NKT A/S (OCSE:NKT)

kr 573.5 -2.5 (-0.43%) Market Cap: 30.76 Bil Enterprise Value: 25.90 Bil PE Ratio: 29.25 PB Ratio: 2.57 GF Score: 78/100

Q1 2024 Nkt A/S Earnings Call Transcript

May 08, 2024 / 08:00AM GMT

Release Date Price: kr559.5 (-2.01%)

Transcript

Claes Westerlind;S;President

Nkt A;Chief Executive Officer, Member of the Executive Management Team

/- -

Good morning to everybody. It's good to have you here with us today. Going to the first slide and before we get into the presentation today, I just want to draw your attention to this explaining that both the presentation from myself and Line, together with this presentation will contain forward-looking statements. And my name is Claes Westerlind, I will have the privilege to present to you today and next to myself. I also have my esteemed CFO, Line Fandrup, will also be giving an overview of the numbers.

Coming into the summarizing the first quarter of this year, we recognized that we had a good quarter behind us. We had a strong organic revenue growth of 27% compared to the same comparison quarter last year. This was driven primarily by solutions and also in general by satisfactory execution. The high-voltage order backlog, we also had the pleasure to recognize new all-time high EUR11.5 billion and this was after a major award from the German customer

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