NKT Hosts Investor Day 2026 to Reinforce Charging Forward Strategy

COPENHAGEN, Denmark, Sept. 29, 2026 /CourierPR/ -- NKT, a leading pure-play power cable systems provider, hosted its Investor Day 2026 in Karlskrona, Sweden, on September 29, 2026. The event aimed to provide further insights into the company’s Charging Forward strategy and its capital allocation priorities to support long-term value creation.

Since the launch of Charging Forward in 2025, NKT has been executing the strategy to strengthen its position in the power cable systems market. The company is focused on maintaining its leading position in Europe and capturing global opportunities. NKT’s President and CEO, Claes Westerlind, reaffirmed the strategic direction and medium-term ambitions set out with Charging Forward.

During the Investor Day, NKT provided additional details on the path towards these ambitions. The company highlighted the importance of continued excellence in the execution of its EUR 2 billion investment programme, cash generation, and capital discipline. NKT also shared an update on the expansion in Karlskrona, Sweden, which will make the site the world's largest offshore power cable factory. Commercial operations are now expected to commence in the second quarter of 2027, slightly ahead of the original plan. This expansion is expected to support the execution of the company's Transmission order backlog and the delivery of NKT's financial ambitions for 2030.

NKT’s medium-term financial ambitions, communicated in Company Announcement No. 25 of November 19, 2025, remain unchanged. The company’s capital allocation priorities are designed to support its strategic development while maintaining financial flexibility and creating long-term shareholder value. NKT will allocate capital by fulfilling four key priorities:

1. Maintain a robust balance sheet with a financial leverage, net interest-bearing debt to operational EBITDA below 0x. 2. Allocate capital to value-enhancing investments through organic growth initiatives and strategically aligned, value-accretive acquisitions. 3. Pay dividends to shareholders with a minimum annual distribution of 20% of adjusted net profit and an ambition to keep a stable dividend per share. 4. Return excess cash to shareholders through share buybacks or extraordinary dividends when appropriate.

The financial outlook for 2026, communicated in Company Announcement No. 11 of August 13, 2026, remains unchanged. The presentation materials from the Investor Day will be released before 08:00 CET on September 29, 2026.