NKT A/S (0MGC.IL)

567.50 +4.50 (+0.80%) At close: 03:50PM BST

NKT A/S

Vibeholms Allé 20
Brøndby 2605
Denmark
45 43 48 20 00
https://www.nkt.com

Sector(s): Industrials
Industry: Electrical Equipment & Parts
Full-time employees: 4,340

Key executives

Name	Title	Pay	Exercised	Year born
Ms. Line Andrea Fandrup	Exec. VP & CFO	945.15k	N/A	1979
Mr. Claes Westerlind	Pres & CEO	N/A	N/A	1982
Mr. Anders Jensen	Exec. VP & CTO	N/A	N/A	1964
Mr. Michael Nass Nielsen	Head of Investor Relations	N/A	N/A	N/A
Helle Gudiksen	Head of Group Communications	N/A	N/A	N/A
Ms. Kira Johnson	Exec. VP & Chief HR Officer	N/A	N/A	1974
Mr. Michael C. Hjorth	Exec. VP & Chief Commercial Officer of HV Solutions	N/A	N/A	1966
Mr. Mika Makela	Exec. VP & Head of HV Solutions Cologne	N/A	N/A	1981
Mr. Axel Barnekow Widmark	Exec. VP & Head of Service	N/A	N/A	1977
Mr. Will Hendrikx	Exec. VP & Head of Applications	N/A	N/A	1964

Amounts are as of 31 December 2022, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in DKK.

Description

NKT A/S develops, manufactures, and markets cables, accessories, and solutions in Denmark and internationally. It operates through Solutions, Applications, and Service & Accessories segments. The company offers high voltage cable solutions, including high voltage onshore and offshore AC and DC, city, and dynamic cables; medium voltage and universal cables; and low voltage building wires, flexible cables and conduits, control cables, 1 kV cables, and telecom energy cables. The company also provides high voltage cable accessories, such as GIS/transformer terminations, low pressure oil-filled cable systems, outdoor terminations, wind power applications, and joints; medium voltage cable accessories, which include medium voltage cable joints, cable connectors, voltage terminations, cable branch cabinets, paper-insulated lead sheath cables, and pre-assembled connection cables. In addition, it offers onshore cable services comprising of maintenance, spare parts management, resources on call, and cable jointing and termination services, as well as repair preparedness; and offshore cable, high voltage testing, cable monitoring, and oil and gas cable competence center services, as well as technology consulting services. The company was formerly known as NKT Holding A/S and changed its name to NKT A/S in May 2017. NKT A/S was founded in 1891 and is headquartered in Brøndby, Denmark.

Corporate governance

NKT A/S’s ISS governance QualityScore as of 1 October 2023 is 2. The pillar scores are Audit: 6; Board: 3; Shareholder rights: 1; Compensation: 2.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.