Denmark's NKT forecasts 2026 revenue EUR 2.63 bln-EUR 2.78 bln

NKT A/S

25/02/2026 06:40

Overview

Denmark power cable maker's Q4 revenue fell 8% organically yr/yr

Operational EBITDA for Q4 declined compared to the previous year

Company expects 2026 revenue between EUR 2.63 bln and EUR 2.78 bln

Outlook

NKT expects 2026 revenue between EUR 2.63 bln and EUR 2.78 bln

Company forecasts 2026 operational EBITDA between EUR 360 mln and EUR 410 mln

NKT anticipates stable market conditions and satisfactory execution across business lines

Result Drivers

SOLUTIONS GROWTH - Solutions revenue increased by EUR 108m driven by high activity levels and satisfactory execution of orders

APPLICATIONS DEMAND - Applications revenue increased by EUR 153m supported by robust demand in the power distribution grid segment

SERVICE & ACCESSORIES ACTIVITY - Service & Accessories revenue grew by EUR 60m due to high market activity and execution in both onshore and offshore services

Company press release: ID:nWkr9y5Whk

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Revenue
EUR 643 mln
Q4 Adjusted EBITDA
EUR 85 mln
Q4 Adjusted EBITDA Margin
13.20%
Q4 Organic Growth
-8.00%


Analyst Coverage

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 4 "strong buy" or "buy", 5 "hold" and 3 "sell" or "strong sell"

The average consensus recommendation for the electrical components & equipment peer group is "buy."

Wall Street's median 12-month price target for Nkt A/S is DKK825.05, about 6.3% above its February 24 closing price of DKK776.00

The stock recently traded at 26 times the next 12-month earnings vs. a P/E of 25 three months ago

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)