NKT Annual Report for 2011

The Board of Directors of NKT Holding has today approved the NKT Annual Report for 2011.


NASDAQ OMX Copenhagen
Nikolaj Plads 6
DK-1007 Copenhagen K

1 March 2012
Release No. 2
 

In 2011 NKT realised revenue of 15.6 bnDKK, an organic growth of 4% and an operational EBITDA of 1,036 mDKK. The Group’s result was thus in line with the year’s predictions of an organic growth in revenue of approx. 5% as more specifically forecast in Interim Report Q3 of 15 November 2011, an EBITDA of approx. 1bnDKK.

At the Annual General Meeting on 29 March 2012 the Board of Directors will propose payment of a dividend for 2011 of 2.00 DKK per share, corresponding to 47.5 mDKK and 38% of net profit for the year after tax.

For 2012 NKT expects a rise in organic growth in revenue of approx. 5-10% and an operational EBITDA of approx. 1,050-1,250 mDKK. In addition, it is expected that the sale of NKT Flexibles, subject to approval by relevant authorities, will increase net income in 2012 by approx. 1.3 bnDKK.

The Annual Report has been published via NASDAQ OMX Copenhagen and is available on www.nkt.dk.

Further information
Please direct any questions to the undersigner on telephone +45 4348 2000.

Yours faithfully
NKT Holding A/S
Thomas Hofman-Bang
CEO


Attachments