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NKT Holding

NKT Holding
Company nameNKT Holding A/S
Company typePublicly traded
IndustryIndustrial machinery
Founded1891
Founder(s)H.P. Prior
HeadquartersCopenhagen
Key peopleChristian Kjær (Chairman), Thomas Hofman-Bang (President and CEO), Michael Hedegaard Lyng (CFO), Søren Isaksen (CTO),
ProductsPower cables, Pipelines, cleaning equipment, optical fibres
RevenueDKK 14.45 billion (2010)
Operating incomeDKK 479.7 million (2010)
Net incomeDKK 266.2 million (2010)
Total assetsDKK 12.56 billion (end 2010)
Total equityDKK 4.112 billion (end 2010)
Employees8,450 (average, 2010)
SubsidiaryNKT Cables, Nilfisk-Advance, Photonics Group, NKT Flexibles (co-owned with Subsea 7)

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NKT Holding is a holding company and industrial conglomerate with interests in cables and wires, cleaning equipment and high-pressure cleaners for both industry and private use, flexible pipelines for the oil and gas industry as well as optical components, lasers and crystal fibres.

The company is listed on NASDAQ OMX Copenhagen Stock Exchange and has been so since 1898.

NKT Holding is the parent company, with 4 main subsidiaries, being;

*NKT Cables

*Nilfisk-Advance

*Photonics Group (NKT Photonics, LIOS Technology, Vytran)

*NKT Flexibles (co-owned with Subsea 7)


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