NKT updates financial outlook for 2026
Cable manufacturer NKT updated its financial outlook for 2026, now expecting revenue between EUR 2.65-2.75 billion, an adjustment from the previous forecast.
NKT, a manufacturer of power cables and related services, has updated its financial outlook for the full year 2026. The company cited solid project execution across its business lines as the primary driver for the revised forecast.
The updated revenue forecast (based on standard metal prices) is set between EUR 2.65 billion and EUR 2.75 billion. This represents a slight upward adjustment from the previous guidance, which projected revenue in the range of EUR 2.63 billion to EUR 2.78 billion.
NKT's operational earnings before interest, taxes, depreciation, and amortization (EBITDA) outlook remains unchanged, with the company expecting it to be between EUR 400 million and EUR 430 million.
The company highlighted that the contributions from its Transmission and Grid Solutions & Accessories divisions were particularly strong, supporting the revised revenue expectations. This adjustment reflects NKT's performance and market conditions.