NKT AS (OCSE:NKT)
kr 540 -4.5 (-0.83%) Market Cap: 28.96 Bil Enterprise Value: 20.49 Bil PE Ratio: 12.92 PB Ratio: 2.08 GF Score: 81/100

Q3 2024 Nkt A/S Earnings Call (Q&A Session) Transcript

Nov 14, 2024 / 09:00AM GMT
Release Date Price: kr573 (-7.95%)
Claes Westerlind;S;President
Nkt A;Chief Executive Officer, Member of the Executive Management Team

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Good morning, everyone. Welcome to our Q3 2024 conference call. I'm Claes Westerlind, the CEO and I'm also joined by our CFO Line Andrea Fandrup. As usual, I will cover the overall development and the business lines and then Lena will walk through the financial performance for the quarter and also for the first nine months of the year before we begin.

Please note that this presentation may contain forward-looking statements and I therefore ask you to pay close attention to this disclaimer. Now let's move on to our key messages for the quarter.

The third quarter, 2024 was another good quarter for NKT. We continued executing on the renewable strategy, achieving solid operational and financial results. In this quarter, we again delivered double digit growth in both revenue and operational EBITA.

A development we have now seen for eight consecutive quarters, organic growth was 25% compared to the same quarter. Last year, mainly driven by

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