Q4 2021 Nkt A/S Earnings Call Transcript

Feb 23, 2022 / 09:00AM GMT
Operator

Ladies and gentlemen, thank you for standing by, and welcome to NKT Q4 Report 2021. (Operator Instructions)

I would now like to hand the conference over to the CEO of NKT, Alexander Kara. Please go ahead, sir.

Alexander Kara - NKT A/S-President&CEO

Thank you. Good morning, everybody. Welcome to our Q4 results, and we have published this morning also our Annual Report. So in this meet -- in the meeting room, I have here with me Basil Garabet, the President and CEO of NKT Photonics; Line Andrea Fandrup will call in from home. She is on sick leave. So we need to see how we manage that with questions, but that should be possible to manage that.

So if we go to the highlights of Q4, in NKT Cables, we grew organically 7% and the development of the growth was contributed by Applications, Service & Accessories. We still have a high order backlog of EUR 2.87 billion by end of 2021. And also what is not listed here, but worth to mention, we had a good cash flow generation in the fourth quarter of

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