Duyuru • Jun 19
Nkt Celebrates Commercial Operation of the Champlain Hudson Power Express Transmission Line in the Us NKT participated in the official inauguration of the high-voltage direct current (HVDC) Champlain Hudson Power Express transmission line in New York City in the United States. At an event in New York, NKT celebrated the official inauguration of the 400 kV HVDC interconnector Champlain Hudson Power Express with its customers Transmission Developers (TDI) and Hydro-Québec. The transmission line spans more than 600 km (372 miles) from Québec, Canada, to the heart of New York City. It represents a major step in transforming the city's energy system capable of supplying enough Canadian hydropower to cover up to 20% of electricity demand - equivalent to power for approximately one million households. Awarded in 2022, the turnkey project has been executed by NKT and has comprised engineering, manufacturing as well as installation of the 400 kV HVDC power cable system. The transmission line reached commercial operation in May, ahead of schedule. The Champlain Hudson Power Express is now capable of transmitting up to 1,250 megawatts of renewable hydropower from Canada to New York City as a substantial contribution to the city's energy transition. The project has involved extensive manufacturing as well as large-scale onshore and offshore installation works across multiple environments, including Lake Champlain and the Hudson and Harlem rivers. NKT has previously completed the grid connection on the Canadian side of the border, enabling a fully integrated transmission link to New York City. The commissioning follows years of planning, development and installation, and was marked at the official inauguration event held in New York City on 16 June 2026. Reported Earnings • May 14
First quarter 2026 earnings released: EPS: €1.08 (vs €1.01 in 1Q 2025) First quarter 2026 results: EPS: €1.08 (up from €1.01 in 1Q 2025). Revenue: €864.0m (up 3.2% from 1Q 2025). Net income: €58.0m (up 7.4% from 1Q 2025). Profit margin: 6.7% (up from 6.5% in 1Q 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Electrical industry in Germany. Duyuru • May 07
Nkt Launches Ieee-Qualified Medium Voltage Splice for the North American Market NKT, a European manufacturer of power cable systems and accessories, was strengthening its presence in North America with the launch of JCSI-35, an IEEE-qualified, all-in-one medium-voltage cold-shrink splice. Designed to deliver high reliability, electrical integrity and long-term service life, the solution is engineered to perform under demanding operating conditions across the United States and Canada. The launch marks an important step in NKT's regional expansion, building on its established role as a supplier to major infrastructure projects, including the Champlain Hudson Power Express. With the launch of JCSI-35 - an all-in-one medium-voltage cold-shrink splice - NKT is broadening its product offering to meet growing demand from distribution system operators in the United States and Canada. Designed specifically for the requirements of the North American market, JCSI-35 is qualified to IEEE 404 and is suitable for 15 kV, 28 kV and 35 kV applications. It combines best-in-class components trusted across the industry with NKT's own design and material enhancements to ensure reliable electrical performance and long service life under demanding grid conditions. Reliability is central to the design of JCSI-35. The splice has passed IEEE 404 testing, demonstrating its ability to withstand real-world electrical and environmental stresses, including partial discharge testing. A key contributor to this reliability is the integrated shear-bolt connector, which is tested to ANSI C119.4 Class C. The connector ensures precise torque application, delivering a secure and consistent electrical connection while reducing installation errors and enhancing operational safety. A central element of JCSI-35's reliability is its engineered silicone body, designed to ensure long-term mechanical and electrical stability. The splice body is manufactured from an extra-high tear strength silicone material, allowing controlled expansion during installation without splitting. The material provides high dielectric strength, reliable low-temperature recovery and consistent performance throughout the product's service life. A thicker cross-section at critical points reduces surface stress, further enhancing durability under demanding grid conditions. To address another key failure mode in the market, JCSI-35 features a robust internal and external sealing system designed to prevent moisture ingress and maintain long-term insulation integrity. JCSI-35 is aimed at distribution system operators, installers and distributors across the United States and Canada, where demand for IEEE-qualified, cold-applied accessories continues to grow. NKT supports the launch with local sales expertise. Other IEEE qualified accessories will follow as they become ready for sale, enabling us to support utilities and their partners with reliable solutions across the cable system. Board Change • Mar 26
Less than half of directors are independent There are 5 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 5 independent directors. 6 non-independent directors. Independent Director Anne Vedel was the last independent director to join the board, commencing their role in 2023. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Duyuru • Mar 26
NKT A/S Announces Board Appointments NKT A/S at its Annual General Meeting held on March 25, 2026 announced that Martin Tranberg Nielsen and Allan Sølberg Ellekær serve as employee representatives on the Board of Directors following the election held on 19 March 2026. Recent Insider Transactions • Mar 20
President & CEO recently bought €1.6m worth of stock On the 18th of March, Claes Westerlind bought around 15k shares on-market at roughly €108 per share. This transaction increased Claes' direct individual holding by 2x at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was Claes' only on-market trade for the last 12 months. Duyuru • Mar 04
NKT A/S, Annual General Meeting, Mar 25, 2026 NKT A/S, Annual General Meeting, Mar 25, 2026, at 15:45 Romance Standard Time. Location: amerika plads 29, 2100 copenhagen., Denmark Reported Earnings • Feb 26
Full year 2025 earnings released: EPS: €4.93 (vs €4.19 in FY 2024) Full year 2025 results: EPS: €4.93 (up from €4.19 in FY 2024). Revenue: €3.57b (up 9.6% from FY 2024). Net income: €264.0m (up 17% from FY 2024). Profit margin: 7.4% (up from 6.9% in FY 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 9.4% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Electrical industry in Germany. Duyuru • Feb 25
NKT A/S Provides Earnings Guidance for the Year 2026 NKT A/S provided earnings guidance for the year 2026. Revenue (in standard metal prices) is expected to be approximately EUR 2.63 billion - EUR 2.78 billion. Duyuru • Feb 06
NKT A/S Appoints Michael Yong As Chief Financial Officer Effective April 1, 2026 NKT A/S has appointed Michael Yong as Chief Financial Officer (CFO) of NKT and NKT A/S, effective from April 1, 2026. Michael Yong currently serves as Chief Strategy Officer at NKT and is a member of the Group Leadership Team. He has been responsible for the strategy function since joining the company in 2021. Prior to joining NKT, Michael Yong held a number of senior international leadership positions within the power cable and energy infrastructure industries. His experience includes previous CFO responsibilities, strategy development, M&A and business transformation at SGB-SMIT Group and Prysmian Group. Michael Yong succeeds Line Andrea Fandrup, who has decided to leave NKT no later than the end of April 2026. Duyuru • Jan 13
Nkt Launches New Dry-Type High-Voltage Outdoor Terminations to Enhance Safety and Reduce Environmental Risk in the Power Grid NKT launched the KFEV 245 dry-type outdoor termination to address concerns brought by the conventional oil-filled technology that still largely dominates the market. The KFEV 245 has been developed to meet growing demand for safe alternatives in modern power transmission systems. It offers a range of practical improvements that address the need for reduced complexity and simplified installation. Oil-filled outdoor terminations still dominate the high-voltage cable accessories market. However, customers increasingly prefer dry-type terminations for environmental and safety reasons, similar to those widely introduced and favoured at lower voltage levels in recent years. To meet growing demand and set the standard for the best solutions in the market, NKT is now introducing the KFEV 245 dry - dry-type outdoor termination for 245 kV power cable systems. The demand in the market for high-voltage dry-type outdoor terminations has been increasing in recent years. High-voltage power cable systems can benefit from terminations that allow faster, easier, and safer installation. Dry-type terminations are more reliable and sustainable because they eliminate the risk of oil leaks, thereby minimising potential negative environmental impact, says Biswajit Singh, Senior Director, Product Management Accessories at NKT. A simple and robust design: The KFEV 245 dry plug-in outdoor termination is now part of NKT's comprehensive high-voltage accessories portfolio, covering the full HVAC voltage range up to 550 kV. Like the rest of the high-voltage accessoriesfolio, this new termination is manufactured at NKT's high-voltage cable accessories centre of excellence in Alingsas, Sweden. Reported Earnings • Nov 20
Third quarter 2025 earnings released: EPS: €1.21 (vs €1.02 in 3Q 2024) Third quarter 2025 results: EPS: €1.21 (up from €1.02 in 3Q 2024). Revenue: €936.0m (up 9.3% from 3Q 2024). Net income: €65.0m (up 18% from 3Q 2024). Profit margin: 6.9% (up from 6.4% in 3Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 9.5% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Electrical industry in Germany. Valuation Update With 7 Day Price Move • Nov 19
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to €111, the stock trades at a forward P/E ratio of 28x. Average forward P/E is 28x in the Electrical industry in Germany. Simply Wall St's valuation model estimates the intrinsic value at €153 per share.