25.07
€4.96
0.64
-

Bulls say / Bears say

NKT reported record-high Q1 2026 order intake, exceeding EUR 4.2 billion from two major high-voltage contracts, while Q1 operational EBITDA rose to EUR 97 million and margin improved to 16.0%. The awards materially extend revenue visibility and support NKT’s positioning in the high-voltage market. (NKT Q1 2026 Results)
Management raised 2026 operational EBITDA guidance to approximately EUR 400–430 million from EUR 360–410 million, citing strong execution led by Transmission and Grid Solutions & Accessories. H1 operational EBITDA reached EUR 201 million, with the margin improving to 15.8% at standard metal prices. (NKT 2026 Financial Outlook Update)
NKT is expanding capacity while strengthening its technology offering: the Danish medium-voltage expansion became operational in June, and the company qualified a 525 kV HVDC subsea cable system for 90°C operation in August. These developments can improve its ability to serve grid expansion, offshore wind and interconnector projects. (NKT Capacity Expansion; NKT HVDC Technology)
Organic revenue at standard metal prices fell 7% year over year in H1 2026, with Q2 Transmission revenue declining as the Champlain Hudson project reached commercial operation. This highlights potentially lumpy revenue as major projects move from construction into operations. (NKT H1 2026 Interim Report)
Free cash flow was negative EUR 249 million in Q2 2026, primarily due to working-capital movements and ongoing capacity investments. Continued spending on Karlskrona, Cologne, Portugal and the second cable-laying vessel could constrain cash generation before the new assets ramp up. (NKT H1 2026 Interim Report)
The 2026 outlook depends on satisfactory execution of high-voltage projects and investments, stable market conditions, and no worsening of supply-chain, labour or Middle East-related disruptions. This leaves downside risk from project delays, cost inflation or execution problems in a highly complex business. (NKT 2026 Financial Outlook Update)
Data summarised monthly by Lightyear AI. Last updated on 14 Sept 2026.
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Market data provided by CBOE Europe and Deutsche Börse.