NKT

COPENHAGEN – November 12, 2026 -- NKT has delivered 525 kV HVDC power cable sections, each longer than five kilometres in continuous length, to TenneT Germany for the tunnel beneath the River Elbe. The cables are part of the SuedLink project.

NKT developed the cable specifically for this section of the route. The company describes it as one of the most demanding cable deliveries in the northern part of SuedLink, which TenneT Germany is executing as transmission system operator.

Five-kilometre sections ruled out conventional cable drums

The sections are far longer than typical onshore power cable lengths, so NKT could not use standard drums. The company built a dedicated logistics chain to move the cable from its high-voltage factory in Karlskrona, Sweden, to the installation site in Germany.

The operation combined cable baskets, marine transport, floating-crane lifts and specialised heavy-load transport on German roads.

Copenhagen – September 29, 2026 -- NKT used its Investor Day 2026 in Karlskrona, Sweden, to unveil a formal capital allocation framework and confirm that commercial operation at its expanded Karlskrona facility will begin in Q2 2027, slightly ahead of the original schedule.

NKT ties cash generation to a four-priority capital allocation framework

The company said it will maintain a robust balance sheet, targeting net interest-bearing debt to operational EBITDA below 0x. Beyond balance-sheet discipline, NKT will direct capital toward organic growth and strategically aligned, value-accretive acquisitions, commit to a minimum annual dividend of 20% of adjusted net profit with an ambition for a stable payout per share, and return excess cash via share buybacks or extraordinary dividends when conditions allow.