Investor news- NKT is well positioned to support the growing market demand for medium-voltage cables and we invest in additional capacity to strengthen our position as a key partner to our customers in the green transition of societies. As more renewables projects come online, a major upgrade of the European power grid is needed. Current medium-voltage production and installation capacity is not sufficient to meet the increasing demand in the market. The investments will support NKTs continued growth journey in line with our strategic ambitions and enable vital grid upgrades and renewables projects across Europe.Investors: Michael Nass Nielsen, Head of Investor Relations, Tel.: +45 2494 1654
Press: Louise Westh Naldal, Head of Group Communications, Tel: +45 2982 0022
(GlobeNewsWire)