CPSE:NKTElectrical
Assessing NKT (CPSE:NKT) Valuation After Record €2.2b Eastern Green Link 3 Contract
NKT (CPSE:NKT) has secured its largest single cable contract, a firm agreement worth more than €2.2b for the Eastern Green Link 3 HVDC project in the UK. This deal expands the company’s high voltage order backlog.
See our latest analysis for NKT.
NKT’s EGL3 contract and recent decision to refinance its subordinated capital securities come against a backdrop of firm share price momentum, with a 1 day share price return of 3.3%, a 7 day share price return of 8.4%, and a 1 year total shareholder...