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    NKT   DK0010287663

NKT A/S

(NKT)
  Report
Delayed Quote. Delayed Nasdaq Copenhagen - 11/30 10:59:52 am
305.8 DKK   +1.53%
11/17NKT A/S : Webcast presentation Q3 2021
PU
11/17NKT A/S : Quarterly Figures Q3 2021
PU
11/17Release of financial calendar for 2022
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Improved ESG ratings: NKT recognized for sustainability practices

09/30/2021 | 04:22am EST
NKT is constantly increasing sustainability in all its activities, and the dedicated work has now been recognized by three independent agencies improving the ESG ratings of the company. The updated ratings from EcoVadis, Sustainalytics' ESG Risk Rating and MSCI ESG Ratings rate the company's activities within environment, social and governance. With improved scores, NKT has been recognized for the continuous sustainability focus and the improvement emphasizes the company's position as a sustainability leader in the power cable industry.
- We play a central part in the global transition to renewable energy, and it is natural for us to have a strong focus on sustainability in NKT. I am proud that we have been acknowledged for our sustainability practices by the three external rating companies covering our sustainability journey. The improved ratings reflect our work and dedication to drive sustainability and connect a greener world with our cable solutions, says Alexander Kara, CEO in NKT.
The improved ESG ratings is a result of the continuous execution of several projects driving sustainability in NKT. These include increased data transparency, satisfactory execution on sustainability initiatives such as use of alternative fuel for forklifts and trucks, running all production on green electricity, increased focus on safety, diversity and inclusion as well as working with responsible and sustainable suppliers.
In 2020, NKT signed up for the Science Based Target initiative as the first major power cable company to become a net-zero emissions company no later than 2050 and committed at the same time to reduce its carbon footprint with 5% annually in average.
New ESG ratings of NKT
  • EcoVadis: Improved from Silver to Platinum-rating placing NKT amongst the top 1% of all rated companies and organizations
  • Sustainalytics: Improved from 'Medium' to 'Low' risk of experiencing material financial impacts from ESG factors giving NKT a position amongst the 4th percentile in the Electrical Equipment industry as of September 2021.
  • MSCI EGS Ratings: Improved from BBB to AA, the second-best grade in the MSCI rating system

Disclaimer

NKT A/S published this content on 30 September 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 30 September 2021 08:21:10 UTC.


ę Publicnow 2021
All news about NKT A/S
11/17NKT A/S : Webcast presentation Q3 2021
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11/17NKT A/S : Quarterly Figures Q3 2021
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Financials
Sales 2021 13 699 M 2 094 M 2 094 M
Net income 2021 52,9 M 8,09 M 8,09 M
Net Debt 2021 1 465 M 224 M 224 M
P/E ratio 2021 262x
Yield 2021 -
Capitalization 12 944 M 1 962 M 1 978 M
EV / Sales 2021 1,05x
EV / Sales 2022 0,85x
Nbr of Employees 4 120
Free-Float 100%
Chart NKT A/S
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Technical analysis trends NKT A/S
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Income Statement Evolution
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Mean consensus OUTPERFORM
Number of Analysts 4
Last Close Price 301,20 DKK
Average target price 343,00 DKK
Spread / Average Target 13,9%
EPS Revisions
Managers and Directors
Alexander Kara President & Chief Executive Officer
Line Andrea Fandrup Chief Financial Officer & Executive Vice President
Jens Peter Due Olsen Chairman
Anders Jensen Chief Technology Officer & Executive VP
Dietmar MŘller Chief Operations Officer & Executive VP
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