Q4 2022 Nkt A/S Earnings Call Transcript

Feb 14, 2024

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Feb 22, 2023 / 09:00AM GMT
Operator

Good day, and thank you for standing by. Welcome to the NKT Annual Report 2022 Conference Call. (Operator Instructions) Please be advised that today's conference is being recorded.

I would now like to hand the conference over to your speaker today, CEO of the company, Alexander Kara. Please go ahead.

Alexander Kara - NKT A/S-President&CEO

Good morning, everybody on the call. Thanks for joining. This call where we present our annual report and the Q4 numbers. So with me in the room is Line Andrea Fandrup, my CFO, and she will also take a part of the presentation.

So let's come first to the key messages from Q4. We had an organic growth of 35%, which was driven when supported by all the 3 business lines. We had a high order backlog reached a new level with new awards in different segments and also variation orders in existing projects. The EBITDA improved operational driven by all 3 business lines. The NKT Board of Directors will propose to increase NKT share issuance authorization up to 50%

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