Q1 2022 Nkt A/S Earnings Call Transcript
Good day, and thank you for standing by. Welcome to the NKT Q1 Report 2022 Conference Call. (Operator Instructions) Please be advised that today's conference is being recorded. (Operator Instructions)
I would now like to hand the conference over to your speaker today, Alexander Kara. Please go ahead, sir.
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Thank you. Good morning, everybody, and thank you that you take the time to listen to our Q1 results. So today, we have here in the room or present it's Line Andrea Fandrup, CFO and (inaudible); myself; and Basil Garabet, the President and CEO of NKT Photonics.
If we look at the key highlights from Q1 2022 from this quarter, the cable business has grown organically 7%. And the main contributor of application there is a record high quarterly revenues which contributed substantially. The operational EBITDA has increased from 10.2% to 12%, which is 1.8 percentage point increase. On the development on upgrades on Karlskrona and Cologne, high voltage
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