Mar 21, 2019 / 02:00PM GMT
Jens Peter Due Olsen - NKT A/S-Chairman of the Board
Shareholders, welcome to the AGM in NKT. And I'll now go through the developments of 2018 both as regards our business and the work of the Board of Directors and I'll also look to the future.
2018 was a challenging year where the results were not satisfactory, and unfortunately this could not be balanced out by the fact that NKT Photonics delivered a very satisfactory account and was prosperous. The cable business were influenced by a number of internal and external factors, which has also slowed down the speed of the transformation and which will influence our results in '19 -- 2019. And therefore, we developed or we ended our cooperation with the CEO, Michael Hedegaard.
And as we could announce last Tuesday, we now have found our new CEO, and I'm very happy to welcome Alexander Kara. He has more than 30 years' experience from a managerial post in ABB, which gives him the necessary combination of experience and knowledge of the field, which is necessary for operating and for driving forward the
NKT A/S Annual Shareholders Meeting Transcript
Already have an account? Log in
Get the full story
Access to All Earning Calls and Stock Analysis | |
30-Year Financial on one screen | |
All-in-one Stock Screener with unlimited filters | |
Customizable Stock Dashboard | |
Real Time Insider Trading Transactions | |
8,000+ Institutional investors’ 13F holdings | |
Powerful Excel Add-in and Google sheets Add-on | |
All data downloadable | |
Quick customer support | |
And much more... |
30-Day 100% money back guarantee
You are not charged until the trial ends. Subscription fee may be tax deductible.
Excellent
4.6 out of 5 Trustpilot