Successful 2024: NKT releases annual report showing organic growth of 26%

NKT CEO Claes Westerlind on the 2024 performance:

- 2024 was a pivotal and eventful year for NKT. We continued to deliver on customer commitments, advanced major expansions, launched new investments, and maintained a strong focus on sustainability. These efforts were achieved alongside delivering robust financial performance and further updating our financial ambitions for 2028. With the acquisition of SolidAl and the divestment of NKT Photonics, we took the final steps to transform NKT into a pure-play power cable solutions provider.

During 2024, NKT continued to advance its sustainability commitments under the sustainability pillar of the ReNew BOOST strategy, focusing on climate, circularity, health and safety, and diversity. The biggest impact NKT has on climate change and decarbonisation is through the cable solutions it manufactures and installs for its customers.