NKT's shares jump on quarterly beat, 2025 outlook upgrade

NKT A/S

15/08/2025 08:11

** Shares in NKT NKT.CO rise 10% after the Danish cable solutions provider posted its second-quarter print, with all segments beating market view and the company raising its outlook for 2025

** "Applications and Service (segments) drove the EBITDA beat and new guidance, helped by new capacity and stronger contribution from SolidAl," Jefferies says in a note

** The broker notes revenue from Solutions segment also surprised on pricing and execution

** NKT now sees 2025 revenue of 2.65 billion–2.75 billion euros, up from 2.37 billion–2.52 billion euros, and operational EBITDA of 360 million–390 million, versus 330 million–380 million previously

** NKT stock on top of pan-European 600 index .STOXX, and on track for best day since May 2022, if gains hold

 (Reporting by Jesus Calero)

 ((jesus.calero@thomsonreuters.com))