NKT Holding

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NKT Holding A / S

logo
legal form Industrial conglomerate
ISIN DK0010287663
founding 1891
Seat Vibeholms Allé 25 Brøndby, 2605 Denmark
management Michael Hedegaard Lyng
Number of employees approx. 3,400
Branch electric wire
Website www.nkt.com

Historical logo of the company

NKT Holding is an industrial conglomerate specializing in power cables and photonic products. The official founding year is 1891, when Hans Peter Prior founded NKT, but today's NKT Holding has only existed since 1991.

The Priorpark in Copenhagen, one of the production sites of NKT Holding companies.

subsidiary company

NKT cables

NKT Cables employs around 2800 people and operates worldwide. The core business is the development, production and installation of all types of cables. Production takes place exclusively in Europe, but NKT Cables has 23 locations around the world that are used to sell the products. NKT Cable will be run by an eight-member board.

In 1891 the Dane Hans Peter Prior founded the Nordiska Elektrisk Ledningstråd og kabelfabrik, but three years later it was renamed Nordisk Kabelfabrik. After the takeover by the corporation N ordiske K abel og T raadfabriker, the company began to grow stronger. Between 1919 and 1933, NKT Cables acquired 3 Danish companies and finally the German Felten & Guilleaume Kabelwerke GmbH in 1999 and the Norwegian Odin Kabel A / S. In 2013, NKT Cables acquired Ericsson's power cable company for 280 million Swedish kronor (€ 26,145,513.38) with 320 employees.

In 1960 nkt cables took its first steps in the field of cable scrap recycling; In 1993, NKT Cables introduced the world's first lead-free cable. In 1991 the recycling plant in Stenlille, Denmark, won the EU environmental protection award for its innovative use of gel in the recycling of cables. In 2002 NKT Cables received an EU environmental award for the development and marketing of PVC and halogen-free NOPOVIC® cables.

NKT Photonics

NKT Photonics is headquartered in Denmark and employs almost 300 people. The company manufactures various scientific equipment and technologies. One focus is on the use and improvement of laser technology. The products are sold to various types of customers around the world. NKT Photonics relies heavily on research. In 2016, NKT Photonics managed to make a profit for the first time in several years.

Corporate strategy

NKT is a growth-oriented conglomerate. By buying shares in companies that are at the beginning of their development, NKT wants to support their development and earn money from them. When the company has developed into a global player, NKT tries to sell the shares at a profit.

share

NKT is a public company. In the course of the financial crisis at the end of the 2000s, the NKT Holding share also fell by over 75%, but the price subsequently recovered and rose by a good 100% between 2011 and 2016. The share is traded on the German stock exchanges in Stuttgart, Frankfurt, Berlin and Düsseldorf, among others. The most important key figures of the share:

NKT key figures 2013 - 2017

2017 (forecast) 2016 2015 2014 2013
Earnings per share 3.58 1.51 2.77 2.28 1.54
P / E ratio 19.38 44.15 17.26 19.54 23.32
Earnings growth + 133.39% - 32.83% - 5.47% + 73.39% + 15.35%
Dividend (net) € 0.52 € 0.04 € 0.61 € 0.59 € 0.62
Dividend yield 0.75 0.07 1.28 1.33 1.72
Cash flow per share € 3.50 € 5.26 € 6.89 € 6.78 € 3.11
KCV 19.77 12.73 6.95 6.57 11.54

organization

NKT has had a new organizational structure since 2013. The entire NKT Holding is managed by the Executive Board, which consists of 9 members. Different organizational structures apply in the individual parts of the holding company.

history

In 1891 the Dane Hans Peter Prior founded NKT. NKT Holding in its current form has only existed since 1991 when a completely new structure was introduced. In 1994 one of the then parts of the conglomerate, NKT Electronics, was sold. In 1998 the shares in Lexel were sold for a profit of 2.8 billion Danish kroner (376,358,948 €). In addition, NKT Cables took a stake in the Cologne-based company Felten & Guillaume Kabelwerke GmbH, which doubled the production of NKT Cables. In 2002 NKT sold GiGA to Intel, with a profit of 4.6 billion Danish kroner (approx. 620 million €). In the years that followed, NKT acquired shares in a large number of companies and thus continued its growth strategy. In 2008 the cooperation with Petrobras was established, which from 2009 to 2011 led to the supply of the Brazilian oil company's offshore pipelines by companies of the NKT Holding. In 2011, another agreement was signed between Petrobras and NKT that brought NKT 9.7 billion Danish kroner (around 1.3 billion €) by 2015. In 2013, a new organizational structure was worked out to prepare the company for the future.

Between 1989 and 2017, Nilfisk was a subsidiary of NKT. Nilfisk produces cleaning equipment primarily for industrial companies and is one of the world's leading companies in this branch.

Individual evidence

  1. nkt.dk: NKT. Retrieved April 26, 2017 (Danish).
  2. History - nkt cables. Retrieved April 26, 2017 .
  3. nkt.dk: NKT. Retrieved April 26, 2017 (Danish).
  4. NKT Holding share prices | Stock market prices | all stock exchanges - boerse.de. Retrieved April 24, 2017 .
  5. NKT HOLDING A / S share | Key figures | Fundamental | 861226 | DK0010287663. Retrieved April 24, 2017 .
  6. nkt.dk: Board of Directors. Retrieved April 25, 2017 (Danish).
  7. nkt.dk: History. Retrieved April 24, 2017 (Danish).