NKT AS (LTS:0MGC)
kr 644 -1 (-0.16%) Market Cap: 34.92 Bil Enterprise Value: 25.39 Bil PE Ratio: 16.97 PB Ratio: 2.54 GF Score: 73/100

Q4 2020 NKT A/S Earnings Call Transcript

Feb 24, 2021 / 09:00AM GMT
Release Date Price: kr227.82 (-1.86%)
Operator

Ladies and gentlemen, thank you for standing by and welcome to the NKT Annual Report 2020. (Operator Instructions) I must advise that this conference is being recorded today on Wednesday, the 24th of February 2021. And now I would like to hand the conference over to your first speaker today, Alexander Kara. Please go ahead.

Alexander Kara;S;President;CEO
NKT A

/-&

Yes. Thank you. Good morning, everybody. And thank you for your time to participate in our call, annual report and Q4 data information. So we are happy to present today first NKT Cables result. And then later, Basil, the CEO of Photonics, will present the Photonics data. So we have here in the room to present, Line, my CFO; Basil; and myself, so then I will start with the presentation.

If we look at 2020, I think 2020, I would consider for NKT a successful year, a transition year. So if we look at orders received, we have EUR 2.3 billion orders received, 5 major orders in Europe, supporting to the green transformation and we expect that this

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