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NKT A/S

NKT A/S
Leadership team

Mr. Alexander Kara (Pres & CEO)

Ms. Line Andrea Fandrup (Exec. VP & CFO)

Mr. Anders Jensen (Exec. VP & CTO)

Products/ Services
Machinery Manufacturing, Manufacturing
Number of Employees
1,000 - 20,000
Headquarters
Brøndby Strand, Hovedstaden, Denmark
Established
1891
Net Income
2M - 5M
Revenue
100M - 500M
Traded as
CPH:NKT
Social Media
URL
https://www.nkt.com
Overview
Location

Summary
History
Mission
Vision
Key Team
Recognition and Award
References
Summary
NKT A/S develops, manufactures, and markets cables, accessories, and solutions worldwide. It operates through Solutions, Applications, Service & Accessories, and NKT Photonics segments. It offers high voltage cable solutions, including high voltage onshore and offshore AC and DC, city, and dynamic cables; medium voltage and universal cables; and low voltage building wires, flexible cables and conduits, control cables, 1 kV cables, and telecom energy cables. The company also provides high voltage cable accessories, such as GIS/transformer, low pressure oil filled cable system, outdoor terminations, wind power applications, and transition joints; medium voltage cable accessories, which include medium voltage cable joints, cable connectors, voltage terminations, cable branch cabinets, paper-insulated lead sheath cables, and pre-assembled cable links. In addition, it offers onshore cable services comprising of repair preparedness, monitoring solutions, maintenance, spare parts management, resources on call, and cable jointing and termination; offshore cable services consisting of marine resource plan; high voltage testing services; and oil and gas cable competence center services, as well as provides technology consulting services. The company was formerly known as NKT Holding A/S and changed its name to NKT A/S in May 2017. NKT A/S was founded in 1891 and is headquartered in Brøndby, Denmark.
History

The company was founded in 1891 by H.P Prior, who would later become chairman of the Danish industry council, under the name of "Nordisk Elektrisk Ledningstraad og Kabel-Fabrik". It quickly expanded, buying up other companies, and in 1898 was named "Nordiske Kabel og Traadfabrik".

Over the next 90 years the company was active in a number of sectors outside the cable industry, including glass, aluminium, steel, nails, fasteners etc. primarily for the Danish market.

In 1990 the current company structure was established. Over the next 10 years, a series of mergers and sell offs were made with the aim of concentrating on a smaller number of core businesses. NKT Holding sold the electricity distribution manufacturer Lauritz Knudsen to Schneider in 1999, the semi-conductor manufacturer GIGA to Intel in 2000, and the underwater pipe manufacturer NKT Flexibles in November 2012.

In September 2016, the NKT Board of Directors announced the intent to split NKT Holding A/S into two separately listed companies, NKT and Nilfisk, as a consequence of the acquisition of ABB HV Cables business. The split took place October 12, 2017.

In 2022, NKT decided to sell NKT Photonics and focus 100% on electricity cales.

Mission
The mission of NKT A/S is to be the global leader in advanced electrical solutions by providing innovative products and services to meet the needs of their customers worldwide.
Vision
The vision of NKT A/S is to continue innovating and reinventing the industry, keeping customer satisfaction at the forefront of their actions. To be a respected global leader, providing high quality standards and value driven products.
Key Team

Mr. Michael Nass Nielsen (Head of Investor Relations)

Mr. Janus Hillerup (Sr. VP of Corp. Affairs & Gen. Counsel)

Helle Gudiksen (Head of Group Communications)

Ms. Kira Johnson (Exec. VP & Chief HR Officer)

Mr. Michael C. Hjorth (Exec. VP & Chief Commercial Officer of HV Solutions)

Mr. Mika Makela (Exec. VP & Head of HV Solutions Cologne)

Mr. Claes Westerlind (Exec. VP & Head of HV Solutions Karlskrona)

Recognition and Awards
NKT A/S has won several awards and recognitions, such as the ‘Innovator of the Year Award in 2019’ and ‘Top Employer in 2020’.
References

https://en.wikipedia.org/wiki/NKT_A/S

https://in.investing.com/equities/nkt-holding

https://finance.yahoo.com/quote/NKT.CO/profile?p=NKT.CO

https://www.crunchbase.com/organization/nkt-a-s

https://www.nkt.com

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NKT A/S
Leadership team

Mr. Alexander Kara (Pres & CEO)

Ms. Line Andrea Fandrup (Exec. VP & CFO)

Mr. Anders Jensen (Exec. VP & CTO)

Products/ Services
Machinery Manufacturing, Manufacturing
Number of Employees
1,000 - 20,000
Headquarters
Brøndby Strand, Hovedstaden, Denmark
Established
1891
Net Income
2M - 5M
Revenue
100M - 500M
Traded as
CPH:NKT
Social Media
URL
https://www.nkt.com