NKT jumps on Q1 EBITDA beat, strong order backlog growth

NKT A/S

13/05/2026 09:26

** Shares in Danish cable solutions provider NKT NKT.CO rise around 5% after reporting a core profit beat

** NKT posted an operational EBITDA of EUR 97 million ($113.65 million) for the quarter, ahead of analyst consensus of EUR 84 million

** Jefferies says EBITDA beat consensus by 15%, and underlying segment EBITDA beat by 3% excluding the non-allocated cost beat

** The broker adds that the high-voltage order backlog reached EUR 13.5 billion, showing strong sequential growth, supported by the EGL3 win and SSE conversion

** NKT shares are on track for best day since November 2025, if gains hold

($1 = 0.8535 euros)

(Reporting by Elviira Luoma)

((Elviira.luoma@thomsonreuters.com))