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NKT A/S (OCSE:NKT) Allowance For Loans And Lease Losses


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What is NKT A/S Allowance For Loans And Lease Losses?

Allowance For Loans And Lease Losses only applies to banks.

NKT A/S (OCSE:NKT) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » NKT A/S (OCSE:NKT) » Definitions » Allowance For Loans And Lease Losses
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Traded in Other Exchanges
NRKBF:USA NKTc:UK 0MGC:UK NKT:Germany
Address
Vibeholms Alle 20, Broendby, DNK, 2605
Website
https://www.nkt.com
NKT A/S is a Denmark-based holding company that acquires, owns, and manages industrial companies in three business areas: Solutions, Applications, and Service and Accessories. NKT provides cables for power infrastructure, including onshore and offshore power transmission system, and its solutions bring power to interconnections, hydro-electric, and nuclear power plants, including onshore and offshore wind farms, oil and gas platforms, and solar energy. NKT Photonics, a supplier of fiber lasers and photonic crystal fibers. Geographically, the company operates and derives its majority revenue from mainland Europe, but it's also expanding its business to the U.S., China, and the U.K.