NKT shares rise on 'strong Q3' and outlook

NKT A/S

19/11/2025 08:24

** Shares in Danish cable solutions provider NKT NKT.CO rise 11.7% after company reported Q3 numbers and provided 2030 targets

** Jefferies highlights that Q3 operational EBITDA beat consensus by 22%, driven by a large one-off repair and continued high activity in its Solutions unit

** NKT's new plan targets operational EBITDA above EUR 900 million by 2030, which the brokerage notes is 10% higher than consensus, and a Return on Capital Employed (ROCE) above 22%

** Jefferies views the company's confirmed 2025 guidance as cautious, given the strong year-to-date performance and a robust high-voltage order backlog of EUR 10.4 billion

** Up to the previous session's close, shares were up 38.4%​ YTD

 (Reporting by Agnieszka Olenska)

 ((Agnieszka.Olenska@thomsonreuters.com;))