OMX Den Nordiske Børs in Copenhagen
5 March 2008
Release No. 4
NKT Annual Report for 2007
The Board of Directors of NKT Holding has at its meeting today approved NKT's
annual report for 2007.
The report, whose results reflect a significant advance on the previous year,
include revenue of 13.5 bnDKK and net income before tax of close on 1 bnDKK.
The expectations with regard to earnings development in 2007 were thus
fulfilled.
The increase in revenue in relation to 2006, amounting to 2.710 bnDKK,
corresponds to organic growth of 11%. Cash flow related to operations was 1.1
bnDKK and RoCE improved from 19% in 2006 to 22% in 2007.
The increasing macro economic uncertainty has not prompted revision of the
development plans for NKT's business operations in the years ahead, as with the
decisions to invest in further production capacity at NKT Cables in Cologne,
Germany, and NKT Flexibles in Kalundborg, Denmark, we are well equipped to
realise the plans established.
For 2008 we anticipate consolidated revenue of around 14.5 bnDKK and net income
before tax of around 900 mDKK, which is similar to the results for 2007.
The annual report was disclosed via OMX The Nordic Exchange, Copenhagen, and is
available on NKT's website, www.nkt.dk.
Further details
Please address any questions regarding the above to CEO, Thomas Hofman-Bang,
NKT Holding A/S on telephone no. +45 4348 2000.
Yours faithfully
NKT Holding A/S
Christian Kjær
Chairman of Board of Directors
